CIS: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in CIS

In 2022, the CIS vacuum cleaner without motor market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Vacuum Cleaners Without Motor in CIS

In value terms, vacuum cleaner without motor production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Vacuum Cleaners Without Motor

Exports in CIS

In 2022, exports of vacuum cleaners without motor in the CIS surged to X units, growing by 106% against the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 280% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, vacuum cleaner without motor exports soared to $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 347% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia represented the major exporting country with an export of around X units, which recorded 65% of total exports. Azerbaijan (X units) ranks second in terms of the total exports with a 15% share, followed by Belarus (11%) and Kazakhstan (5.1%). Moldova (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner without motor exports from Russia stood at +43.7%. At the same time, Azerbaijan (+54.0%), Moldova (+40.3%), Belarus (+15.7%) and Kazakhstan (+6.6%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +54.0% from 2012-2022. From 2012 to 2022, the share of Russia, Azerbaijan and Moldova increased by +42, +12 and +1.5 percentage points, respectively.

In value terms, Russia ($X) remains the largest vacuum cleaner without motor supplier in the CIS, comprising 64% of total exports. The second position in the ranking was held by Azerbaijan ($X), with an 11% share of total exports. It was followed by Belarus, with an 11% share.

In Russia, vacuum cleaner without motor exports expanded at an average annual rate of +28.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Azerbaijan (+61.8% per year) and Belarus (+7.0% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by 14% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 131% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+5.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Vacuum Cleaners Without Motor

Imports in CIS

Vacuum cleaner without motor imports skyrocketed to X units in 2022, growing by 330% against 2021 figures. Overall, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vacuum cleaner without motor imports skyrocketed to $X in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 318%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Azerbaijan (X units) represented the largest importer of vacuum cleaners without motor, comprising 49% of total imports. Kazakhstan (X units) held a 30% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (7%). Moldova (X units), Uzbekistan (X units) and Belarus (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +75.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported vacuum cleaners without motor in the CIS, comprising 51% of total imports. The second position in the ranking was held by Moldova ($X), with a 9.9% share of total imports. It was followed by Azerbaijan, with a 9.5% share.

In Kazakhstan, vacuum cleaner without motor imports increased at an average annual rate of +48.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Moldova (+41.4% per year) and Azerbaijan (+11.4% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, shrinking by -44.5% against the previous year. In general, the import price showed a slight shrinkage. The growth pace was the most rapid in 2014 when the import price increased by 165% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 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 Moldova ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+6.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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