CIS: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in CIS

The CIS mobile lifting frame market totaled $X in 2021, with an increase of 4.6% against the previous year. Over the period under review, consumption saw a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mobile Lifting Frame Production in CIS

In value terms, mobile lifting frame production reduced modestly to $X in 2021 estimated in export price. In general, production recorded a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 7.5%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Mobile Lifting Frame Exports

Exports in CIS

After three years of decline, shipments abroad of mobile lifting frames on tyres and straddle carriers increased by 12% to X units in 2021. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 54%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, mobile lifting frame exports contracted to $X in 2021. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 41%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) and Belarus (X units) represented roughly 99% of total exports in 2021.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +9.0%).

In value terms, Belarus ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2021.

Russia, with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, declining by -16.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 47%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.4%).

Mobile Lifting Frame Imports

Imports in CIS

In 2021, mobile lifting frame imports in the CIS shrank to X units, with a decrease of -11% compared with the previous year. In general, imports showed a deep contraction. The growth pace was the most rapid in 2017 with an increase of 392%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mobile lifting frame imports surged to $X in 2021. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2017 when imports increased by 346% against the previous year. Over the period under review, imports 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 largest importing country with an import of about X units, which accounted for 59% of total imports. It was distantly followed by Belarus (X units), constituting a 27% share of total imports. The following importers - Kazakhstan (X units), Armenia (X units) and Azerbaijan (X units) - each resulted at a 12% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to mobile lifting frame imports into Russia stood at -22.7%. At the same time, Belarus (+33.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +33.1% from 2012-2021. Azerbaijan experienced a relatively flat trend pattern. By contrast, Armenia (-12.2%) and Kazakhstan (-14.1%) illustrated a downward trend over the same period. While the share of Belarus (+27 p.p.), Azerbaijan (+3.2 p.p.), Armenia (+2 p.p.) and Kazakhstan (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-35.4 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported mobile lifting frames on tyres and straddle carriers in the CIS, comprising 87% of total imports. The second position in the ranking was held by Belarus ($X), with a 5.4% share of total imports. It was followed by Azerbaijan, with a 2.4% share.

In Russia, mobile lifting frame imports contracted by an average annual rate of -22.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+24.0% per year) and Azerbaijan (-0.7% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, surging by 72% against the previous year. Overall, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2018 an increase of 86% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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