Report Russian Federation - Grinding or Polishing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Russian Federation - Grinding or Polishing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Stone Polishing Machine Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for grinding or polishing machines for working stone, ceramics and concrete in the world?

The countries with the highest volumes of in 2021 were Italy, the United States and South Africa, with a combined 51% share of global consumption. These countries were followed by Brazil, Nigeria, China, Japan, Indonesia, Singapore, Spain, India, Thailand and Malaysia, which together accounted for a further 33%.

What are the largest producers of grinding or polishing machines for working stone, ceramics and concrete in the world?

Italy constituted the country with the largest volume of stone polishing machine production, accounting for 46% of total volume. Moreover, stone polishing machine production in Italy exceeded the figures recorded by the second-largest producer, China, threefold. South Korea ranked third in terms of total production with a 10% share.

What are the leading suppliers of grinding or polishing machines for working stone, ceramics and concrete to the Russian Federation?

In value terms, the largest stone polishing machine suppliers to Russia were Italy, Germany and China, together accounting for 73% of total imports. These countries were followed by Hong Kong SAR, Poland, the UK and India, which together accounted for a further 14%.

What are the leading importers of grinding or polishing machines for working stone, ceramics and concrete from the Russian Federation?

In value terms, Kazakhstan, Armenia and Georgia constituted the largest markets for stone polishing machine exported from Russia worldwide, together comprising 78% of total exports.

What is the average export price for grinding or polishing machines for working stone, ceramics and concrete in the Russian Federation?

In 2021, the average stone polishing machine export price amounted to $2,149 per unit, growing by 15% against the previous year.

What is the average import price for grinding or polishing machines for working stone, ceramics and concrete in the Russian Federation?

The average stone polishing machine import price stood at $4,300 per unit in 2021, with a decrease of -20.7% against the previous year.

This report provides an in-depth analysis of the stone polishing machine market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491150 - Grinding or polishing machines for working stone, ceramics, c oncrete, asbestos-cement or like mineral materials or for cold working glass

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023