CIS: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in CIS

The CIS numerically controlled drilling machine market surged to $X in 2021, picking up by 47% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +181.5% against 2016 indices. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Numerically Controlled Drilling Machines For Working Metal in CIS

In value terms, numerically controlled drilling machine production fell to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 65%. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in CIS

In 2021, shipments abroad of numerically controlled drilling machines for working metal decreased by -30.6% to X tons, falling for the second consecutive year after three years of growth. Overall, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2018 when exports increased by 83%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports surged to $X in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by 109% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the main exporting country with an export of around X tons, which reached 74% of total exports. Armenia (X kg) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (11%).

Russia experienced a relatively flat trend pattern with regard to volume of exports of numerically controlled drilling machines for working metal. At the same time, Armenia (+4.1%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +4.1% from 2012-2021. By contrast, Belarus (-41.6%) illustrated a downward trend over the same period. While the share of Russia (+69 p.p.) and Armenia (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-83.3 p.p.) displayed negative dynamics.

In value terms, Russia ($X) emerged as the largest numerically controlled drilling machine supplier in the CIS, comprising 87% of total exports. The second position in the ranking was taken by Belarus ($X), with a 7% share of total exports.

In Russia, numerically controlled drilling machine exports increased at an average annual rate of +8.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (-39.4% per year) and Armenia (+5.2% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with an increase of 97% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.9%), while the other leaders experienced more modest paces of growth.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in CIS

In 2021, approx. X tons of numerically controlled drilling machines for working metal were imported in the CIS; surging by 78% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a mild contraction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Russia prevails in imports structure, resulting at X tons, which was approx. 95% of total imports in 2021. Belarus (X tons) held a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of numerically controlled drilling machines for working metal. Belarus (-4.1%) illustrated a downward trend over the same period. While the share of Russia (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported numerically controlled drilling machines for working metal in the CIS, comprising 96% of total imports. The second position in the ranking was held by Belarus ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -1.2%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, growing by 40% against the previous year. Overall, the import price, however, continues to indicate a slight contraction. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+2.8%).

Source: IndexBox Platform

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