CIS: Electric Racing Set Market 2020

Electric Racing Set Market Size in CIS

The revenue of the electric racing set market in CIS amounted to $X in 2017, coming up by X% against the previous year. The electric racing set consumption continues to indicate a prominent increase. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. In that year, the electric racing set market attained their peak level of $X. From 2011 to 2017, growth of the electric racing set market stood at a somewhat lower level.

Electric Racing Set Production in CIS

In 2017, approx. X units of electric car racing sets were produced in CIS; waning by -X% against the previous year. The electric racing set production continues to indicate a drastic decline. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the electric racing set production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Electric Racing Set Exports in CIS

In 2017, the amount of electric car racing sets exported in CIS stood at X units, picking up by X% against the previous year. The electric racing set exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2011, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, electric racing set exports totaled $X in 2017. The electric racing set exports continue to indicate a remarkable growth. Over the period under review, the electric racing set exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electric Racing Set Exports by Country in CIS

Russia represented the key exporter of electric car racing sets in CIS, with the volume of exports accounting for X units, which was near X% of total exports in 2017. Belarus (X units) took the second position in the ranking, followed by Kazakhstan (X units). All these countries together took approx. X% share of total exports. Moldova (X units) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%), Kazakhstan (+X%) and Moldova (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. Kazakhstan (-X%), Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest electric racing set supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (+X% per year).

Electric Racing Set Export Prices by Country in CIS

In 2017, the electric racing set export price in CIS amounted to $X per unit, coming down by -X% against the previous year. The electric racing set export price continues to indicate a deep downturn. The growth pace was the most rapid in 2010, an increase of X% year-to-year. Over the period under review, the export prices for electric car racing sets reached its maximum level of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Moldova ($X per unit) and Belarus ($X per unit), while Kazakhstan ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (-X% per year), while the other leaders experienced a decline in the export price figures.

Electric Racing Set Imports in CIS

In 2017, the amount of electric car racing sets imported in CIS amounted to X units, rising by X% against the previous year. The total imports indicated a modest growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric racing set imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, electric racing set imports stood at $X in 2017. The electric racing set imports continue to indicate a modest expansion. Over the period under review, the electric racing set imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Electric Racing Set Imports by Country in CIS

Russia prevails in electric racing set imports structure, accounting for X units, which was near X% of total imports in 2017. The following importers - Kazakhstan (X units) and Belarus (X units) each amounted to a X% share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Russia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electric car racing sets in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (+X% per year).

Electric Racing Set Import Prices by Country in CIS

In 2017, the electric racing set import price in CIS amounted to $X per thousand units, dropping by -X% against the previous year. The electric racing set import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when the import prices increased by X% year-to-year. Over the period under review, the import prices for electric car racing sets reached its maximum level of $X per thousand units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform