CIS: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in CIS

The CIS gravure printing machinery market shrank notably to $X in 2022, waning by -62.4% against the previous year. Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Gravure Printing Machinery Production in CIS

In value terms, gravure printing machinery production soared to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The growth pace was the most rapid in 2013 when the production volume increased by 226%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Gravure Printing Machinery Exports

Exports in CIS

In 2022, the amount of gravure printing machinery exported in the CIS surged to X units, with an increase of 50% against 2021. Over the period under review, exports showed a temperate increase. The growth pace was the most rapid in 2016 when exports increased by 133%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravure printing machinery exports skyrocketed to $X in 2022. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,268%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X units) represented the largest exporter of gravure printing machinery, achieving 50% of total exports. Belarus (X units) ranks second in terms of the total exports with a 33% share, followed by Azerbaijan (17%).

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Russia ($X) remains the largest gravure printing machinery supplier in the CIS, comprising 89% of total exports. The second position in the ranking was held by Belarus ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at -8.7%. In the other countries, the average annual rates were as follows: Belarus (-4.6% per year) and Azerbaijan (0.0% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, which is down by -21.6% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 when the export price increased by 877% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.3%).

Gravure Printing Machinery Imports

Imports in CIS

In 2022, approx. X units of gravure printing machinery were imported in the CIS; which is down by -51.2% compared with 2021. Overall, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2018 with an increase of 158%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, gravure printing machinery imports surged to $X in 2022. In general, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2016 when imports increased by 377% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) represented the main importer of gravure printing machinery, constituting 44% of total imports. Uzbekistan (X units) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Azerbaijan (15%), Kazakhstan (8.7%) and Belarus (4.9%). The following importers - Armenia (X units) and Kyrgyzstan (X units) - each reached a 3.9% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Azerbaijan (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported gravure printing machinery in the CIS, comprising 67% of total imports. The second position in the ranking was taken by Armenia ($X), with a 20% share of total imports. It was followed by Uzbekistan, with a 7.8% share.

In Russia, gravure printing machinery imports shrank by an average annual rate of -5.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Armenia (+43.2% per year) and Uzbekistan (+0.0% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, rising by 138% against the previous year. Over the period under review, the import price recorded mild growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+51.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :