Ukraine: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Ukraine

In 2021, after two years of decline, there was significant growth in the Ukrainian straw for fodder balers market, when its value increased by 24% to $X. In general, consumption, however, saw a deep contraction. Straw for fodder balers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Ukraine

In 2021, exports of straw or fodder balers, including pickup balers from Ukraine soared to X units, jumping by 313% compared with the previous year. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 413%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of 395% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Azerbaijan (X units) was the main destination for straw for fodder balers exports from Ukraine, accounting for a 98% share of total exports. It was followed by Poland (X units), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Azerbaijan totaled +34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-21.7% per year) and Belarus (-64.6% per year).

In value terms, Azerbaijan ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Ukraine, comprising 82% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Azerbaijan amounted to +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-26.3% per year) and Belarus (-70.9% per year).

Export Prices by Country

In 2021, the average straw for fodder balers export price amounted to $X per unit, falling by -40.4% against the previous year. In general, the export price showed a significant contraction. The pace of growth was the most pronounced in 2016 an increase of 642%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Azerbaijan ($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 (+9.3%), while the prices for the other major destinations experienced a decline.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Ukraine

In 2021, imports of straw or fodder balers, including pickup balers into Ukraine skyrocketed to X units, surging by 25% against the previous year's figure. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 55%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, straw for fodder balers imports soared to $X in 2021. In general, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X units), Germany (X units) and France (X units) were the main suppliers of straw for fodder balers imports to Ukraine, with a combined 79% share of total imports. These countries were followed by Austria, Belarus, the Netherlands, Belgium and the United States, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +7.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and Poland ($X) appeared to be the largest straw for fodder balers suppliers to Ukraine, with a combined 79% share of total imports. These countries were followed by Austria, the Netherlands, Belgium, Belarus and the United States, which together accounted for a further 14%.

In terms of the main suppliers, Belgium, with a CAGR of +9.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average straw for fodder balers import price stood at $X per unit in 2021, surging by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 an increase of 16%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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 Austria ($X per unit), while the price for the United States ($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 (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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