Ukraine: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Ukraine

The Ukrainian food manufacture machinery market surged to $X in 2021, picking up by 22% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Food manufacture machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Food Manufacture Machinery Production in Ukraine

In value terms, food manufacture machinery production reached $X in 2021 estimated in export price. In general, production, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2016 with an increase of 88% against the previous year. Food manufacture machinery production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Food Manufacture Machinery Exports

Exports from Ukraine

In 2021, after two years of growth, there was significant decline in overseas shipments of machinery for the preparation or manufacture of food or drink, when their volume decreased by -52.6% to X units. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 56%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, food manufacture machinery exports dropped significantly to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 105% against the previous year. The exports peaked at $X in 2020, and then reduced sharply in the following year.

Exports by Country

Russia (X units) was the main destination for food manufacture machinery exports from Ukraine, accounting for a 48% share of total exports. Moreover, food manufacture machinery exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), fourfold. The third position in this ranking was taken by Lithuania (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-22.4% per year) and Lithuania (+17.2% per year).

In value terms, Russia ($X) remains the key foreign market for machinery for the preparation or manufacture of food or drink exports from Ukraine, comprising 42% of total exports. The second position in the ranking was taken by Lithuania ($X), with an 18% share of total exports. It was followed by Georgia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+20.5% per year) and Georgia (+32.0% per year).

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2021, shrinking by -9.3% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, food manufacture machinery export price decreased by -17.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 45%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Lithuania ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Ukraine

In 2021, purchases abroad of machinery for the preparation or manufacture of food or drink decreased by -15.8% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, food manufacture machinery imports skyrocketed to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 83%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Turkey (X units), Germany (X units) and Spain (X units) were the main suppliers of food manufacture machinery imports to Ukraine, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +52.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and Denmark ($X) appeared to be the largest food manufacture machinery suppliers to Ukraine, with a combined 73% share of total imports. Spain, the Netherlands, Italy, China, Poland and Bulgaria lagged somewhat behind, together accounting for a further 16%.

Spain, with a CAGR of +49.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average food manufacture machinery import price stood at $X per unit in 2021, increasing by 54% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 66%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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