CIS: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in CIS

The CIS metal broaching machine market dropped sharply to $X in 2021, shrinking by -42.5% against the previous year. Over the period under review, consumption continues to indicate a deep setback. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Metal Broaching Machine Production in CIS

In value terms, metal broaching machine production contracted dramatically to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 3,797% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Metal Broaching Machine Exports

Exports in CIS

After two years of growth, shipments abroad of broaching machines for working metal decreased by -7.7% to X units in 2021. Over the period under review, exports showed a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 117% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, metal broaching machine exports dropped rapidly to $X in 2021. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 130%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Belarus (X units) was the main exporter of broaching machines for working metal, making up 58% of total exports. Russia (X units) ranks second in terms of the total exports with a 25% share, followed by Armenia (17%).

Exports from Belarus decreased at an average annual rate of -2.8% from 2012 to 2021. Armenia experienced a relatively flat trend pattern. Russia (-3.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Armenia increased by +3.3 percentage points.

In value terms, Belarus ($X) remains the largest metal broaching machine supplier in the CIS, comprising 85% of total exports. The second position in the ranking was taken by Russia ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belarus amounted to -12.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-10.5% per year) and Armenia (+8.4% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, waning by -39.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 an increase of 34% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+8.4%), while the other leaders experienced a decline in the export price figures.

Metal Broaching Machine Imports

Imports in CIS

In 2021, purchases abroad of broaching machines for working metal increased by 2.1% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 382%. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal broaching machine imports reduced markedly to $X in 2021. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 1,198%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Russia represented the key importing country with an import of about X units, which finished at 57% of total imports. It was distantly followed by Belarus (X units), constituting a 36% share of total imports. The following importers - Uzbekistan (X units) and Kazakhstan (X units) - together made up 5.3% of total imports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +73.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported broaching machines for working metal in the CIS, comprising 96% of total imports. The second position in the ranking was held by Belarus ($X), with a 2.1% share of total imports. It was followed by Uzbekistan, with a 1% share.

In Russia, metal broaching machine imports plunged by an average annual rate of -13.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-8.8% per year) and Uzbekistan (+35.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, with a decrease of -71.1% against the previous year. In general, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2014 an increase of 169%. Over the period under review, import prices hit record highs at $X per unit in 2020, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+10.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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