Ukraine: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Ukraine

In 2021, the Ukrainian numerically controlled drilling machine market decreased by -48.9% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption recorded a deep downturn. Numerically controlled drilling machine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Ukraine

In 2021, shipments abroad of numerically controlled drilling machines for working metal decreased by -5.5% to X kg, falling for the second year in a row after five years of growth. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 51%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports surged to $X in 2021. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 40%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X kg) and Russia (X kg) were the main destinations of numerically controlled drilling machine exports from Ukraine.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of 0.0%).

In value terms, Lithuania ($X) emerged as the key foreign market for numerically controlled drilling machines for working metal exports from Ukraine, comprising 50% of total exports. The second position in the ranking was held by Russia ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Lithuania was relatively modest.

Export Prices by Country

The average numerically controlled drilling machine export price stood at $X per ton in 2021, growing by 25% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, numerically controlled drilling machine export price increased by +38.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 73%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-33.6%).

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Ukraine

In 2021, overseas purchases of numerically controlled drilling machines for working metal decreased by -49.2% to X tons, falling for the second year in a row after four years of growth. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 165%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports reduced rapidly to $X in 2021. Over the period under review, imports showed a noticeable setback. The pace of growth was the most pronounced in 2018 when imports increased by 319% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest numerically controlled drilling machine supplier to Ukraine, with a 39% share of total imports. Moreover, numerically controlled drilling machine imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+38.6% per year) and Germany (-19.4% per year).

In value terms, Germany ($X), Turkey ($X) and China ($X) appeared to be the largest numerically controlled drilling machine suppliers to Ukraine, together accounting for 68% of total imports.

China, with a CAGR of +74.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, rising by 60% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 245% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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