Seals; Mechanical Price in Ukraine - 2023

Seals; Mechanical Price in Ukraine (CIF) - 2022

In 2022, the average seals; mechanical import price amounted to $5.2 per unit, growing by 4.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $6 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($7.9 per unit), while the price for Russia ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Ukraine (FOB) - 2022

In 2022, the average seals; mechanical export price amounted to $13 per unit, rising by 76% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $17 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($45 per unit), while the average price for exports to Lithuania ($1.1 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 Latvia (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Ukraine

In 2022, the amount of seals; mechanicals imported into Ukraine contracted rapidly to 534K units, which is down by -45.2% compared with 2021 figures. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 975K units, and then reduced notably in the following year.

In value terms, seals; mechanical imports declined notably to $2.8M in 2022. In general, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of $4.9M, and then fell notably in the following year.

Import of Seals; Mechanical in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	681	698	955	648	-1.6%
Germany	957	883	712	513	-18.8%
Italy	565	686	777	303	-18.8%
France	53.8	47.7	125	254	67.8%
Czech Republic	142	23.8	71.6	172	6.6%
United States	675	701	782	154	-38.9%
Poland	158	196	238	142	-3.5%
Taiwan (Chinese)	126	196	237	138	3.1%
Turkey	32.2	65.9	98.2	46.7	13.2%
Russia	319	138	223	11.4	-67.1%
Others	777	711	693	420	-18.5%
Total	4,488	4,349	4,912	2,802	-14.5%

Top Suppliers of Seals; Mechanical to Ukraine in 2022:

China (180.3K units)
Germany (66.6K units)
Italy (60.8K units)
Taiwan (Chinese) (53.7K units)
Czech Republic (49.4K units)
France (34.3K units)
Poland (17.8K units)
Turkey (17.5K units)
Russia (8.8K units)
United States (6.6K units)

Seals; Mechanical Exports in Ukraine

In 2022, overseas shipments of seals; mechanicals decreased by -76.1% to 73K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. As a result, the exports attained the peak of 304K units, and then declined dramatically in the following year.

In value terms, seals; mechanical exports shrank notably to $960K in 2022. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Seals; Mechanical in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uzbekistan	2.0	353	150	402	485.8%
Latvia	32.7	51.0	110	123	55.5%
Moldova	45.3	39.9	28.6	70.5	15.9%
Indonesia	8.2	9.8	9.8	64.7	99.1%
Hong Kong SAR	N/A	28.6	16.9	63.2	48.7%
Russia	1,185	1,244	1,402	45.1	-66.4%
Kazakhstan	60.4	76.7	130	41.8	-11.5%
Turkey	1.9	1.3	2.0	41.5	179.5%
India	5.8	N/A	6.2	40.7	91.5%
China	162	N/A	0.2	15.1	-54.7%
Poland	3.0	3.1	2.6	14.3	68.3%
Georgia	14.4	4.9	15.1	11.5	-7.2%
Lithuania	0.2	0.1	17.3	5.7	205.5%
Others	151	560	390	22.0	-47.4%
Total	1,672	2,373	2,281	960	-16.9%