Ukraine: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Ukraine

In 2021, the Ukrainian self-propelled rock cutter market increased by 93% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a abrupt contraction. Self-propelled rock cutter consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Self-Propelled Rock Cutter Production in Ukraine

In value terms, self-propelled rock cutter production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 9.7% against the previous year. Self-propelled rock cutter production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Self-Propelled Rock Cutter Exports

Exports from Ukraine

In 2021, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery increased by 0.4% to X units, rising for the third year in a row after five years of decline. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 131% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, self-propelled rock cutter exports amounted to $X in 2021. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 139%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units), Russia (X units) and the Czech Republic (X units) were the main destinations of self-propelled rock cutter exports from Ukraine, together comprising 98% of total exports.

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 +2.6%), while the other leaders experienced a decline.

In value terms, Kazakhstan ($X) remains the key foreign market for self-propelled coal or rock cutters and tunnelling machinery exports from Ukraine, comprising 74% of total exports. The second position in the ranking was held by Russia ($X), with a 22% share of total exports. It was followed by the Czech Republic, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-13.8% per year) and the Czech Republic (+0.4% per year).

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, leveling off at the previous year. In general, the export price, however, saw a slight downturn. The growth pace was the most rapid in 2018 when the average export price increased by 35%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to the Czech Republic ($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 Kazakhstan (+2.0%), while the prices for the other major destinations experienced a decline.

Self-Propelled Rock Cutter Imports

Imports into Ukraine

In 2021, after two years of decline, there was significant growth in overseas purchases of self-propelled coal or rock cutters and tunnelling machinery, when their volume increased by 207% to X units. Over the period under review, imports, however, showed a abrupt decline. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, self-propelled rock cutter imports skyrocketed to $X in 2021. In general, imports, however, faced a abrupt decrease. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Poland (X units) and Sweden (X units) were the main suppliers of self-propelled rock cutter imports to Ukraine, together comprising 44% of total imports. France, the Czech Republic, Russia, Austria and Finland lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +400.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest self-propelled rock cutter suppliers to Ukraine were China ($X), the Czech Republic ($X) and Sweden ($X), together accounting for 43% of total imports. Poland, Russia, France, Finland and Austria lagged somewhat behind, together comprising a further 17%.

Among the main suppliers, France, with a CAGR of +151.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average self-propelled rock cutter import price stood at $X per unit in 2021, jumping by 41% against the previous year. Overall, the import price, however, showed a abrupt decline. The import price peaked at $X per unit in 2012; however, from 2013 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 the Czech Republic ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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