CIS: Tamping Machinery Market 2024

Tamping Machinery Market Size in CIS

In 2021, the CIS tamping machinery market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Tamping Machinery Production in CIS

In value terms, tamping machinery production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 399% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Tamping Machinery Exports

Exports in CIS

Tamping machinery exports skyrocketed to X units in 2021, growing by 27% against the previous year. Overall, exports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2014 with an increase of 90% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, tamping machinery exports plummeted to $X in 2021. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 82%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, recording X units, which was near 90% of total exports in 2021. It was distantly followed by Belarus (X units), mixing up an 8% share of total exports.

Exports from Russia decreased at an average annual rate of -4.4% from 2012 to 2021. At the same time, Belarus (+7.6%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +7.6% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +5.1 percentage points.

In value terms, Russia ($X) remains the largest tamping machinery supplier in the CIS, comprising 89% of total exports. The second position in the ranking was taken by Belarus ($X), with a 9.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -8.2%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, shrinking by -41.8% against the previous year. In general, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+0.9%).

Tamping Machinery Imports

Imports in CIS

In 2021, overseas purchases of tamping or compacting machinery increased by 35% to X units, rising for the fifth year in a row after two years of decline. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 749%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, tamping machinery imports skyrocketed to $X in 2021. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 407% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, accounting for X units, which was near 90% of total imports in 2021. It was distantly followed by Kazakhstan (X units), committing a 4.6% share of total imports. Belarus (X units) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the tamping or compacting machinery imports, with a CAGR of +14.6% from 2012 to 2021. At the same time, Belarus (+6.8%) and Kazakhstan (+3.4%) displayed positive paces of growth. Russia (+8 p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Kazakhstan saw its share reduced by -1.7% and -6% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported tamping or compacting machinery in the CIS, comprising 86% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +7.5%. In the other countries, the average annual rates were as follows: Kazakhstan (+1.4% per year) and Belarus (+5.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, surging by 2.2% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 an increase of 44% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the 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 ($X per unit), while Russia ($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 (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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