Ukraine: Market for Agricultural And Forestry Tractors 2024

Market Size for Agricultural And Forestry Tractors in Ukraine

The Ukrainian agricultural and forestry tractor market contracted markedly to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.

Production of Agricultural And Forestry Tractors in Ukraine

In value terms, agricultural and forestry tractor production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Agricultural and forestry tractor production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Agricultural And Forestry Tractors

Exports from Ukraine

Agricultural and forestry tractor exports from Ukraine shrank sharply to X units in 2022, dropping by X% against 2021. Over the period under review, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, agricultural and forestry tractor exports soared to $X in 2022. In general, exports showed a dramatic decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), Moldova (X units) and Kyrgyzstan (X units) were the main destinations of agricultural and forestry tractor exports from Ukraine, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for agricultural and forestry tractor exported from Ukraine were Kyrgyzstan ($X), Bulgaria ($X) and Moldova ($X), with a combined X% share of total exports. Kazakhstan, Germany, Hungary, Poland, Lithuania, Romania and the Netherlands lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded 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

The average agricultural and forestry tractor export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price showed a measured expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agricultural And Forestry Tractors

Imports into Ukraine

In 2022, agricultural and forestry tractor imports into Ukraine shrank rapidly to X units, declining by X% against the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, agricultural and forestry tractor imports contracted remarkably to $X in 2022. Over the period under review, imports recorded a mild decrease. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest agricultural and forestry tractor supplier to Ukraine, with a X% share of total imports. Moreover, agricultural and forestry tractor imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X units), fivefold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Japan (X% per year).

In value terms, the largest agricultural and forestry tractor suppliers to Ukraine were the United States ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Belarus, France, the UK, Japan and Poland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the UK, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average agricultural and forestry tractor import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, showed a mild decline. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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