Russian Federation: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in the Russian Federation

The Russian cable-making machine market contracted to $X in 2022, with a decrease of X% 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 relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cable-Making Machine Exports

Exports from the Russian Federation

After two years of decline, overseas shipments of rope or cable-making machines increased by X% to X units in 2021. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, cable-making machine exports skyrocketed to $X in 2021. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Lithuania (X units) was the main destination for cable-making machine exports from Russia, accounting for a X% share of total exports. Moreover, cable-making machine exports to Lithuania exceeded the volume sent to the second major destination, Uzbekistan (X units), sixfold. The third position in this ranking was held by Ukraine (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Lithuania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Ukraine (X% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for rope or cable-making machines exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2021, the average cable-making machine export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, 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 Lithuania ($X per unit), while the average price for exports to Kazakhstan ($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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cable-Making Machine Imports

Imports into the Russian Federation

In 2022, approx. X units of rope or cable-making machines were imported into Russia; which is down by X% against the previous year's figure. Over the period under review, imports, however, saw a moderate expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cable-making machine imports fell significantly to $X in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of cable-making machine to Russia, accounting for a X% share of total imports. Moreover, cable-making machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of rope or cable-making machines to Russia, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average cable-making machine import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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