Russian Federation: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the Russian Federation

The Russian market for equipment for scaffolding, shuttering, propping or pit propping fell to $X in 2021, reducing by -12.3% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the Russian Federation

In value terms, scaffolding, shuttering, and propping equipment production reduced to $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +37.4% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29%. As a result, production reached the peak level of $X, and then declined in the following year.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from the Russian Federation

In 2021, the amount of equipment for scaffolding, shuttering, propping or pit propping exported from Russia rose modestly to X tons, with an increase of 4.1% on the previous year. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 64%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, scaffolding, shuttering, and propping equipment exports surged to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 84%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Kazakhstan (X tons) was the main destination for scaffolding, shuttering, and propping equipment exports from Russia, accounting for a 37% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to Kazakhstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+267.2% per year) and Turkey (+112.9% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Russia, comprising 32% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 15% share of total exports. It was followed by Turkey, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan totaled +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+263.4% per year) and Turkey (+136.3% per year).

Export Prices by Country

In 2021, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, picking up by 28% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, scaffolding, shuttering, and propping equipment export price increased by +19.6% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 31%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Uzbekistan ($X per ton) and Turkey ($X per ton), while the average price for exports to Kazakhstan ($X per ton) and Armenia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic People's Republic of Korea (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into the Russian Federation

After four years of growth, supplies from abroad of equipment for scaffolding, shuttering, propping or pit propping decreased by -33.4% to X tons in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 65%. Imports peaked at X tons in 2020, and then reduced rapidly in the following year.

In value terms, scaffolding, shuttering, and propping equipment imports reduced to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 71%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Turkey (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to Russia, with a combined 59% share of total imports. South Korea, Ukraine, Belarus, India, Austria, Poland and the United States lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +36.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Turkey ($X) appeared to be the largest scaffolding, shuttering, and propping equipment suppliers to Russia, with a combined 65% share of total imports. South Korea, Austria, India, Belarus, Ukraine, Poland and the United States lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Belarus, with a CAGR of +43.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, surging by 38% against the previous year. In general, the import price, however, showed a slight shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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