CIS: Dairy Machinery Market 2024

Dairy Machinery Market Size in CIS

The CIS dairy machinery market reached $X in 2022, approximately mirroring the previous year. Over the period under review, consumption saw a moderate increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Dairy Machinery Production in CIS

In value terms, dairy machinery production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Dairy Machinery Exports

Exports in CIS

In 2022, exports of dairy machinery in the CIS surged to X units, picking up by 31% against 2021 figures. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 164% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, dairy machinery exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 330% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, reaching X units, which was approx. 97% of total exports in 2022. Belarus (X units) took a relatively small share of total exports.

Russia was also the fastest-growing in terms of the dairy machinery exports, with a CAGR of +19.9% from 2012 to 2022. At the same time, Belarus (+10.5%) displayed positive paces of growth. Russia (+7.1 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -2.1% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest dairy machinery supplier in the CIS, comprising 92% of total exports. The second position in the ranking was held by Belarus ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, reducing by -37.2% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 63%. The level of export peaked at $X per unit in 2012; however, from 2013 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 Belarus ($X per unit), while Russia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-3.6%).

Dairy Machinery Imports

Imports in CIS

Dairy machinery imports skyrocketed to X units in 2022, growing by 27% compared with the previous year's figure. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 63%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dairy machinery imports expanded rapidly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 67%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) was the main importer of dairy machinery, generating 72% of total imports. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together generating a 17% share of total imports. Uzbekistan (X units), Azerbaijan (X units) and Armenia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dairy machinery imports into Russia stood at +8.6%. At the same time, Armenia (+17.9%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of +17.9% from 2012-2022. By contrast, Kazakhstan (-3.2%), Azerbaijan (-4.8%), Belarus (-9.1%) and Uzbekistan (-20.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Uzbekistan and Armenia increased by +31, +4.2 and +1.5 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported dairy machinery in the CIS, comprising 72% of total imports. The second position in the ranking was held by Belarus ($X), with a 17% share of total imports. It was followed by Uzbekistan, with a 5.3% share.

In Russia, dairy machinery imports expanded at an average annual rate of +7.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (-8.7% per year) and Uzbekistan (-19.3% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, reducing by -12.5% against the previous year. Overall, the import price continues to indicate a slight descent. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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