Ukraine: Magnetic Media Market 2025

Magnetic Media Market Size in Ukraine

The Ukrainian magnetic media market expanded significantly to $X in 2021, surging by 13% against the previous year. Overall, consumption, however, recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Magnetic Media Production in Ukraine

In value terms, magnetic media production soared to $X in 2021 estimated in export price. In general, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 80% against the previous year. Magnetic media production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Magnetic Media Exports

Exports from Ukraine

After two years of growth, overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe decreased by -75% to X units in 2021. In general, exports recorded a significant contraction. The growth pace was the most rapid in 2016 with an increase of 13,786% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, magnetic media exports reduced notably to $X in 2021. Overall, exports saw a dramatic decrease. The growth pace was the most rapid in 2016 with an increase of 7,557%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for magnetic media exports from Ukraine, accounting for a 84% share of total exports. Moreover, magnetic media exports to Kazakhstan exceeded the volume sent to the second major destination, Vietnam (X units), more than tenfold. The third position in this ranking was held by Ethiopia (X units), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to +41.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-34.6% per year) and Ethiopia (-4.8% per year).

In value terms, Ethiopia ($X), Kazakhstan ($X) and Vietnam ($X) constituted the largest markets for magnetic media exported from Ukraine worldwide, together comprising 73% of total exports.

In terms of the main countries of destination, Kazakhstan, with a CAGR of +53.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average magnetic media export price stood at $X per unit in 2021, picking up by 4.5% against the previous year. Overall, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Kazakhstan ($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 Ethiopia (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Magnetic Media Imports

Imports into Ukraine

In 2021, approx. X units of magnetic media, not recorded, except cards with a magnetic stripe were imported into Ukraine; shrinking by -6.2% on the previous year's figure. In general, imports showed a sharp decline. The growth pace was the most rapid in 2016 when imports increased by 67% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, magnetic media imports dropped to $X in 2021. Overall, imports faced a precipitous slump. The pace of growth appeared the most rapid in 2016 with an increase of 40%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Finland (X units) and Singapore (X units) were the main suppliers of magnetic media imports to Ukraine, with a combined 40% share of total imports. China, Japan, Australia, Spain, Malaysia, Poland and Thailand lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +12.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest magnetic media suppliers to Ukraine were Finland ($X), Singapore ($X) and the United Arab Emirates ($X), together comprising 38% of total imports. These countries were followed by Japan, China, Australia, Malaysia, Spain, Thailand and Poland, which together accounted for a further 12%.

Among the main suppliers, Spain, with a CAGR of +14.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average magnetic media import price amounted to $X per unit, growing by 5.4% against the previous year. In general, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2014 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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