Russian Federation: Pile-Driver Market 2024

Pile-Driver Market Size in the Russian Federation

The Russian pile-driver market shrank significantly to $X in 2021, waning by -38% 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 continues to indicate a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pile-Driver Exports

Exports from the Russian Federation

Pile-driver exports from Russia soared to X units in 2021, jumping by 27% compared with 2020 figures. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 120%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, pile-driver exports reduced slightly to $X in 2021. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 102% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for pile-driver exports from Russia, with a 85% share of total exports. Moreover, pile-driver exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. The third position in this ranking was held by Belarus (X units), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+26.8% per year) and Belarus (-16.0% per year).

In value terms, the largest markets for pile-driver exported from Russia were Kazakhstan ($X), Ukraine ($X) and Uzbekistan ($X), together comprising 39% of total exports.

Ukraine, with a CAGR of +23.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pile-driver export price stood at $X per unit in 2021, with a decrease of -21.4% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 139%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+310.1%), while the prices for the other major destinations experienced mixed trend patterns.

Pile-Driver Imports

Imports into the Russian Federation

In 2021, the amount of pile-drivers and pile-extractors imported into Russia reduced rapidly to X units, which is down by -20.9% against 2020 figures. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2016 when imports increased by 194%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pile-driver imports surged to $X in 2021. In general, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016 when imports increased by 170% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of pile-driver to Russia, with a 52% share of total imports. Moreover, pile-driver imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. The third position in this ranking was taken by France (X units), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+714.3% per year) and France (+6.6% per year).

In value terms, the largest pile-driver suppliers to Russia were the Netherlands ($X), France ($X) and China ($X), together comprising 61% of total imports.

France, with a CAGR of +24.9%, saw 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 more modest paces of growth.

Import Prices by Country

In 2021, the average pile-driver import price amounted to $X per unit, surging by 69% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +12.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 131%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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