CIS: Axial Piston Market 2020

Axial Piston Market Size in CIS

The revenue of the axial piston market in CIS amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a modest 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. The pace of growth was the most pronounced in 2017, when market value increased by X% against the previous year. The level of axial piston consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Axial Piston Production in CIS

The axial piston production stood at X units in 2017, coming down by -X% against the previous year. The axial piston production continues to indicate an abrupt downturn. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. In that year, the axial piston production attained their peak volume of X units. From 2009 to 2017, growth of the axial piston production failed to regain its momentum.

Axial Piston Exports in CIS

In 2017, approx. X units of hydraulic pumps (axial piston) were exported in CIS; increasing by X% against the previous year. The total exports indicated a temperate increase from 2007 to 2017: its volume 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 axial piston exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. In that year, the axial piston exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, axial piston exports amounted to $X in 2017. The total exports indicated a tangible expansion 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. In that year, the axial piston exports reached their peak level, and are likely to continue its growth in the immediate term.

Axial Piston Exports by Country in CIS

Russia was the main exporter of hydraulic pumps (axial piston) 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), creating X% share of total exports.

Russia experienced a relatively flat trend pattern of hydraulic pumps (axial piston) exports. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Russia and Belarus decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, axial piston exports expanded at an average annual rate of +X% over the period from 2007-2017.

Axial Piston Export Prices by Country in CIS

The axial piston export price in CIS stood at $X per unit in 2017, jumping by X% against the previous year. The axial piston export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Over the period under review, the export prices for hydraulic pumps (axial piston) reached its maximum level of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

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 unit) was amongst the lowest.

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

Axial Piston Imports in CIS

In 2017, the amount of hydraulic pumps (axial piston) imported in CIS stood at X units, waning by -X% against the previous year. The axial piston imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. In that year, the axial piston imports attained their peak volume of X units, and then declined slightly in the following year.

In value terms, axial piston imports totaled $X in 2017. The total imports indicated a prominent increase 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. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Axial Piston Imports by Country in CIS

Russia dominates axial piston imports structure, amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Belarus (X units), constituting X% share of total imports. Azerbaijan (X units), Moldova (X units) and Kazakhstan (X units) took the slight share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%), Azerbaijan (+X%), Kazakhstan (+X%) and Moldova (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Azerbaijan (-X%), Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hydraulic pumps (axial piston) in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

In Russia, axial piston 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: Belarus (+X% per year) and Kazakhstan (-X% per year).

Axial Piston Import Prices by Country in CIS

The axial piston import price in CIS stood at $X per unit in 2017, surging by X% against the previous year. The axial piston import price continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2007; however, from 2008 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 thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Moldova (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform