CIS: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in CIS

The CIS hand-operated air pump market rose slightly to $X in 2022, picking up by 3.9% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Hand-Operated Air Pump Production in CIS

In value terms, hand-operated air pump production soared to $X in 2022 estimated in export price. Overall, production posted measured growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 118% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Hand-Operated Air Pump Exports

Exports in CIS

In 2022, approx. X units of hand or foot-operated air pumps were exported in the CIS; increasing by 7% against the previous year. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 224% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, hand-operated air pump exports dropped to $X in 2022. Overall, exports showed a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 104%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of hand or foot-operated air pumps, namely Armenia, Belarus and Russia, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +114.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest hand-operated air pump supplier in the CIS, comprising 71% of total exports. The second position in the ranking was held by Belarus ($X), with a 22% share of total exports.

In Russia, hand-operated air pump exports increased at an average annual rate of +8.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+2.7% per year) and Armenia (+98.0% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with a decrease of -11.3% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2013 when the export price increased by 59% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Armenia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (-8.1%), while the other leaders experienced a decline in the export price figures.

Hand-Operated Air Pump Imports

Imports in CIS

In 2022, the amount of hand or foot-operated air pumps imported in the CIS contracted to X units, which is down by -5.5% against 2021 figures. Overall, imports showed a noticeable curtailment. The growth pace was the most rapid in 2017 with an increase of 46%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hand-operated air pump imports shrank to $X in 2022. Over the period under review, imports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 when imports increased by 32%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, accounting for X units, which was approx. 81% of total imports in 2022. Belarus (X units) held the second position in the ranking, followed by Kyrgyzstan (X units). All these countries together took near 13% share of total imports. Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hand-operated air pump imports into Russia stood at -3.6%. At the same time, Kyrgyzstan (+59.6%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +59.6% from 2012-2022. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (-3.9%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+5.3 p.p.) and Belarus (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hand or foot-operated air pumps in the CIS, comprising 69% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports. It was followed by Belarus, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled -5.1%. In the other countries, the average annual rates were as follows: Kazakhstan (+2.9% per year) and Belarus (-4.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, which is down by -7.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 22%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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