CIS: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in CIS

In 2022, the CIS sugar-manufacturing industrial machinery market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a pronounced decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Production in CIS

In value terms, sugar-manufacturing industrial machinery production totaled $X in 2022 estimated in export price. Overall, production saw a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of 25%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports in CIS

Sugar-manufacturing industrial machinery exports declined remarkably to X units in 2022, which is down by -46.9% compared with 2021. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 1,465%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery exports reduced markedly to $X in 2022. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 1,923%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus prevails in exports structure, resulting at X units, which was approx. 96% of total exports in 2022. Russia (X units) held a minor share of total exports.

Belarus was also the fastest-growing in terms of the industrial machinery for the manufacture or preparation of sugar exports, with a CAGR of +31.9% from 2012 to 2022. Russia (-27.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus increased by +95 percentage points.

In value terms, Belarus ($X) remains the largest sugar-manufacturing industrial machinery supplier in the CIS, comprising 68% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports.

In Belarus, sugar-manufacturing industrial machinery exports expanded at an average annual rate of +53.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, approximately equating the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 when the export price increased by 71%. The level of export peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+24.8%).

Sugar-Manufacturing Industrial Machinery Imports

Imports in CIS

In 2022, purchases abroad of industrial machinery for the manufacture or preparation of sugar was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 98% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery imports soared to $X in 2022. Over the period under review, imports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 77% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the major importer of industrial machinery for the manufacture or preparation of sugar in the CIS, with the volume of imports recording X units, which was near 56% of total imports in 2022. Moldova (X units) held the second position in the ranking, followed by Uzbekistan (X units), Belarus (X units) and Armenia (X units). All these countries together held near 40% share of total imports. Kazakhstan (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sugar-manufacturing industrial machinery imports into Russia stood at -10.4%. At the same time, Uzbekistan (+71.5%), Armenia (+34.2%), Kazakhstan (+26.6%), Moldova (+10.0%) and Belarus (+3.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +71.5% from 2012-2022. Uzbekistan (+12 p.p.), Moldova (+9.8 p.p.), Belarus (+7 p.p.), Armenia (+5.1 p.p.) and Kazakhstan (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -33.5% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of sugar in the CIS, comprising 74% of total imports. The second position in the ranking was held by Belarus ($X), with a 14% share of total imports. It was followed by Moldova, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to -3.1%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+0.8% per year) and Moldova (+12.4% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, surging by 15% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar-manufacturing industrial machinery import price decreased by -20.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 88%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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