Ukraine: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Ukraine

In 2021, the Ukrainian market for residential, commercial and industrial lighting fixture increased by 5.5% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Residential, Commercial and Industrial Lighting Fixture in Ukraine

In value terms, production of residential, commercial and industrial lighting fixture expanded rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 38% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Ukraine

In 2021, overseas shipments of residential, commercial and industrial lighting fixture increased by 3.6% to X units, rising for the second consecutive year after six years of decline. Overall, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 18%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt slump. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X units), Romania (X units) and Russia (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Ukraine, together accounting for 49% of total exports. Georgia, Azerbaijan, Germany, Belarus, the Czech Republic, Poland, Kazakhstan, Armenia and Lithuania lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +129.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for residential, commercial and industrial lighting fixture exported from Ukraine were Georgia ($X), Azerbaijan ($X) and Germany ($X), with a combined 39% share of total exports. Moldova, Romania, Russia, Poland, the Czech Republic, Belarus, Lithuania, Kazakhstan and Armenia lagged somewhat behind, together comprising a further 42%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +130.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, picking up by 23% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 82% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Armenia ($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 Azerbaijan (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Ukraine

After two years of growth, supplies from abroad of residential, commercial and industrial lighting fixture decreased by -3.1% to X units in 2021. Over the period under review, imports recorded a perceptible descent. The pace of growth appeared the most rapid in 2016 when imports increased by 50%. Over the period under review, imports of hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of residential, commercial and industrial lighting fixture rose remarkably to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) was the main residential, commercial and industrial lighting fixture supplier to Ukraine, with a 93% share of total imports. It was followed by Poland (X units), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-13.4% per year) and Italy (-10.1% per year).

In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to Ukraine, comprising 85% of total imports. The second position in the ranking was held by Poland ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-7.8% per year) and Italy (-10.8% per year).

Import Prices by Country

In 2021, the average import price for residential, commercial and industrial lighting fixture amounted to $X per unit, picking up by 11% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for residential, commercial and industrial lighting fixture increased by +51.5% against 2016 indices. The growth pace was the most rapid in 2014 an increase of 34% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($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 (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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