CIS: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in CIS

The CIS market for electric generating sets and rotary converters dropped to $X in 2020, approximately mirroring the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Production of Electric Generating Sets And Rotary Converters in CIS

In value terms, production of electric generating sets and rotary converters expanded rapidly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Production By Country in CIS

The country with the largest volume of production of electric generating sets and rotary converters was Russia (X units), comprising approx. X% of total volume. Moreover, production of electric generating sets and rotary converters in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X units), ninefold.

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

Exports of Electric Generating Sets And Rotary Converters

Exports in CIS

Exports of electric generating sets and rotary converters skyrocketed to X units in 2020, picking up by X% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. As a result, exports attained the peak of X units. from 2017 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters expanded remarkably to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Russia dominates exports of electric generating sets and rotary converters structure, accounting for X units, which was approx. X% of total exports in 2020. Belarus (X units) and Kazakhstan (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to electric generating set and rotary converter exports from Russia stood at +X%. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported 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.) and Belarus (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest electric generating set and rotary converter supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

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

Export Prices by Country

The export price for electric generating sets and rotary converters in the CIS stood at $X per unit in 2020, falling by -X% against the previous year. Over the period under review, the export price showed a mild decrease. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kazakhstan ($X per unit), while Russia ($X per unit) 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 mixed trends in the export price figures.

Imports of Electric Generating Sets And Rotary Converters

Imports in CIS

In 2020, overseas purchases of electric generating sets and rotary converters decreased by -X% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, saw pronounced growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The volume of import peaked at X units in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, imports of electric generating sets and rotary converters expanded notably to $X in 2020. Overall, imports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

Russia prevails in imports of electric generating sets and rotary converters structure, amounting to X units, which was near X% of total imports in 2020. It was distantly followed by Kazakhstan (X units), comprising a X% share of total imports.

Russia was also the fastest-growing in terms of the electric generating sets and rotary converters imports, with a CAGR of +X% from 2007 to 2020. Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Russia increased by +X% percentage points, while Kazakhstan (-X p.p.) saw their share reduced.

In value terms, Russia ($X) constitutes the largest market for imported electric generating sets and rotary converters in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Russia was relatively modest.

Import Prices by Country

The import price for electric generating sets and rotary converters in the CIS stood at $X per unit in 2020, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. from 2010 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was Russia ($X per unit), while Kazakhstan amounted to $X per unit.

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

Source: IndexBox Platform

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