CIS: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in CIS

The CIS market for instrument panel and wall clocks dropped dramatically to $X in 2020, reducing by -X% against the previous year. In general, consumption saw a drastic downturn. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Production of Instrument Panel And Wall Clocks in CIS

In value terms, instrument panel and wall clock production expanded notably to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Production By Country in CIS

Russia (X tons) remains the largest instrument panel and wall clock producing country in the CIS, comprising approx. X% of total volume. Moreover, instrument panel and wall clock production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold. The third position in this ranking was occupied by Belarus (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Russia totaled -X%. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (+X% per year) and Belarus (-X% per year).

Exports of Instrument Panel And Wall Clocks

Exports in CIS

In 2020, overseas shipments of instrument panel and wall clocks decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. Overall, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019, and then shrank notably in the following year.

In value terms, instrument panel and wall clock exports shrank markedly to $X in 2020. Over the period under review, exports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2019, and then contracted rapidly in the following year.

Exports by Country

Russia prevails in instrument panel and wall clock exports structure, recording X tons, which was near X% of total exports in 2020. It was distantly followed by Uzbekistan (X tons), generating a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock exports from Russia stood at +X%. At the same time, Uzbekistan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2020. Russia (+X p.p.) and Uzbekistan (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest instrument panel and wall clock supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Russia totaled +X%.

Export Prices by Country

In 2020, the export price for instrument panel and wall clocks in the CIS amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price faced a abrupt descent. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, export prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Russia ($X per ton), while Uzbekistan amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Imports of Instrument Panel And Wall Clocks

Imports in CIS

After two years of growth, supplies from abroad of instrument panel and wall clocks decreased by -X% to X tons in 2020. Over the period under review, imports faced a sharp setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports reduced markedly to $X in 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Russia prevails in instrument panel and wall clock imports structure, amounting to X tons, which was approx. X% of total imports in 2020. It was distantly followed by Kazakhstan (X tons) and Azerbaijan (X tons), together generating a X% share of total imports. Armenia (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock imports into Russia stood at +X%. At the same time, Azerbaijan (+X%) and Armenia (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2020. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.), Kazakhstan (+X p.p.), Azerbaijan (+X p.p.) and Armenia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported instrument panel and wall clocks in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Azerbaijan (+X% per year).

Import Prices by Country

In 2020, the import price for instrument panel and wall clocks in the CIS amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Kazakhstan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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