Russian Federation: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in the Russian Federation

The Russian LCDs and plasmas market shrank significantly to $X in 2022, falling by -19.1% against the previous year. In general, consumption, however, recorded modest growth. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.

Lcds And Plasmas Production in the Russian Federation

In value terms, LCDs and plasmas production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 373% against the previous year. Production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Lcds And Plasmas Exports

Exports from the Russian Federation

In 2022, approx. X units of flat panel video monitor, lcd or plasma were exported from Russia; which is down by -4.9% compared with the previous year. Over the period under review, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 133%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, LCDs and plasmas exports contracted to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 54%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units), Belarus (X units) and Armenia (X units) were the main destinations of LCDs and plasmas exports from Russia, together accounting for 72% of total exports. Ukraine, the United States and Lithuania lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +82.1%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Russia, comprising 34% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 14% share of total exports. It was followed by Belarus, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-9.1% per year) and Belarus (+17.0% per year).

Export Prices by Country

In 2022, the average LCDs and plasmas export price amounted to $X per unit, shrinking by -4% against the previous year. Overall, the export price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 322%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Belarus ($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 Kazakhstan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into the Russian Federation

After two years of growth, overseas purchases of flat panel video monitor, lcd or plasma decreased by -8.7% to X units in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 439% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, LCDs and plasmas imports declined to $X in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 208%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of LCDs and plasmas to Russia, with a 86% share of total imports. Moreover, LCDs and plasmas imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), more than tenfold.

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: the Czech Republic (+50.2% per year) and Japan (+16.4% per year).

In value terms, China ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to Russia, comprising 71% of total imports. The second position in the ranking was held by Japan ($X), with a 5.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.2% per year) and the Czech Republic (+29.6% per year).

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, falling by -1.7% against the previous year. In general, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2019 an increase of 80% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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