CIS: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in CIS

The CIS gravimetric filling machine market skyrocketed to $X in 2022, increasing by 31% against the previous year. Over the period under review, consumption enjoyed a significant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in CIS

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 319% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports in CIS

Gravimetric filling machine exports contracted modestly to X units in 2022, reducing by -2.7% on the previous year. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 81% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined modestly in the following year.

In value terms, gravimetric filling machine exports dropped to $X in 2022. Overall, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 108%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Russia was the key exporting country with an export of around X units, which resulted at 70% of total exports. It was distantly followed by Belarus (X units), generating a 26% share of total exports. Kyrgyzstan (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine exports from Russia stood at +5.5%. At the same time, Belarus (+27.3%) and Kyrgyzstan (+26.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +27.3% from 2012-2022. Belarus (+21 p.p.) and Kyrgyzstan (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -15.7% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest gravimetric filling machine supplier in the CIS, comprising 72% of total exports. The second position in the ranking was taken by Belarus ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled +8.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+25.7% per year) and Kyrgyzstan (-34.6% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, shrinking by -2.6% against the previous year. Overall, the export price, however, posted moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 87% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the other leaders experienced a decline in the export price figures.

Gravimetric Filling Machine Imports

Imports in CIS

In 2022, overseas purchases of automatic gravimetric filling machines decreased by -3.9% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 85%. Over the period under review, imports hit record highs at X units in 2021, and then dropped slightly in the following year.

In value terms, gravimetric filling machine imports fell slightly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 89% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) was the largest importer of automatic gravimetric filling machines, mixing up 49% of total imports. Kyrgyzstan (X units) ranks second in terms of the total imports with an 18% share, followed by Uzbekistan (9.8%), Belarus (7.7%), Kazakhstan (6%) and Azerbaijan (4.8%). Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine imports into Russia stood at +1.2%. At the same time, Kyrgyzstan (+33.3%), Tajikistan (+30.5%), Azerbaijan (+18.1%) and Uzbekistan (+4.6%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +33.3% from 2012-2022. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (-3.7%) illustrated a downward trend over the same period. Kyrgyzstan (+16 p.p.), Uzbekistan (+9.8 p.p.), Azerbaijan (+3.4 p.p.) and Tajikistan (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while Belarus, Kazakhstan and Russia saw its share reduced by -4.6%, -7.4% and -18% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported automatic gravimetric filling machines in the CIS, comprising 82% of total imports. The second position in the ranking was held by Uzbekistan ($X), with an 8% share of total imports. It was followed by Kazakhstan, with a 3.9% share.

In Russia, gravimetric filling machine imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (-0.3% per year) and Kazakhstan (-9.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by 18%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+29.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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