Ukraine: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Ukraine

In 2021, the Ukrainian bitumen mixer market increased by 88% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption saw significant growth. Bitumen mixer consumption peaked in 2021 and is likely to see gradual growth in years to come.

Bitumen Mixer Production in Ukraine

In value terms, bitumen mixer production expanded modestly to $X in 2021 estimated in export price. In general, production showed a pronounced slump. Bitumen mixer production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Bitumen Mixer Exports

Exports from Ukraine

In 2021, shipments abroad of machines for mixing mineral substances with bitumen was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 176%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, bitumen mixer exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2017 with an increase of 160%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X units) was the main destination for bitumen mixer exports from Ukraine, accounting for a 71% share of total exports. Moreover, bitumen mixer exports to Romania exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +3.2%.

In value terms, Romania ($X) emerged as the key foreign market for machines for mixing mineral substances with bitumen exports from Ukraine, comprising 68% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 32% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled +1.9%.

Export Prices by Country

In 2021, the average bitumen mixer export price amounted to $X per unit, which is down by -11.8% against the previous year. Over the period under review, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Romania stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.9%), while the prices for the other major destinations experienced a decline.

Bitumen Mixer Imports

Imports into Ukraine

In 2021, bitumen mixer imports into Ukraine soared to X units, with an increase of 173% against 2020 figures. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 767% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, bitumen mixer imports skyrocketed to $X in 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 580%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of bitumen mixer to Ukraine, with a 68% share of total imports. Moreover, bitumen mixer imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Germany (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +93.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+192.3% per year) and Germany (+38.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of machines for mixing mineral substances with bitumen to Ukraine, comprising 66% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +74.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+165.8% per year) and Germany (+10.8% per year).

Import Prices by Country

The average bitumen mixer import price stood at $X per unit in 2021, shrinking by -33.1% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and the United States ($X per unit), while the price for Poland ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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