CIS: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in CIS

The CIS snow ploughs and blowers market shrank slightly to $X in 2022, which is down by -4.8% against the previous year. Over the period under review, consumption saw a deep contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Snow-Ploughs And Snow-Blowers in CIS

In value terms, snow ploughs and blowers production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports in CIS

In 2022, the amount of snow-ploughs and snow-blowers exported in the CIS reduced modestly to X units, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 96% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then shrank slightly in the following year.

In value terms, snow ploughs and blowers exports reduced to $X in 2022. Overall, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Russia was the key exporting country with an export of about X units, which amounted to 86% of total exports. It was distantly followed by Belarus (X units), constituting an 11% share of total exports. Kazakhstan (X units) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the snow-ploughs and snow-blowers exports, with a CAGR of +28.8% from 2012 to 2022. At the same time, Kazakhstan (+26.0%) and Belarus (+6.9%) displayed positive paces of growth. From 2012 to 2022, the share of Russia increased by +32 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Belarus ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2022, with a combined 100% share of total exports.

Kazakhstan, with a CAGR of +50.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, standing approx. at the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 21%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Kazakhstan ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+19.6%), while the other leaders experienced a decline in the export price figures.

Imports of Snow-Ploughs And Snow-Blowers

Imports in CIS

Snow ploughs and blowers imports fell to X units in 2022, waning by -8.2% against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 154%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, snow ploughs and blowers imports declined rapidly to $X in 2022. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 134% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia prevails in imports structure, reaching X units, which was near 97% of total imports in 2022. Kazakhstan (X units) held a relatively small share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of snow-ploughs and snow-blowers. At the same time, Kazakhstan (+9.8%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +9.8% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported snow-ploughs and snow-blowers in the CIS, comprising 92% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled -5.6%.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, shrinking by -10.1% against the previous year. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-2.6%).

Source: IndexBox Platform

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