CIS: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in CIS

The CIS balloon and dirigible market reduced modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a slight decrease. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Balloon And Dirigible Production in CIS

In value terms, balloon and dirigible production reduced to $X in 2022 estimated in export price. In general, production saw a perceptible decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Balloon And Dirigible Exports

Exports in CIS

After three years of decline, shipments abroad of balloons, dirigibles and other non-powered aircraft decreased by X% to X units in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, balloon and dirigible exports soared to $X in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Kazakhstan (X units) represented the key exporter of balloons, dirigibles and other non-powered aircraft in the CIS, constituting X% of total export.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of balloons, dirigibles and other non-powered aircraft. While the share of Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest balloon and dirigible supplier in the CIS.

In Kazakhstan, balloon and dirigible exports expanded at an average annual rate of X.4% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X.4% per year.

Balloon And Dirigible Imports

Imports in CIS

In 2022, overseas purchases of balloons, dirigibles and other non-powered aircraft decreased by X% to X units, falling for the sixth consecutive year after three years of growth. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports shrank remarkably to $X in 2022. In general, imports, however, saw a measured expansion. The growth pace was the most rapid in 2014 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan prevails in imports structure, recording X units, which was near X% of total imports in 2022. The following importers - Belarus (X units) and Kyrgyzstan (X units) - each recorded a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest balloon and dirigible importing markets in the CIS were Kyrgyzstan ($X), Kazakhstan ($X) and Belarus ($X), together comprising X% of total imports.

Kyrgyzstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Kyrgyzstan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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