Russian Federation: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in the Russian Federation

The Russian meat-preparation industrial machinery market skyrocketed to $X in 2022, picking up by 38% against the previous year. Over the period under review, consumption continues to indicate notable growth. Meat-preparation industrial machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Meat-Preparation Industrial Machinery Production in the Russian Federation

In value terms, meat-preparation industrial machinery production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production showed pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Meat-Preparation Industrial Machinery Exports

Exports from the Russian Federation

After three years of growth, overseas shipments of industrial machinery for the preparation of meat or poultry decreased by -21.3% to X units in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 177%. Over the period under review, the exports hit record highs at X units in 2021, and then plummeted in the following year.

In value terms, meat-preparation industrial machinery exports dropped to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 98%. Over the period under review, the exports reached the peak figure 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 meat-preparation industrial machinery exports from Russia, with a 68% share of total exports. Moreover, meat-preparation industrial machinery exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to +37.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+74.5% per year) and Belarus (+40.9% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for industrial machinery for the preparation of meat or poultry exports from Russia, comprising 68% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ukraine stood at +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+3.7% per year) and Belarus (+15.4% per year).

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, growing by 19% against the previous year. In general, the export price, however, faced a abrupt curtailment. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Kazakhstan ($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 Ukraine (-5.9%), while the prices for the other major destinations experienced a decline.

Meat-Preparation Industrial Machinery Imports

Imports into the Russian Federation

In 2022, after two years of decline, there was significant growth in purchases abroad of industrial machinery for the preparation of meat or poultry, when their volume increased by 269% to X units. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 when imports increased by 399% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, meat-preparation industrial machinery imports surged to $X in 2022. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 150%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Lithuania (X units) were the main suppliers of meat-preparation industrial machinery imports to Russia, with a combined 36% share of total imports. Poland, Finland, China and Austria lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to Russia were Germany ($X), the Netherlands ($X) and Lithuania ($X), together accounting for 35% of total imports. China, Poland, Finland and Austria lagged somewhat behind, together accounting for a further 12%.

China, with a CAGR of +5.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, which is down by -57.8% against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 49% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Austria ($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 (-12.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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