CIS: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in CIS

In 2021, the CIS steam blasting machine market increased by 30% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in CIS

In value terms, steam blasting machine production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight slump. The most prominent rate of growth was recorded in 2015 with an increase of 2,176%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Steam Blasting Machine Exports

Exports in CIS

In 2021, shipments abroad of steam or sand blasting machines and similar jet-projecting machines increased by 72% to X units, rising for the third consecutive year after two years of decline. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 96%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -2.9% against 2019 indices. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Russia represented the largest exporting country with an export of around X units, which finished at 82% of total exports. It was distantly followed by Belarus (X units), generating a 17% share of total exports.

Exports from Russia increased at an average annual rate of +30.6% from 2012 to 2021. At the same time, Belarus (+38.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +38.0% from 2012-2021. While the share of Russia (+28 p.p.) and Belarus (+10 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest steam blasting machine supplier in the CIS, comprising 79% of total exports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total exports.

In Russia, steam blasting machine exports increased at an average annual rate of +13.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, reducing by -24% against the previous year. In general, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by 19% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-13.4%).

Steam Blasting Machine Imports

Imports in CIS

In 2021, imports of steam or sand blasting machines and similar jet-projecting machines in the CIS surged to X units, growing by 15% compared with 2020. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49%. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, steam blasting machine imports surged to $X in 2021. Over the period under review, imports, however, showed a pronounced reduction. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Russia dominates imports structure, accounting for X units, which was near 86% of total imports in 2021. Kazakhstan (X units), Belarus (X units), Uzbekistan (X units), Azerbaijan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, Uzbekistan (+61.6%), Kyrgyzstan (+55.1%), Azerbaijan (+12.5%), Kazakhstan (+6.3%) and Belarus (+6.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +61.6% from 2012-2021. From 2012 to 2021, the share of Uzbekistan and Kyrgyzstan increased by +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in the CIS, comprising 80% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 7.4% share of total imports. It was followed by Belarus, with a 6.4% share.

In Russia, steam blasting machine imports contracted by an average annual rate of -3.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-0.0% per year) and Belarus (-4.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, with an increase of 5.7% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Kyrgyzstan ($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 (-5.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :