Ukraine: Video Monitor Market 2024

Video Monitor Market Size in Ukraine

In 2021, after five years of growth, there was decline in the Ukrainian video monitor market, when its value decreased by -2.4% to $X. In general, consumption, however, continues to indicate a moderate increase. Video monitor consumption peaked at $X in 2020, and then fell slightly in the following year.

Video Monitor Production in Ukraine

In value terms, video monitor production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 with an increase of 39%. Video monitor production peaked at $X in 2020, and then declined slightly in the following year.

Video Monitor Exports

Exports from Ukraine

In 2021, shipments abroad of video monitors increased by 91% to X units, rising for the fourth consecutive year after four years of decline. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 117%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, video monitor exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Moldova (X units) was the main destination for video monitor exports from Ukraine, accounting for a 55% share of total exports. Moreover, video monitor exports to Moldova exceeded the volume sent to the second major destination, Georgia (X units), sixfold. The third position in this ranking was taken by Poland (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume to Moldova stood at +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+49.3% per year) and Poland (+20.2% per year).

In value terms, Moldova ($X) remains the key foreign market for video monitors exports from Ukraine, comprising 42% of total exports. The second position in the ranking was taken by Poland ($X), with a 10% share of total exports. It was followed by Georgia, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to Moldova stood at +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.3% per year) and Georgia (+18.9% per year).

Export Prices by Country

The average video monitor export price stood at $X per unit in 2021, falling by -16.3% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 28%. 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.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Georgia ($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 (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Video Monitor Imports

Imports into Ukraine

In 2021, after five years of growth, there was significant decline in supplies from abroad of video monitors, when their volume decreased by -7% to X units. Over the period under review, imports, however, showed a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of 64%. Imports peaked at X units in 2020, and then dropped in the following year.

In value terms, video monitor imports surged to $X in 2021. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 66% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) was the main video monitor supplier to Ukraine, with a 93% share of total imports. It was followed by Egypt (X units), with a 1.9% share of total imports. Vietnam (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (0.0% per year) and Vietnam (+179.6% per year).

In value terms, China ($X) constituted the largest supplier of video monitors to Ukraine, comprising 83% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 3.2% share of total imports. It was followed by Egypt, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+203.2% per year) and Egypt (0.0% per year).

Import Prices by Country

The average video monitor import price stood at $X per unit in 2021, surging by 36% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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