CIS: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in CIS

In 2021, the CIS market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 62% to $X, rising for the second year in a row after two years of decline. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +67.9% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in CIS

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in CIS

In 2021, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in the CIS soared to X tons, increasing by 21% compared with 2020 figures. In general, exports posted strong growth. The growth pace was the most rapid in 2016 when exports increased by 51%. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2021. Over the period under review, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Russia (X tons) and Belarus (X tons), together finishing at 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +21.9%).

In value terms, Russia ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier in the CIS, comprising 87% of total exports. The second position in the ranking was taken by Belarus ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +19.1%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, jumping by 40% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-2.3%).

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in CIS

In 2021, overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 59% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 87% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. In general, imports, however, recorded a mild decline. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Russia represented the main importer of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in the CIS, with the volume of imports recording X tons, which was approx. 78% of total imports in 2021. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Belarus (X tons). All these countries together took approx. 19% share of total imports. Kazakhstan (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to internal combustion engine (excl. diesel, moto vehicle and aircraft) imports into Russia stood at +4.4%. At the same time, Uzbekistan (+165.9%), Kazakhstan (+14.7%) and Belarus (+6.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +165.9% from 2012-2021. While the share of Uzbekistan (+13 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-13.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in the CIS, comprising 76% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 19% share of total imports. It was followed by Belarus, with a 3.4% share.

In Russia, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) declined by an average annual rate of -3.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+278.8% per year) and Belarus (-4.5% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, growing by 16% against the previous year. Overall, the import price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when the import price increased by 32% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+42.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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