CIS: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in CIS

In 2022, after three years of growth, there was significant decline in the CIS market for mechanical appliances for projecting, dispersing or spraying, when its value decreased by -14.2% to $X. Overall, consumption posted a remarkable increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in CIS

In value terms, production of mechanical appliances for projecting, dispersing or spraying skyrocketed to $X in 2022 estimated in export price. Overall, production posted resilient growth. The growth pace was the most rapid in 2015 when the production volume increased by 255%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in CIS

In 2022, approx. X units of mechanical appliances for projecting, dispersing or spraying were exported in the CIS; increasing by 13% compared with 2021. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 76% against the previous year. Over the period under review, the exports of hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying contracted sharply to $X in 2022. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 411%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

In 2022, Belarus (X units) and Russia (X units) represented the main exporters of mechanical appliances for projecting, dispersing or spraying in the CIS, together resulting at approx. 76% of total exports. It was distantly followed by Kazakhstan (X units), mixing up a 23% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kazakhstan (with a CAGR of +35.3%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest mechanical appliances for projecting, dispersing or spraying supplier in the CIS, comprising 79% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled +19.5%. In the other countries, the average annual rates were as follows: Kazakhstan (+21.9% per year) and Belarus (+14.8% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, shrinking by -37.8% against the previous year. In general, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when the export price increased by 234% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($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 (+15.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in CIS

In 2022, supplies from abroad of mechanical appliances for projecting, dispersing or spraying increased by 2.6% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports recorded notable growth. The most prominent rate of growth was recorded in 2017 with an increase of 72% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying declined modestly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 75% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates spraying structure, accounting for X units, which was approx. 70% of total imports in 2022. Azerbaijan (X units) held an 8.9% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (8.1%) and Kazakhstan (5.5%). The following importers - Uzbekistan (X units) and Kyrgyzstan (X units) - together made up 6.4% of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of mechanical appliances for projecting, dispersing or spraying. At the same time, Azerbaijan (+24.1%), Kyrgyzstan (+19.7%), Kazakhstan (+8.1%) and Belarus (+2.4%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +24.1% from 2012-2022. By contrast, Uzbekistan (-9.9%) illustrated a downward trend over the same period. Azerbaijan (+7.7 p.p.), Uzbekistan (+4 p.p.), Kazakhstan (+2.4 p.p.) and Kyrgyzstan (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -16.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in the CIS, comprising 75% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an 8.1% share of total imports. It was followed by Uzbekistan, with a 6.7% share.

In Russia, imports of mechanical appliances for projecting, dispersing or spraying declined by an average annual rate of -1.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (+8.5% per year) and Uzbekistan (-8.7% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, which is down by -5.7% against the previous year. Overall, the import price saw a slight reduction. The growth pace was the most rapid in 2020 when the import price increased by 16% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Azerbaijan ($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 (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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