CIS: Self-Propelled Excavating Machinery Market 2025

Self-Propelled Excavating Machinery Market Size in CIS

In 2021, the CIS self-propelled excavating machinery market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Self-Propelled Excavating Machinery Production in CIS

In value terms, self-propelled excavating machinery production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 14%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Self-Propelled Excavating Machinery Exports

Exports in CIS

In 2021, approx. X units of self-propelled earth moving, excavating machinery were exported in the CIS; increasing by 110% compared with 2020 figures. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 115% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, self-propelled excavating machinery exports surged to $X in 2021. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 268% against the previous year. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2021.

Exports by Country

The shipments of the three major exporters of self-propelled earth moving, excavating machinery, namely Belarus, Kazakhstan and Russia, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kazakhstan (with a CAGR of +36.3%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the largest self-propelled excavating machinery supplier in the CIS, comprising 70% of total exports. The second position in the ranking was taken by Russia ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belarus stood at +16.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+20.0% per year) and Kazakhstan (+24.7% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, waning by -32.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 309% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Kazakhstan ($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 (+5.8%), while the other leaders experienced a decline in the export price figures.

Self-Propelled Excavating Machinery Imports

Imports in CIS

In 2021, overseas purchases of self-propelled earth moving, excavating machinery increased by 62% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded moderate growth. The most prominent rate of growth was recorded in 2016 with an increase of 138%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled excavating machinery imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2016 when imports increased by 121% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Kazakhstan (X units) represented the key importer of self-propelled earth moving, excavating machinery, constituting 56% of total imports. It was distantly followed by Russia (X units), committing a 35% share of total imports. Kyrgyzstan (X units), Uzbekistan (X units) and Belarus (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kyrgyzstan (with a CAGR of +31.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled excavating machinery importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Kyrgyzstan ($X), together accounting for 97% of total imports.

Kyrgyzstan, with a CAGR of +17.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, with a decrease of -28.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 76% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per unit), while Uzbekistan ($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 (+5.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :