Russian Federation: Chromatograph Market 2024

Chromatograph Market Size in the Russian Federation

The Russian chromatograph market shrank dramatically to $X in 2022, which is down by -21% 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). Overall, consumption, however, recorded a relatively flat trend pattern. Chromatograph consumption peaked at $X in 2021, and then plummeted in the following year.

Chromatograph Exports

Exports from the Russian Federation

In 2022, approx. X units of chromatographs and electrophoresis instruments were exported from Russia; picking up by 26% compared with the previous year's figure. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 129%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, chromatograph exports shrank to $X in 2022. Overall, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 104% 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

The UK (X units), Belarus (X units) and Ukraine (X units) were the main destinations of chromatograph exports from Russia, together accounting for 76% of total exports. Saudi Arabia, Kazakhstan and Armenia lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +150.2%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belarus ($X) and Ukraine ($X) were the largest markets for chromatograph exported from Russia worldwide, together comprising 62% of total exports. Kazakhstan, Armenia and Saudi Arabia lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +176.5%, recorded 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

The average chromatograph export price stood at $X per unit in 2022, waning by -27.8% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 52% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to the UK ($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 Armenia (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Chromatograph Imports

Imports into the Russian Federation

In 2022, chromatograph imports into Russia reduced to X units, shrinking by -13.4% against the previous year's figure. Over the period under review, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2016 when imports increased by 124%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chromatograph imports dropped to $X in 2022. Overall, imports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2016 when imports increased by 76% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of chromatograph to Russia, accounting for a 48% share of total imports. Moreover, chromatograph imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Germany (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +54.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.8% per year) and Germany (+4.7% per year).

In value terms, Germany ($X) constituted the largest supplier of chromatographs and electrophoresis instruments to Russia, comprising 36% of total imports. The second position in the ranking was taken by Sweden ($X), with a 16% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+17.4% per year) and China (+61.7% per year).

Import Prices by Country

In 2022, the average chromatograph import price amounted to $X per unit, surging by 3.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 78% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average 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 Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+79.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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