Ukraine: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Ukraine

The Ukrainian snow motor vehicle market dropped sharply to $X in 2022, falling by -28.7% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank remarkably in the following year.

Snow Motor Vehicle Production in Ukraine

In value terms, snow motor vehicle production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 20% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Snow Motor Vehicle Exports

Exports from Ukraine

Snow motor vehicle exports from Ukraine fell sharply to X units in 2022, which is down by -15.8% against the previous year's figure. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 778% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, snow motor vehicle exports fell markedly to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 2,303%. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

Canada (X units) was the main destination for snow motor vehicle exports from Ukraine, with a 77% share of total exports. Moreover, snow motor vehicle exports to Canada exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. Poland (X units) ranked third in terms of total exports with a 3.9% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Canada totaled +114.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+108.0% per year) and Poland (+25.7% per year).

In value terms, Canada ($X) remains the key foreign market for motor vehicles for travelling on snow or golf cars exports from Ukraine, comprising 74% of total exports. The second position in the ranking was taken by Italy ($X), with a 9.4% share of total exports. It was followed by South Sudan, with a 6.1% share.

From 2013 to 2022, the average annual growth rate of value to Canada totaled +146.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+135.9% per year) and South Sudan (-33.0% per year).

Export Prices by Country

The average snow motor vehicle export price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the export price, however, recorded a significant expansion. The growth pace was the most rapid in 2017 an increase of 174% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports into Ukraine

In 2022, after six years of growth, there was significant decline in supplies from abroad of motor vehicles for travelling on snow or golf cars, when their volume decreased by -64.1% to X units. In general, imports, however, continue to indicate modest growth. The growth pace was the most rapid in 2018 when imports increased by 139% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then declined notably in the following year.

In value terms, snow motor vehicle imports contracted dramatically to $X in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest snow motor vehicle supplier to Ukraine, with a 85% share of total imports. Moreover, snow motor vehicle imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-21.1% per year) and Taiwan (Chinese) (+32.9% per year).

In value terms, China ($X) constituted the largest supplier of motor vehicles for travelling on snow or golf cars to Ukraine, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.7% share of total imports. It was followed by Finland, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +35.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.8% per year) and Finland (-15.6% per year).

Import Prices by Country

The average snow motor vehicle import price stood at $X per unit in 2022, reducing by -13.5% against the previous year. Over the period under review, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 31%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Canada ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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