Ukraine: Wheeled Loader Market 2024

Wheeled Loader Market Size in Ukraine

The Ukrainian wheeled loader market surged to $X in 2021, growing by 32% against the previous year. Overall, consumption recorded tangible growth. Wheeled loader consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Wheeled Loader Production in Ukraine

In value terms, wheeled loader production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 180%. Wheeled loader production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wheeled Loader Exports

Exports from Ukraine

In 2021, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were exported from Ukraine; growing by 122% compared with the year before. Over the period under review, exports saw a notable increase. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wheeled loader exports soared to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 98%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X units), Moldova (X units) and Georgia (X units) were the main destinations of wheeled loader exports from Ukraine, with a combined 75% share 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 Moldova (with a CAGR of +38.9%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Moldova ($X) and Georgia ($X) appeared to be the largest markets for wheeled loader exported from Ukraine worldwide, together comprising 71% of total exports.

Moldova, with a CAGR of +44.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, waning by -12.6% against the previous year. Over the period under review, the export price saw a slight contraction. The growth pace was the most rapid in 2018 an increase of 38%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 Belarus ($X per unit), while the average price for exports to Romania ($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 Turkmenistan (+61.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Ukraine

In 2021, imports of wheeled loaders, crawler shovel loaders, front-end loaders into Ukraine surged to X units, jumping by 21% against the previous year's figure. Over the period under review, imports posted tangible growth. The growth pace was the most rapid in 2016 with an increase of 167% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, wheeled loader imports soared to $X in 2021. In general, imports saw a modest increase. The pace of growth was the most pronounced in 2016 with an increase of 124% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest wheeled loader supplier to Ukraine, with a 48% share of total imports. Moreover, wheeled loader imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Japan (X units), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.1% per year) and Japan (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of wheeled loaders, crawler shovel loaders, front-end loaders to Ukraine, comprising 52% of total imports. The second position in the ranking was held by the United States ($X), with a 7.9% share of total imports. It was followed by Sweden, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Sweden (-6.0% per year).

Import Prices by Country

The average wheeled loader import price stood at $X per unit in 2021, jumping by 16% against the previous year. In general, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Sweden ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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