CIS: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in CIS

The CIS market for spray guns and similar appliances shrank rapidly to $X in 2022, falling by -18.1% against the previous year. In general, consumption saw a mild contraction. The level of consumption peaked at $X in 2021, and then contracted markedly in the following year.

Production of Spray Guns And Similar Appliances in CIS

In value terms, spray guns and similar appliances production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a slight descent. The growth pace was the most rapid in 2014 with an increase of 62% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports in CIS

Spray guns and similar appliances exports contracted to X units in 2022, waning by -13.9% on 2021 figures. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 97% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports totaled $X in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by 129%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Belarus (X units) was the main exporter of spray guns and similar appliances, committing 63% of total exports. Russia (X units) held a 32% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (5.1%).

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +23.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest spray guns and similar appliances supplier in the CIS, comprising 67% of total exports. The second position in the ranking was held by Belarus ($X), with a 20% share of total exports.

In Russia, spray guns and similar appliances exports expanded at an average annual rate of +7.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (-0.1% per year) and Kazakhstan (+44.0% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, jumping by 21% against the previous year. Overall, the export price recorded a temperate increase. The pace of growth was the most pronounced in 2020 an increase of 69%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while Belarus ($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 (+16.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Spray Guns And Similar Appliances

Imports in CIS

In 2022, approx. X units of spray guns and similar appliances were imported in the CIS; reducing by -18.1% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 47%. The volume of import peaked at X units in 2021, and then declined sharply in the following year.

In value terms, spray guns and similar appliances imports fell significantly to $X in 2022. Over the period under review, imports recorded a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

Russia prevails in imports structure, reaching X units, which was near 80% of total imports in 2022. Kazakhstan (X units) ranks second in terms of the total imports with a 7.8% share, followed by Belarus (7.6%). Azerbaijan (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of spray guns and similar appliances. At the same time, Kazakhstan (+5.3%), Belarus (+4.9%) and Azerbaijan (+3.5%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +5.3% from 2012-2022. From 2012 to 2022, the share of Kazakhstan and Belarus increased by +3.1 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported spray guns and similar appliances in the CIS, comprising 83% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 6.6% share of total imports. It was followed by Belarus, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled -2.4%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+5.4% per year) and Belarus (-2.6% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, approximately reflecting the previous year. In general, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2018 when the import price increased by 29% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per unit) and Azerbaijan ($X per unit), while Belarus ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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