Market Size of Ukraine Freight And Logistics Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.10 Billion |
| Market Size (2029) | USD 7.36 Billion |
| CAGR (2024 - 2029) | 3.94 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Ukraine Freight & Logistics Market Analysis
The Ukraine Freight And Logistics Market size is estimated at USD 6.10 billion in 2024, and is expected to reach USD 7.36 billion by 2029, growing at a CAGR of 3.94% during the forecast period (2024-2029).
The freight and logistics sector plays a crucial role in supporting various industries, including manufacturing, agriculture, and trade. Ukraine's strategic geographical location between Europe and Asia positions it as a key transit hub for cargo transportation. The share of maritime transportation in the country is expected to increase in the coming years. Additionally, as the railways is currently being utilized to almost full load, it will not be able to grow much because of the limited capacity.
- Ukraine's trade with China improved while that with EU suffered in the year 2019. Ukraine's exports of goods to the EU grew by very moderate 4% (January-November) 2019, gradually decelerating over the year, while exports to China soared by 70% and overall exports increased by 6%.
Ukraine Freight & Logistics Industry Segmentation
The Ukraine Freight and logistics market report provides insights on the Impact of Ecommerce Growth on the Market, Impact of Regulations and Investments on Logistics Sector, Insights on Courier, Express, and Parcel (with Market Size), Ukraine Free Trade Agreements.
The report also provides qualitative and quantitative information on segmentation Function (Freight Transport(Road, Rail, Sea and Inland Waterway, Air) , Freight Forwarding, Warehousing, Value-added Services and Other Functions)) and by End User (Construction, Oil & Gas and Quarrying, Agriculture, Fishing, and Forestry, Manufacturing & Automotive, Distributive Trade, Others (Pharmaceutical and Healthcare)).
Furthermore, the report provides company profiles to understand the competitive landscape of the market.
| BY FUNCTION | ||||||
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| Freight Forwarding | ||||||
| Warehousing | ||||||
| Value-added Services and Other Functions |
| BY END-USER | |
| Construction | |
| Oil & Gas and Quarrying | |
| Agriculture, Fishing, and Forestry | |
| Manufacturing & Automotive | |
| Distributive Trade | |
| Others (Pharmaceutical and Healthcare) |
Ukraine Freight And Logistics Market Size Summary
The Ukraine freight and logistics market is poised for growth, driven by its strategic location between Europe and Asia, which positions it as a vital transit hub for cargo transportation. The sector is integral to supporting industries such as manufacturing, agriculture, and trade. Despite challenges, including limited railway capacity and poor road conditions, the market is expected to expand steadily over the forecast period. Maritime transportation is anticipated to play a more significant role, while road transportation remains crucial for trade with the EU, despite restrictions and infrastructural issues. The condition of roads and bridges in Ukraine poses significant challenges, with a majority requiring substantial repairs, which hampers efficient logistics operations.
Trade dynamics have shifted, with Ukraine strengthening its trade links with the EU and China, although logistical constraints have impacted growth. The country's ports have seen increased cargo transshipment, particularly in grain and ore exports, with key ports like Southern, Mykolaiv, and Odessa leading in transshipment volumes. The market is becoming increasingly competitive, with international players such as DHL, DSV, and CEVA Logistics expanding their presence. Recent acquisitions, like Logistics Plus's purchase of Concord-Trans, highlight the growing interest in Ukraine's logistics sector. Despite the competitive landscape, the rail freight market faces challenges due to a lack of competition, while road freight remains a critical component of the logistics infrastructure.
Ukraine Freight And Logistics Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Dynamics
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1.2.1 Drivers
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1.2.2 Restraints
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1.2.3 Opportunities
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1.3 Technology Innovation in the Market
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1.4 Ecommerce Growth in the Market
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1.5 Government Regulations and Initiatives in the Logistics Sector
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1.6 Industry Attractiveness - Porter's Five Forces Analysis
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1.7 Insights on Courier, Express, and Parcel (with Market Size)
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1.8 Ukraine Free Trade Agreements
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2. MARKET SEGMENTATION
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2.1 BY FUNCTION
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2.1.1 Freight Transport
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2.1.1.1 Road
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2.1.1.2 Rail
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2.1.1.3 Sea and Inland
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2.1.1.4 Air
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2.1.2 Freight Forwarding
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2.1.3 Warehousing
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2.1.4 Value-added Services and Other Functions
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2.2 BY END-USER
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2.2.1 Construction
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2.2.2 Oil & Gas and Quarrying
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2.2.3 Agriculture, Fishing, and Forestry
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2.2.4 Manufacturing & Automotive
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2.2.5 Distributive Trade
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2.2.6 Others (Pharmaceutical and Healthcare)
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Ukraine Freight And Logistics Market Size FAQs
How big is the Ukraine Freight and Logistics Market?
The Ukraine Freight and Logistics Market size is expected to reach USD 6.10 billion in 2024 and grow at a CAGR of 3.94% to reach USD 7.36 billion by 2029.
What is the current Ukraine Freight and Logistics Market size?
In 2024, the Ukraine Freight and Logistics Market size is expected to reach USD 6.10 billion.
