CIS: Metronome Market 2020

Metronome Market Size in CIS

The revenue of the metronome market in CIS amounted to $X in 2017, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The metronome consumption continues to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2010, when market value increased by X% y-o-y. In that year, the metronome market attained their peak level of $X. From 2011 to 2017, growth of the metronome market stood at a somewhat lower level.

Metronome Exports in CIS

In 2017, metronome exports in CIS stood at X units, rising by X% against the previous year. The total exports indicated a tangible increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metronome exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the metronome exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, metronome exports totaled $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metronome exports increased by +X% against 2014 indices. Over the period under review, the metronome exports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Metronome Exports by Country in CIS

Russia was the key exporting country with an export of around X units, which amounted to X% of total exports. Moldova (X units) took the second position in the ranking, distantly followed by Belarus (X units). All these countries together held near X% share of total exports. The following exporters - Kyrgyzstan (X units) and Armenia (X units) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to metronome exports from Russia stood at +X%. At the same time, Kyrgyzstan (+X%) and Moldova (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) and Armenia (-X%) illustrated a downward trend over the same period. Belarus (X%) and Armenia (X%) significantly strengthened its position in terms of the global exports, while Kyrgyzstan, Moldova and Russia saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest metronome supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Moldova, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Belarus (-X% per year) and Moldova (+X% per year).

Metronome Export Prices by Country in CIS

In 2017, the metronome export price in CIS amounted to $X per unit, falling by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014, an increase of X% y-o-y. In that year, the export prices for metronomes, tuning forks and pitch pipes attained their peak level of $X per unit. From 2015 to 2017, growth of the export prices for metronomes, tuning forks and pitch pipes stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Belarus ($X per unit), while Moldova ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

Metronome Imports in CIS

In 2017, approx. X units of metronomes, tuning forks and pitch pipes were imported in CIS; rising by X% against the previous year. The metronome imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when imports increased by X% year-to-year. In that year, the metronome imports attained their peak volume of X units. From 2013 to 2017, growth of the metronome imports failed to regain its momentum.

In value terms, metronome imports stood at $X in 2017. The metronome imports continue to indicate a strong growth. Over the period under review, the metronome imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Metronome Imports by Country in CIS

Russia prevails in metronome imports structure, recording X units, which was near X% of total imports in 2017. The following importers - Kazakhstan (X units), Belarus (X units) and Armenia (X units) together made up X% of total imports.

Russia experienced a relatively flat trend pattern of metronomes, tuning forks and pitch pipes imports. At the same time, Armenia (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Belarus and Kazakhstan experienced a relatively flat trend pattern. Armenia (-X%) and Russia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported metronomes, tuning forks and pitch pipes in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Metronome Import Prices by Country in CIS

The metronome import price in CIS stood at $X per unit in 2017, surging by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metronome import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belarus ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform