Russian Federation: Stone Polishing Machine Market 2025

Stone Polishing Machine Market Size in the Russian Federation

The Russian stone polishing machine market skyrocketed to $X in 2022, increasing by 408% 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 posted a resilient increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Stone Polishing Machine Exports

Exports from the Russian Federation

In 2022, approx. X units of grinding or polishing machines for working stone, ceramics and concrete were exported from Russia; picking up by 5.8% on the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 2,000% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, stone polishing machine exports expanded modestly to $X in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 1,633%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for stone polishing machine exports from Russia, accounting for a 98% share of total exports. It was followed by Belarus (X units), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to +50.3%.

In value terms, Kazakhstan ($X) remains the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from Russia, comprising 94% of total exports. The second position in the ranking was held by Belarus ($X), with a 5.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled +54.2%.

Export Prices by Country

The average stone polishing machine export price stood at $X per unit in 2022, which is down by -4% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 184%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.

Stone Polishing Machine Imports

Imports into the Russian Federation

In 2022, the amount of grinding or polishing machines for working stone, ceramics and concrete imported into Russia soared to X units, picking up by 483% compared with the year before. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 581%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, stone polishing machine imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 296% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of stone polishing machine to Russia, with a 72% share of total imports. Moreover, stone polishing machine imports from China exceeded the figures recorded by the second-largest supplier, Israel (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+68.3% per year) and Belarus (-17.6% per year).

In value terms, China ($X), Israel ($X) and Belarus ($X) constituted the largest stone polishing machine suppliers to Russia, with a combined 89% share of total imports.

Israel, with a CAGR of +72.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2022, reducing by -57.9% against the previous year. Over the period under review, the import price showed a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 180%. The import price peaked at $X per unit in 2019; however, from 2020 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 Israel ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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