Russian Federation: Construction Equipment Blade Market 2025

Construction Equipment Blade Market Size in the Russian Federation

After three years of growth, the Russian construction equipment blade market decreased by -15.4% to $X in 2022. Overall, consumption continues to indicate a deep contraction. Construction equipment blade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Construction Equipment Blade Production in the Russian Federation

In value terms, construction equipment blade production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 33% against the previous year. Construction equipment blade production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Construction Equipment Blade Exports

Exports from the Russian Federation

Construction equipment blade exports from Russia fell to X units in 2022, which is down by -14.4% against the previous year. Over the period under review, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, construction equipment blade exports declined significantly to $X in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 58%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for construction equipment blade exports from Russia, with a 98% share of total exports. It was followed by Kazakhstan (X units), with a 1% share of total exports. Belarus (X units) ranked third in terms of total exports with a 0.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria totaled +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-25.1% per year) and Belarus (-10.0% per year).

In value terms, Austria ($X) remains the key foreign market for blades for construction equipment exports from Russia, comprising 98% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 0.8% share of total exports. It was followed by Belarus, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-26.8% per year) and Belarus (-19.2% per year).

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, which is down by -4.6% against the previous year. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.3%), while the prices for the other major destinations experienced a decline.

Construction Equipment Blade Imports

Imports into the Russian Federation

In 2022, the amount of blades for construction equipment imported into Russia reduced to X units, shrinking by -12.9% compared with 2021 figures. Overall, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 290%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, construction equipment blade imports dropped remarkably to $X in 2022. In general, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 239% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X units), Japan (X units) and China (X units) were the main suppliers of construction equipment blade imports to Russia, with a combined 83% share of total imports. Estonia, Ukraine, the United States and Kazakhstan lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +47.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) constituted the largest supplier of blades for construction equipment to Russia, comprising 43% of total imports. The second position in the ranking was held by Japan ($X), with an 18% share of total imports. It was followed by Estonia, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Belarus was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+7.4% per year) and Estonia (+61.2% per year).

Import Prices by Country

In 2022, the average construction equipment blade import price amounted to $X per unit, which is down by -6.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 16%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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