CIS: Ironing Machine Market 2022

Ironing Machine Market Size in CIS

The CIS ironing machine market rose notably to $X in 2021, surging by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Ironing Machine Production in CIS

In value terms, ironing machine production reduced dramatically to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Ironing Machine Exports

Exports in CIS

In 2021, shipments abroad of ironing machines and presses decreased by -X% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, ironing machine exports soared to $X in 2021. Total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus was the key exporter of ironing machines and presses in the CIS, with the volume of exports reaching X units, which was approx. X% of total exports in 2021. It was distantly followed by Russia (X units), making up a X% share of total exports.

Belarus was also the fastest-growing in terms of the ironing machines and presses exports, with a CAGR of +X% from 2012 to 2021. Russia experienced a relatively flat trend pattern. While the share of Belarus (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-X p.p.) displayed negative dynamics.

In value terms, the largest ironing machine supplying countries in the CIS were Russia ($X) and Belarus ($X terms of the main exporting countries, Belarus, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

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

Ironing Machine Imports

Imports in CIS

In 2021, ironing machine imports in the CIS soared to X units, with an increase of X% on 2020. In general, imports showed a measured expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ironing machine imports rose significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Uzbekistan (X units) and Russia (X units) represented roughly X% of total imports in 2021. It was distantly followed by Kazakhstan (X units), Belarus (X units) and Kyrgyzstan (X units), together achieving a X% share of total imports.

From 2012 to 2021, the biggest increases were in Kyrgyzstan (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Uzbekistan ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, which is down by -X% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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