Ukraine: Milking Machine Market 2024

Milking Machine Market Size in Ukraine

The Ukrainian milking machine market reduced to $X in 2022, waning by -5.8% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.0% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Milking Machine Production in Ukraine

In value terms, milking machine production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 51% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Milking Machine Exports

Exports from Ukraine

In 2022, shipments abroad of milking machines decreased by -74.7% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 215%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, milking machine exports contracted rapidly to $X in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 173% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X units) was the main destination for milking machine exports from Ukraine, accounting for a 70% share of total exports. Moreover, milking machine exports to Moldova exceeded the volume sent to the second major destination, Latvia (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova amounted to +30.2%.

In value terms, Moldova ($X) emerged as the key foreign market for milking machines exports from Ukraine, comprising 90% of total exports. The second position in the ranking was held by Latvia ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to +40.4%.

Export Prices by Country

In 2022, the average milking machine export price amounted to $X per unit, reducing by -12.3% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Latvia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Milking Machine Imports

Imports into Ukraine

In 2022, the amount of milking machines imported into Ukraine dropped dramatically to X units, with a decrease of -22.7% on the previous year's figure. In general, imports recorded a perceptible decrease. The growth pace was the most rapid in 2020 when imports increased by 107%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, milking machine imports reduced markedly to $X in 2022. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 165%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest milking machine supplier to Ukraine, accounting for a 58% share of total imports. Moreover, milking machine imports from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X units), fivefold. Sweden (X units) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-4.5% per year) and Sweden (-16.4% per year).

In value terms, Germany ($X) constituted the largest supplier of milking machines to Ukraine, comprising 40% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total imports. It was followed by Ireland, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-47.3% per year) and Ireland (-6.9% per year).

Import Prices by Country

In 2022, the average milking machine import price amounted to $X per unit, dropping by -18.3% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 28% against the previous year. The import price peaked at $X per unit in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+30.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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