Internal Combustion Engines Market in Ukraine
Market Overview
In 
, the Ukrainian internal combustion engines market decreased by -% to $, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a abrupt setback. Internal combustion engines consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, the Ukrainian internal combustion engines market decreased by -% to $, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a abrupt setback. Internal combustion engines consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Consumption
In , consumption of motor vehicles compression-ignition internal combustion piston engines decreased by -% to units, falling for the fourth consecutive year after three years of growth. Overall, consumption recorded a abrupt downturn. Internal combustion engines consumption peaked at units in 2007; however, from 2008 to , consumption failed to regain momentum.
The size of the internal combustion engines market in Ukraine shrank to $ in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. Internal combustion engines consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
, consumption of motor vehicles compression-ignition internal combustion piston engines decreased by -% to units, falling for the fourth consecutive year after three years of growth. Overall, consumption recorded a abrupt downturn. Internal combustion engines consumption peaked at units in 2007; however, from 2008 to , consumption failed to regain momentum.The size of the internal combustion engines market in Ukraine shrank to $
in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. Internal combustion engines consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for internal combustion engines in Ukraine, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Internal combustion engines market in Ukraine consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.Trade Balance
Ukraine remains a net importer of internal combustion engines; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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