CIS: Electric Rotary Converter Market 2025

Electric Rotary Converter Market Size in CIS

In 2021, the CIS electric rotary converter market was finally on the rise to reach $X after six years of decline. Overall, consumption recorded a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Electric Rotary Converter Production in CIS

In value terms, electric rotary converter production surged to $X in 2021 estimated in export price. In general, production recorded a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 46,177% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Electric Rotary Converter Exports

Exports in CIS

Electric rotary converter exports surged to X units in 2021, jumping by 36% on 2020 figures. In general, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 87% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, electric rotary converter exports soared to $X in 2021. Overall, exports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, amounting to X units, which was approx. 90% of total exports in 2021. It was distantly followed by Belarus (X units), making up a 7.7% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric rotary converter exports from Russia stood at -7.6%. Belarus (-7.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia increased by +5.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest electric rotary converter supplier in the CIS, comprising 99% of total exports. The second position in the ranking was taken by Belarus ($X), with a 0.5% share of total exports.

In Russia, electric rotary converter exports decreased by an average annual rate of -3.9% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, rising by 1.9% against the previous year. Overall, the export price enjoyed notable growth. The most prominent rate of growth was recorded in 2014 an increase of 171% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.9%).

Electric Rotary Converter Imports

Imports in CIS

Electric rotary converter imports fell remarkably to X units in 2021, declining by -23.2% compared with the previous year's figure. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, electric rotary converter imports skyrocketed to $X in 2021. Overall, imports faced a deep downturn. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belarus (X units) represented the key importer of electric rotary converters, achieving 43% of total imports. Russia (X units) took the second position in the ranking, followed by Kazakhstan (X units) and Azerbaijan (X units). All these countries together took near 55% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Azerbaijan (with a CAGR of +6.8%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belarus ($X) constitutes the largest market for imported electric rotary converters in the CIS, comprising 49% of total imports. The second position in the ranking was held by Azerbaijan ($X), with a 24% share of total imports. It was followed by Russia, with a 19% share.

In Belarus, electric rotary converter imports increased at an average annual rate of +1.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Azerbaijan (-4.2% per year) and Russia (-28.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, growing by 98% against the previous year. Overall, the import price, however, faced a abrupt downturn. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Azerbaijan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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