Ukraine: Self-Propelled Excavating Machinery Market 2025

Self-Propelled Excavating Machinery Market Size in Ukraine

In 2021, the Ukrainian self-propelled excavating machinery market decreased by -79.2% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2020, and then fell sharply in the following year.

Self-Propelled Excavating Machinery Exports

Exports from Ukraine

In 2017, the amount of self-propelled earth moving, excavating machinery exported from Ukraine reduced markedly to X units, declining by -93.8% compared with the previous year's figure. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2016 with an increase of 1,100%. As a result, the exports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, self-propelled excavating machinery exports declined rapidly to $X in 2017. Over the period under review, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 978%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -29.3%.

Export Prices by Country

The average self-propelled excavating machinery export price stood at $X per unit in 2017, declining by -2% against the previous year. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in 2015 an increase of 4.3%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2017, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-12.7%).

Self-Propelled Excavating Machinery Imports

Imports into Ukraine

In 2021, after two years of growth, there was significant decline in purchases abroad of self-propelled earth moving, excavating machinery, when their volume decreased by -80.5% to X units. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 200% against the previous year. Imports peaked at X units in 2020, and then reduced sharply in the following year.

In value terms, self-propelled excavating machinery imports shrank dramatically to $X in 2021. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 223%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sweden (X units), China (X units) and Germany (X units) were the main suppliers of self-propelled excavating machinery imports to Ukraine, with a combined 71% share of total imports. The UK, the Netherlands, Hungary and Belgium lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of 0.0%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Ukraine, comprising 33% of total imports. The second position in the ranking was held by the UK ($X), with a 9% share of total imports. It was followed by Belgium, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.1% per year) and Belgium (+18.3% per year).

Import Prices by Country

In 2021, the average self-propelled excavating machinery import price amounted to $X per unit, increasing by 22% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 46%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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