Plugs and Socket Price in Ukraine - 2024
Contents:
- Plugs and Socket Price in Ukraine (CIF) - 2024
- Plugs and Socket Price in Ukraine (FOB) - 2022
- Plugs and Socket Imports in Ukraine
- Plugs and Socket Exports in Ukraine
Plugs and Socket Price in Ukraine (CIF) - 2024
In August 2023, the average plugs and socket import price amounted to $234 per thousand units, falling by -16.1% against the previous month. Over the period from January 2023 to August 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2023 an increase of 41% month-to-month. Over the period under review, average import prices attained the maximum at $278 per thousand units in July 2023, and then dropped dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($877 per thousand units), while the price for Turkey ($84.0 per thousand units) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Ukraine (FOB) - 2022
The average plugs and socket export price stood at $0.6 per unit in 2022, jumping by 58% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $0.8 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1 per unit), while the average price for exports to Moldova ($0.1 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 Kazakhstan (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Ukraine
In 2022, after three years of growth, there was significant decline in purchases abroad of electrical plugs and sockets for under 1000 v, when their volume decreased by -38.5% to 293M units. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 476M units, and then fell rapidly in the following year.
In value terms, plugs and socket imports dropped remarkably to $80M in 2022. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $105M, and then reduced remarkably in the following year.
| Import of Plugs and Socket in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.9 | 29.1 | 36.3 | 27.9 | 3.9% |
| Germany | 13.4 | 12.4 | 16.2 | 11.7 | -4.4% |
| Turkey | 9.4 | 10.7 | 13.2 | 7.4 | -7.7% |
| Czech Republic | 5.1 | 2.8 | 5.2 | 4.2 | -6.3% |
| Poland | 3.4 | 3.8 | 3.8 | 2.7 | -7.4% |
| Romania | 3.5 | 6.3 | 4.6 | 2.2 | -14.3% |
| Belarus | 1.4 | 1.6 | 1.5 | 0.3 | -40.2% |
| Others | 22.0 | 19.6 | 24.0 | 23.7 | 2.5% |
| Total | 83.2 | 86.2 | 105 | 80.1 | -1.3% |
Top Suppliers of Plugs and Socket to Ukraine in 2022:
- China (112.4M units)
- Turkey (104.3M units)
- Germany (25.4M units)
- Poland (9.5M units)
- Czech Republic (8.9M units)
- Romania (4.9M units)
- Belarus (2.7M units)
Plugs and Socket Exports in Ukraine
In 2022, approx. 23M units of electrical plugs and sockets for under 1000 v were exported from Ukraine; with a decrease of -17.5% against the previous year. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 28M units, and then fell markedly in the following year.
In value terms, plugs and socket exports surged to $13M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Plugs and Socket in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 5.0 | 4.8 | 4.2 | 7.6 | 15.0% |
| Poland | 1.9 | 2.0 | 2.5 | 2.5 | 9.6% |
| Romania | 0.1 | N/A | 0.1 | 1.0 | 115.4% |
| Czech Republic | 0.5 | 0.1 | N/A | 0.2 | -26.3% |
| Estonia | 0.6 | 0.6 | 0.5 | 0.2 | -30.7% |
| Moldova | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Kazakhstan | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Russia | 1.0 | 0.8 | 0.7 | 0.1 | -53.6% |
| Latvia | 1.0 | 0.8 | 0.9 | N/A | -5.1% |
| Belarus | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 1.1 | 0.5 | 0.7 | 1.1 | 0.0% |
| Total | 11.7 | 9.8 | 9.9 | 12.9 | 3.3% |
Top Export Markets for Plugs and Socket from Ukraine in 2022:
- Poland (9.4M units)
- Hungary (7.8M units)
- Romania (1.9M units)
- Moldova (1.4M units)
- Czech Republic (0.5M units)
- Estonia (0.4M units)
- Kazakhstan (0.4M units)
- Russia (0.2M units)
- Belarus (0.1M units)
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