Ukraine: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Ukraine

For the third consecutive year, the Ukrainian steam blasting machine market recorded growth in sales value, which increased by 25% to $X in 2021. Over the period under review, consumption, however, showed a slight shrinkage. Steam blasting machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Steam Blasting Machine Exports

Exports from Ukraine

Steam blasting machine exports from Ukraine soared to X units in 2021, growing by 130% against 2020 figures. Overall, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2019 with an increase of 259%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for steam blasting machine exports from Ukraine, with a 64% share of total exports. Moreover, steam blasting machine exports to Russia exceeded the volume sent to the second major destination, Moldova (X units), fivefold. The third position in this ranking was held by Turkey (X units), with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+59.9% per year) and Turkey (+17.8% per year).

In value terms, Russia ($X) remains the key foreign market for steam or sand blasting machines and similar jet-projecting machines exports from Ukraine, comprising 59% of total exports. The second position in the ranking was taken by Moldova ($X), with a 25% share of total exports. It was followed by Kazakhstan, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+64.3% per year) and Kazakhstan (-21.0% per year).

Export Prices by Country

The average steam blasting machine export price stood at $X per unit in 2021, growing by 8% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 135% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Latvia ($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 Croatia (+115.5%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Ukraine

In 2021, the amount of steam or sand blasting machines and similar jet-projecting machines imported into Ukraine skyrocketed to X units, increasing by 22% compared with 2020 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 85%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, steam blasting machine imports soared to $X in 2021. Overall, imports, however, recorded a noticeable downturn. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of steam blasting machine to Ukraine, with a 62% share of total imports. Moreover, steam blasting machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.5% per year) and Germany (-18.4% per year).

In value terms, the largest steam blasting machine suppliers to Ukraine were China ($X), Italy ($X) and Germany ($X), with a combined 75% share of total imports. Poland, Japan, Lithuania, Hungary, Russia and Slovenia lagged somewhat behind, together accounting for a further 15%.

Japan, with a CAGR of +144.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, increasing by 3.9% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2015 an increase of 40%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Russia ($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 (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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