CIS: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in CIS

The CIS dry-cleaning machine market expanded rapidly to $X in 2021, picking up by 13% against the previous year. Overall, consumption saw a deep reduction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Dry-Cleaning Machine Production in CIS

In value terms, dry-cleaning machine production fell sharply to $X in 2021 estimated in export price. In general, production showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 137% against the previous year. The level of production peaked at $X in 2020, and then fell dramatically in the following year.

Dry-Cleaning Machine Exports

Exports in CIS

In 2021, dry-cleaning machine exports in the CIS soared to X units, picking up by 25% on the previous year. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 125%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, dry-cleaning machine exports shrank modestly to $X in 2021. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 217%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Belarus (X units) and Russia (X units) were the main exporters of dry-cleaning machines in the CIS, together generating 80% of total exports. It was distantly followed by Moldova (X units), mixing up a 20% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +10.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest dry-cleaning machine supplier in the CIS, comprising 78% of total exports. The second position in the ranking was taken by Belarus ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -7.0%. In the other countries, the average annual rates were as follows: Belarus (+25.0% per year) and Moldova (+0.1% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, with a decrease of -20% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by 58% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.6%), while the other leaders experienced more modest paces of growth.

Dry-Cleaning Machine Imports

Imports in CIS

In 2021, supplies from abroad of dry-cleaning machines decreased by -12% to X units, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 123% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, dry-cleaning machine imports expanded remarkably to $X in 2021. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by 68%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the main importer of dry-cleaning machines in the CIS, with the volume of imports recording X units, which was near 44% of total imports in 2021. Kazakhstan (X units) ranks second in terms of the total imports with a 19% share, followed by Azerbaijan (14%), Uzbekistan (10%) and Moldova (5.9%). The following importers - Belarus (X units) and Kyrgyzstan (X units) - each accounted for a 5.9% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dry-cleaning machine imports into Russia stood at -10.3%. At the same time, Moldova (+19.6%) and Azerbaijan (+3.4%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +19.6% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (-2.0%), Belarus (-7.4%) and Uzbekistan (-19.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan, Kazakhstan, Azerbaijan and Moldova increased by +10, +7.6, +7.4 and +5.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dry-cleaning machines in the CIS, comprising 52% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total imports. It was followed by Uzbekistan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled -13.7%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+1.5% per year) and Uzbekistan (+3.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, picking up by 21% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2020 when the import price increased by 41% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+28.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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