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 |
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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%.
