CBR studiesLegal import of household appliances and electronics under quarantine restrictions: what does the growth indicate?
At the initiative of the Ukrainian Importers of Consumer Electronics Association, CBR research company analyzed trends in the import and sales of household appliances after the start of the COVID-19 pandemic to understand how quarantine restrictions could affect the share of legal and gray imports on the Ukrainian market. A summary of the analysis is provided below.
In January-September 2020, imports of the main categories of household appliances and electronics increased by 11% in monetary terms (USD) compared to January-September 2019. The volume of imports amounted to 1,568 mio USD. Revenues to the budget from the import of household appliances and electronics increased by 12% in January-September 2020 compared to January-September 2019. The total amount of receipts for 9 months of 2020 amounted to 352 mio USD (22% of the total import value).
You can read study results at the link: