Ukraine: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Ukraine

In 2021, the Ukrainian metal deburring machine market decreased by -11.6% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, faced a abrupt downturn. Metal deburring machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Exports

Exports from Ukraine

In 2021, approx. X units of machines for deburring or polishing metal were exported from Ukraine; with an increase of 44% against 2020 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 1,248% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal deburring machine exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 258% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X units), Russia (X units) and Iran (X units) were the main destinations of metal deburring machine exports from Ukraine, together comprising 82% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of +96.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for machines for deburring or polishing metal exports from Ukraine, comprising 42% of total exports. The second position in the ranking was taken by Latvia ($X), with a 15% share of total exports. It was followed by India, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-31.9% per year) and India (+115.0% per year).

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, surging by 28% against the previous year. Overall, the export price, however, recorded a dramatic contraction. The most prominent rate of growth was recorded in 2017 an increase of 244%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Latvia ($X per unit), while the average price for exports to Estonia ($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 India (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Ukraine

In 2021, overseas purchases of machines for deburring or polishing metal increased by 4.9% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 110% 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, metal deburring machine imports shrank significantly to $X in 2021. Overall, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 182%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest metal deburring machine supplier to Ukraine, with a 89% share of total imports. It was followed by Belarus (X units), with a 2.1% share of total imports. Italy (X units) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+13.0% per year) and Italy (-25.1% per year).

In value terms, China ($X) constituted the largest supplier of machines for deburring or polishing metal to Ukraine, comprising 25% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Germany, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.7% per year) and Germany (-28.5% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, shrinking by -48.9% against the previous year. Over the period under review, the import price, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 75%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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