CIS: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in CIS

The CIS chain scoops and sliders market skyrocketed to $X in 2022, surging by 33% against the previous year. In general, consumption enjoyed buoyant growth. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in CIS

In value terms, chain scoops and sliders production rose markedly to $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.8% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 62%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in CIS

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were exported in the CIS; increasing by 8.3% on 2021. In general, exports showed resilient growth. The growth pace was the most rapid in 2016 when exports increased by 164%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, chain scoops and sliders exports expanded rapidly to $X in 2022. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 135%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Belarus (X tons) and Russia (X tons) prevails in exports structure, together generating 97% of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +1,976.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest chain scoops and sliders supplying countries in the CIS were Russia ($X), Belarus ($X) and Uzbekistan ($X), with a combined 99% share of total exports.

Uzbekistan, with a CAGR of +4,027.7%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, approximately mirroring the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the export price increased by 46% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+98.8%), while the other leaders experienced a decline in the export price figures.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in CIS

In 2022, imports of chain scoops, sliders, runners, end pieces and narrow strips in the CIS rose rapidly to X tons, increasing by 5.3% compared with 2021. Over the period under review, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 81% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, chain scoops and sliders imports totaled $X in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) was the main importer of chain scoops, sliders, runners, end pieces and narrow strips, committing 72% of total imports. Kyrgyzstan (X tons) ranks second in terms of the total imports with a 15% share, followed by Belarus (6.9%). The following importers - Azerbaijan (X tons) and Uzbekistan (X tons) - each resulted at a 3.5% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chain scoops and sliders imports into Russia stood at +9.6%. At the same time, Kyrgyzstan (+82.1%), Azerbaijan (+82.1%), Uzbekistan (+35.4%) and Belarus (+13.8%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +82.1% from 2012-2022. From 2012 to 2022, the share of Kyrgyzstan, Azerbaijan and Uzbekistan increased by +15, +1.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in the CIS, comprising 62% of total imports. The second position in the ranking was held by Belarus ($X), with a 13% share of total imports. It was followed by Kyrgyzstan, with a 9.3% share.

In Russia, chain scoops and sliders imports expanded at an average annual rate of +4.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+12.2% per year) and Kyrgyzstan (+68.8% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when the import price increased by 23%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Uzbekistan ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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