CIS: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in CIS

The CIS meat-preparation industrial machinery market surged to $X in 2022, jumping by 24% against the previous year. Overall, consumption enjoyed a noticeable expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Production in CIS

In value terms, meat-preparation industrial machinery production stood at $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Meat-Preparation Industrial Machinery Exports

Exports in CIS

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry increased by 4.7% to X units, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 65%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, meat-preparation industrial machinery exports contracted to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.4% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 41% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Belarus (X units) represented the major exporter of industrial machinery for the preparation of meat or poultry, creating 67% of total exports. It was distantly followed by Russia (X units), mixing up a 32% share of total exports.

Exports from Belarus increased at an average annual rate of +4.5% from 2012 to 2022. At the same time, Russia (+37.4%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +37.4% from 2012-2022. From 2012 to 2022, the share of Russia increased by +29 percentage points.

In value terms, the largest meat-preparation industrial machinery supplying countries in the CIS were Belarus ($X) and Russia ($X).

Russia, with a CAGR of +12.1%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, shrinking by -4.9% against the previous year. In general, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when the export price increased by 10% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-5.5%).

Meat-Preparation Industrial Machinery Imports

Imports in CIS

After two years of decline, supplies from abroad of industrial machinery for the preparation of meat or poultry increased by 32% to X units in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 69%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, meat-preparation industrial machinery imports skyrocketed to $X in 2022. Overall, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 102% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan (X units) and Russia (X units) dominates imports structure, together mixing up 83% of total imports. It was distantly followed by Kyrgyzstan (X units), achieving a 7.4% share of total imports. Uzbekistan (X units) and Belarus (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kyrgyzstan (with a CAGR of +38.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry in the CIS, comprising 70% of total imports. The second position in the ranking was taken by Belarus ($X), with an 11% share of total imports. It was followed by Kazakhstan, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to -7.0%. In the other countries, the average annual rates were as follows: Belarus (+0.9% per year) and Kazakhstan (+7.3% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, rising by 10% against the previous year. Over the period under review, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by 62% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :