Report Update Nov 1, 2024

Russian Federation - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in the Russian Federation

The Russian wood bending machine market stood at $X in 2021, with an increase of 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed resilient growth. Wood bending machine consumption peaked in 2021 and is likely to continue growth in the immediate term.

Wood Bending Machine Exports

Exports from the Russian Federation

In 2021, exports of bending or assembling machines from Russia reduced remarkably to X units, which is down by -33.5% compared with 2020 figures. Overall, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 278% against the previous year. Over the period under review, the exports hit record highs at X units in 2020, and then reduced markedly in the following year.

In value terms, wood bending machine exports reduced notably to $X in 2021. In general, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 793%. The exports peaked at $X in 2020, and then fell notably in the following year.

Exports by Country

Kazakhstan (X units), Belarus (X units) and Finland (X units) were the main destinations of wood bending machine exports from Russia, together comprising 89% of total exports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +15.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Kazakhstan ($X) and Belarus ($X) constituted the largest markets for wood bending machine exported from Russia worldwide, together accounting for 83% of total exports.

In terms of the main countries of destination, Estonia, with a CAGR of +118.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wood bending machine export price amounted to $X per unit, falling by -24.2% against the previous year. Over the period under review, the export price, however, showed notable growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 132%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then declined markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into the Russian Federation

Wood bending machine imports into Russia stood at X units in 2021, stabilizing at 2020. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 247% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, wood bending machine imports surged to $X in 2021. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Finland (X units) and Germany (X units) were the main suppliers of wood bending machine imports to Russia, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +73.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood bending machine suppliers to Russia were Finland ($X), Germany ($X) and China ($X), together comprising 40% of total imports.

Among the main suppliers, Finland, with a CAGR of +81.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood bending machine import price stood at $X per unit in 2021, surging by 22% against the previous year. Over the period under review, the import price posted a tangible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?

The country with the largest volume of wood bending machine consumption was South Africa, accounting for 71% of total volume. Moreover, wood bending machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The United States ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of bending or assembling machines in the world?

The countries with the highest volumes of wood bending machine production in 2021 were Austria, China and Germany, with a combined 48% share of global production.

What are the leading suppliers of bending or assembling machines to the Russian Federation?

In value terms, Finland constituted the largest supplier of wood bending machine to Russia, comprising 47% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by Japan, with a 13% share.

What are the leading importers of bending or assembling machines from the Russian Federation?

In value terms, the largest markets for wood bending machine exported from Russia were Estonia, Kazakhstan and Belarus, together comprising 83% of total exports.

What is the average export price for bending or assembling machines in the Russian Federation?

In 2021, the average wood bending machine export price amounted to $3,132 per unit, waning by -45.7% against the previous year.

What is the average import price for bending or assembling machines in the Russian Federation?

In 2021, the average wood bending machine import price amounted to $30,555 per unit, rising by 72% against the previous year.

This report provides an in-depth analysis of the wood bending machine market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023