CFTS-Consulting carried out an overview of grain hoppers transportation market in Ukraine. The report was provided for an international agricultural products trader.
"The project resulted in a comprehensive overview of the grain hoppers transportation market in Ukraine, which will be used with the purpose to develop the company strategy in the abovementioned segment of the freight market," Andrii Shklyar, the head of the CFTS-Consulting expert department, announced.
The overview of grain hoppers fleet includes three thematic clusters: analysis of rolling stock, analysis of cargo traffic and forecast of the demand for rolling stock. Analysis of the current grain hoppers fleet was provided by several characteristics - age structure, ownership, types of wagons, and models. The research of cargoes, transported by grain hoppers, contains analysis of the main directions and regional breakdown of grain export, as well as dynamics of grain transshipment at the sea ports. Moreover, analysts of CFTS-Consulting forecasted the demand for grain hoppers in Ukraine till 2025.
According to Andrii Shklyar, the interest of traders in grain hoppers is explained by the growth of volumes of grain transportation by rail and the existing grain hopperse fleet does not satisfy the demand of business.
"The average age of the grain hoppers fleet in Ukraine is 28 years, moreover, the bulk of the grain hoppers is owned by Ukrzaliznytsia. Large-scale private investments in purchase of grain hoppers were restrained by the low cost prices for renting UZ railcars, but as a result of the the railcar component liberalization, this imbalance significantly decreased. Naturally, the profitability of private investments has improved, which returned grain hoppers to the sphere of investment interests of the largest market players," the head of the CFTS-Consulting expert department noted.
Earlier CFTS-Consulting delivered a detailed study of modal competitiveness in Ukraine in terms of cost, administrative and time expenses and prepared a forecast of UZ cargo flow till 2032. The report was ordered by European Bank of Reconstruction and Development.