CIS: Gasket Market 2020

Gasket Market Size in CIS

The revenue of the gasket market in CIS amounted to $X in 2017, waning by -X% against the previous year. The gasket consumption continues to indicate a temperate contraction. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. Over the period under review, the gasket market reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Gasket Production in CIS

In 2017, the amount of gaskets and similar joints of metal sheeting produced in CIS stood at X units, standing approx. at the previous year. The gasket production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% year-to-year. The volume of gasket production peaked in 2017, and is expected to retain its growth in the near future.

Gasket Exports in CIS

In 2017, gasket exports in CIS amounted to X units, coming up by X% against the previous year. The gasket exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, gasket exports amounted to $X in 2017. The gasket exports continue to indicate a prominent expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Gasket Exports by Country in CIS

Russia was the key exporter of gaskets and similar joints of metal sheeting in CIS, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by Belarus (X units), committing X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Belarus (+X% per year).

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

From 2007 to 2017, the average annual rate of growth in terms of value in Russia totaled +X%.

Gasket Export Prices by Country in CIS

The gasket export price in CIS stood at $X per unit in 2017, coming down by -X% against the previous year. The gasket export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2014, an increase of X% y-o-y. The level of export price peaked of $X per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per unit), while Belarus ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (-X% per year).

Gasket Imports in CIS

In 2017, gasket imports in CIS stood at X units, going up by X% against the previous year. The gasket imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the gasket imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, gasket imports amounted to $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value 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 gasket imports increased by +X% against 2015 indices. Over the period under review, the gasket imports reached its peak figure level in 2017, and are likely to see steady growth in the near future.

Gasket Imports by Country in CIS

Russia dominates gasket imports structure, accounting for X units, which was approx. X% of total imports in 2017. Azerbaijan (X units) took the second position in the ranking, followed by Belarus (X units) and Kazakhstan (X units). All these countries together occupied approx. X% share of total imports. Moldova (X units) occupied the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to gasket imports into Russia stood at +X%. At the same time, Moldova (+X%), Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kazakhstan increased by X% percentage points, while Belarus (-X%), Azerbaijan (-X%) and Russia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported gaskets and similar joints of metal sheeting in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($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 stood at +X%. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Belarus (+X% per year).

Gasket Import Prices by Country in CIS

The gasket import price in CIS stood at $X per unit in 2017, remaining stable against the previous year. The gasket import price continues to indicate a moderate reduction. The pace of growth appeared the most rapid in 2016, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per unit), while Moldova ($X per unit) 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