CIS: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in CIS

The CIS market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process reduced to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, enjoyed a mild expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in CIS

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process fell sharply to $X in 2022 estimated in export price. In general, production showed a slight contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in CIS

In 2022, after two years of growth, there was significant decline in overseas shipments of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, when their volume decreased by X% to X units. In general, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then reduced markedly in the following year.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process contracted to $X in 2022. Over the period under review, exports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia was the key exporting country with an export of around X units, which accounted for X% of total exports. Belarus (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Armenia (X%) and Moldova (X%). Kazakhstan (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to machinery for material treatment by heating or cooling process exports from Russia stood at X%. At the same time, Armenia (X%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Moldova (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Armenia and Kazakhstan increased by X, X and X percentage points, respectively.

In value terms, Russia ($X) remains the largest machinery for material treatment by heating or cooling process supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

In Russia, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, recorded a perceptible decline. Over the period under review, the export prices attained the maximum at $X per unit in 2019; however, from 2020 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 Moldova ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced more modest paces of growth.

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in CIS

In 2022, after two years of growth, there was significant decline in purchases abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, when their volume decreased by X% to X units. Overall, imports, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process reached $X in 2022. Over the period under review, imports, however, showed modest growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Russia dominates process structure, recording X units, which was near X% of total imports in 2022. The following importers - Kazakhstan (X units), Uzbekistan (X units) and Azerbaijan (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to machinery for material treatment by heating or cooling process imports into Russia stood at X%. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Azerbaijan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Uzbekistan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 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 ($X per unit), while Azerbaijan ($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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