CIS: Multitask Printer Market 2024

Multitask Printer Market Size in CIS

In 2022, the CIS multitask printer market increased by 5.1% to $X for the first time since 2017, thus ending a four-year declining trend. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Multitask Printer Production in CIS

In value terms, multitask printer production surged to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 52%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Multitask Printer Exports

Exports in CIS

In 2022, shipments abroad of multitask printers, copymachines and facsimile machines increased by 590% to X units, rising for the seventh consecutive year after two years of decline. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, multitask printer exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 177% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Kazakhstan represented the key exporter of multitask printers, copymachines and facsimile machines in the CIS, with the volume of exports accounting for X units, which was approx. 80% of total exports in 2022. Russia (X units) ranks second in terms of the total exports with a 12% share, followed by Uzbekistan (5.2%).

From 2012 to 2022, average annual rates of growth with regard to multitask printer exports from Kazakhstan stood at +86.0%. At the same time, Uzbekistan (+767.1%) and Russia (+20.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +767.1% from 2012-2022. Kazakhstan (+72 p.p.) and Uzbekistan (+5.2 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -76.3% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X), Russia ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2022, with a combined 91% share of total exports.

Uzbekistan, with a CAGR of +733.9%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, falling by -62.9% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 30% against the previous year. As a result, the export price attained the peak level of $X per unit, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan ($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 (+0.4%), while the other leaders experienced a decline in the export price figures.

Multitask Printer Imports

Imports in CIS

In 2022, supplies from abroad of multitask printers, copymachines and facsimile machines increased by 17% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a slight slump. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, multitask printer imports expanded notably to $X in 2022. In general, imports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 32%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) was the major importer of multitask printers, copymachines and facsimile machines, generating 75% of total imports. Kazakhstan (X units) took the second position in the ranking, distantly followed by Uzbekistan (X units). All these countries together held approx. 20% share of total imports.

Imports into Russia decreased at an average annual rate of -3.2% from 2012 to 2022. At the same time, Uzbekistan (+37.9%) and Kazakhstan (+8.8%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +37.9% from 2012-2022. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by +8.8 and +5.6 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported multitask printers, copymachines and facsimile machines in the CIS, comprising 74% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to -4.1%. In the other countries, the average annual rates were as follows: Kazakhstan (+6.3% per year) and Uzbekistan (+49.7% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, reducing by -4.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 20%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($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 (+8.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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