Russian Federation: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in the Russian Federation

In 2022, after two years of growth, there was decline in the Russian geometrical quantities electronic measurer market, when its value decreased by -2.1% to $X. Over the period under review, consumption saw a mild downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in the Russian Federation

In value terms, geometrical quantities electronic measurer production stood at $X in 2022 estimated in export price. Overall, production posted a strong expansion. The growth pace was the most rapid in 2018 when the production volume increased by 281%. Geometrical quantities electronic measurer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from the Russian Federation

In 2022, after two years of decline, there was significant growth in overseas shipments of electronic instruments and machines for measuring geometrical quantities, when their volume increased by 14% to X units. Over the period under review, exports showed a mild increase. The growth pace was the most rapid in 2016 with an increase of 121% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports expanded to $X in 2022. In general, exports saw a notable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 148% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for geometrical quantities electronic measurer exports from Russia, accounting for a 54% share of total exports. Moreover, geometrical quantities electronic measurer exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+1.6% per year) and Germany (+20.3% per year).

In value terms, Kazakhstan ($X), Germany ($X) and Myanmar ($X) appeared to be the largest markets for geometrical quantities electronic measurer exported from Russia worldwide, with a combined 52% share of total exports.

Among the main countries of destination, Myanmar, with a CAGR of +482.5%, 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 geometrical quantities electronic measurer export price stood at $X per unit in 2022, which is down by -9.1% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 54%. The export price peaked at $X per unit in 2021, and then reduced in the following year.

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 Myanmar ($X per unit), while the average price for exports to Ukraine ($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 Myanmar (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into the Russian Federation

In 2022, the amount of electronic instruments and machines for measuring geometrical quantities imported into Russia fell to X units, waning by -9.4% against 2021 figures. In general, imports showed a noticeable decline. The growth pace was the most rapid in 2016 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports shrank modestly to $X in 2022. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2016 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest geometrical quantities electronic measurer supplier to Russia, with a 61% share of total imports. Moreover, geometrical quantities electronic measurer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.3% per year) and Japan (+6.2% per year).

In value terms, the largest geometrical quantities electronic measurer suppliers to Russia were China ($X), France ($X) and Germany ($X), with a combined 50% share of total imports. The United States, Japan, Italy, South Korea, Spain, Hungary, Israel, Romania and Belarus lagged somewhat behind, together comprising a further 31%.

Among the main suppliers, Romania, with a CAGR of +19.5%, recorded the highest growth rate of 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

In 2022, the average geometrical quantities electronic measurer import price amounted to $X per unit, with an increase of 6.7% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2016 an increase of 23%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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