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The Ukrainian machinery and equipment market is experiencing significant growth, fueled by increased agricultural activity and government initiatives. The market is projected to reach $2.4 billion by 2027, presenting immense potential for both domestic and international players.
Government procurement is a major driver of the market, with budgets exceeding $1 billion annually allocated for machinery and equipment purchases across various sectors. This provides ample opportunities for suppliers to fulfill the needs of state-owned enterprises and government agencies.
Agricultural machinery and equipment dominate the government procurement landscape, accounting for over 50% of total purchases. Tractors, harvesters, tillage equipment, and irrigation systems are among the most sought-after products.
The Ministry of Agrarian Policy and Food, Ministry of Infrastructure, and Ministry of Defense are the top authorities responsible for machinery and equipment procurement in Ukraine. They play a crucial role in setting standards, defining requirements, and awarding contracts.
Major international companies like John Deere, AGCO, and Caterpillar consistently win significant contracts. However, domestic manufacturers are also gaining traction, capturing a growing share of the market.
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