CIS: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in CIS

After two years of decline, the CIS bitumen mixer market increased by 36% to $X in 2021. In general, consumption, however, showed a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bitumen Mixer Production in CIS

In value terms, bitumen mixer production dropped sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of 85% against the previous year. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Bitumen Mixer Exports

Exports in CIS

In 2021, overseas shipments of machines for mixing mineral substances with bitumen increased by 89% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 169%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, bitumen mixer exports contracted remarkably to $X in 2021. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 90%. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped notably in the following year.

Exports by Country

Kazakhstan dominates exports structure, resulting at X units, which was near 88% of total exports in 2021. Russia (X units) ranks second in terms of the total exports with a 6.1% share, followed by Belarus (5.5%).

Kazakhstan was also the fastest-growing in terms of the machines for mixing mineral substances with bitumen exports, with a CAGR of +71.1% from 2012 to 2021. At the same time, Russia (+27.1%) displayed positive paces of growth. By contrast, Belarus (-8.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan increased by +83 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest bitumen mixer supplier in the CIS, comprising 60% of total exports. The second position in the ranking was held by Belarus ($X), with an 18% share of total exports.

In Kazakhstan, bitumen mixer exports increased at an average annual rate of +17.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-6.6% per year) and Russia (+20.9% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, dropping by -76.7% against the previous year. Over the period under review, the export price faced a deep downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 66%. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+1.7%), while the other leaders experienced a decline in the export price figures.

Bitumen Mixer Imports

Imports in CIS

In 2021, supplies from abroad of machines for mixing mineral substances with bitumen decreased by -17.8% to X units, falling for the second year in a row after three years of growth. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 196% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, bitumen mixer imports dropped markedly to $X in 2021. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by 79% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X units), distantly followed by Kazakhstan (X units), Belarus (X units), Uzbekistan (X units) and Armenia (X units) represented the main importers of machines for mixing mineral substances with bitumen, together generating 94% of total imports. The following importers - Azerbaijan (X units) and Moldova (X units) - each reached a 4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +50.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported machines for mixing mineral substances with bitumen in the CIS, comprising 54% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 13% share of total imports. It was followed by Uzbekistan, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -14.0%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-2.9% per year) and Uzbekistan (+25.7% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, flattening at the previous year. In general, the import price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2013 when the import price increased by 55%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Azerbaijan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+39.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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