Russian Federation: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in the Russian Federation

The Russian blow-moulding machine market was estimated at $X in 2022, approximately mirroring the previous year. Over the period under review, consumption showed a mild setback. Blow-moulding machine consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in the Russian Federation

In value terms, blow-moulding machine production expanded to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 42% against the previous year. Blow-moulding machine production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Blow-Moulding Machine Exports

Exports from the Russian Federation

In 2022, exports of blow-moulding machines for working rubber or plastics from Russia reduced to X units, declining by -9.4% on the year before. Overall, exports, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 262% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, blow-moulding machine exports contracted to $X in 2022. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 453%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for blow-moulding machine exports from Russia, accounting for a 55% share of total exports. Moreover, blow-moulding machine exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X units), threefold. Brazil (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+28.2% per year) and Brazil (0.0% per year).

In value terms, Turkey ($X), Kazakhstan ($X) and Brazil ($X) were the largest markets for blow-moulding machine exported from Russia worldwide, with a combined 90% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of +40.0%, 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 2022, the average blow-moulding machine export price amounted to $X per unit, growing by 3.7% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blow-moulding machine export price decreased by -3.1% against 2017 indices. The growth pace was the most rapid in 2013 when the average export price increased by 58%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Turkey ($X per unit), while the average price for exports to Moldova ($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 Italy (+1,441.0%), while the prices for the other major destinations experienced more modest paces of growth.

Blow-Moulding Machine Imports

Imports into the Russian Federation

In 2022, purchases abroad of blow-moulding machines for working rubber or plastics decreased by -10.8% to X units, falling for the third consecutive year after three years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by 77% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, blow-moulding machine imports rose slightly to $X in 2022. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2017 when imports increased by 94% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of blow-moulding machine to Russia, accounting for a 62% share of total imports. Moreover, blow-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.9% per year) and Hong Kong SAR (+100.0% per year).

In value terms, Italy ($X) constituted the largest supplier of blow-moulding machines for working rubber or plastics to Russia, comprising 77% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.8% per year) and Hong Kong SAR (+108.0% per year).

Import Prices by Country

The average blow-moulding machine import price stood at $X per unit in 2022, growing by 14% against the previous year. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 83%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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