CIS: Gearbox Market 2020

Gearbox Market Size in CIS

The revenue of the gearbox market in CIS amounted to $X in 2017, picking up by X% against the previous year. The gearbox consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. In that year, the gearbox market attained their peak level of $X. From 2016 to 2017, growth of the gearbox market stood at a somewhat lower level.

Gearbox Production in CIS

The gearbox production totaled X units in 2017, standing approx. at the previous year. The gearbox production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The volume of gearbox production peaked in 2017, and is likely to see steady growth in the immediate term.

Gearbox Exports in CIS

In 2017, gearbox exports in CIS amounted to X units, coming up by X% against the previous year. The gearbox exports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The volume of exports peaked of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, gearbox exports stood at $X in 2017. The gearbox exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Gearbox Exports by Country in CIS

In 2017, Belarus (X units) was the key exporter for gear boxes for stationary equipment, spur and helical gear boxes, achieving X% of total exports. It was distantly followed by Russia (X units), constituting X% share of total exports. Kazakhstan (X units) took the weak 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), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest gearbox supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($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%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Kazakhstan (-X% per year).

Gearbox Export Prices by Country in CIS

In 2017, the gearbox export price in CIS amounted to $X per unit, rising by X% against the previous year. The gearbox export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% y-o-y. In that year, the export prices for gear boxes for stationary equipment, spur and helical gear boxes attained their peak level of $X thousand per unit. From 2016 to 2017, growth of the export prices for gear boxes for stationary equipment, spur and helical gear boxes stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Russia ($X thousand per unit), while Belarus ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

Gearbox Imports in CIS

In 2017, the amount of gear boxes for stationary equipment, spur and helical gear boxes imported in CIS totaled X units, jumping by X% against the previous year. The gearbox imports continue to indicate a strong growth. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the gearbox imports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, gearbox imports stood at $X in 2017. The total imports indicated a strong 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 gearbox imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Gearbox Imports by Country in CIS

Russia prevails in gearbox imports structure, accounting for X units, which was near X% of total imports in 2017. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together creating X% share of total imports. Azerbaijan (X units) held the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to gearbox imports into Russia stood at +X%. At the same time, Azerbaijan (+X%), Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. While the share of Azerbaijan (-X%), Belarus (-X%), Kazakhstan (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported gear boxes for stationary equipment, spur and helical gear boxes in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, gearbox imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (-X% per year).

Gearbox Import Prices by Country in CIS

The gearbox import price in CIS stood at $X per unit in 2017, lowering by -X% against the previous year. The gearbox import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the import prices for gear boxes for stationary equipment, spur and helical gear boxes reached their peak level of $X per unit. From 2009 to 2017, growth of the import prices for gear boxes for stationary equipment, spur and helical gear boxes failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per unit), while Belarus ($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