Russian Federation - Industrial Machinery for the Manufacture or Preparation of Sugar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Sugar-Manufacturing Industrial Machinery Market 2024
Sugar-Manufacturing Industrial Machinery Exports
Exports from the Russian Federation
In 2022, approx. X units of industrial machinery for the manufacture or preparation of sugar were exported from Russia; waning by -42.9% on the previous year. In general, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,515% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, sugar-manufacturing industrial machinery exports dropped markedly to $X in 2022. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 8,429%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
Exports by Country
Latvia (X units) was the main destination for sugar-manufacturing industrial machinery exports from Russia, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia was relatively modest.
In value terms, Latvia ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from Russia.
From 2012 to 2022, the average annual rate of growth in terms of value to Latvia was relatively modest.
Export Prices by Country
The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2022, reducing by -11.5% against the previous year. Over the period under review, the export price, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 915% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +55.5% per year.
Sugar-Manufacturing Industrial Machinery Imports
Imports into the Russian Federation
In 2022, overseas purchases of industrial machinery for the manufacture or preparation of sugar were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 184%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, sugar-manufacturing industrial machinery imports skyrocketed to $X in 2022. In general, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 144% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Belarus (X units) constituted the largest sugar-manufacturing industrial machinery supplier to Russia, accounting for a 67% share of total imports. Moreover, sugar-manufacturing industrial machinery imports from Belarus exceeded the figures recorded by the second-largest supplier, Norway (X units), threefold. The third position in this ranking was held by Italy (X units), with a 7.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Belarus stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-29.5% per year) and Italy (-21.1% per year).
In value terms, Norway ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to Russia, comprising 52% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Spain, with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Norway totaled -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.0% per year) and Spain (-11.7% per year).
Import Prices by Country
The average sugar-manufacturing industrial machinery import price stood at $X per unit in 2021, picking up by 4.6% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sugar-manufacturing industrial machinery import price increased by +54.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 114% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+54.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sugar-manufacturing industrial machinery 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 28931730 - Industrial machinery for the manufacture or preparation of sugar
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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