Russian Federation - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Russia - 2022

Contents:

  1. Lift and Hoist Price in Russia (CIF) - 2022
  2. Lift and Hoist Price in Russia (FOB) - 2022
  3. Lift and Hoist Imports in Russia
  4. Lift and Hoist Exports in Russia

Lift and Hoist Price in Russia (CIF) - 2022

The average lift and hoist import price stood at $23,719 per unit in January 2022, shrinking by -11.2% against the previous month. Overall, the import price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in July 2021 when the average import price increased by 117% m-o-m. The import price peaked at $28,726 per unit in November 2021; afterwards, it flattened through to January 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($214K per unit), while the price for Belarus ($11,511 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Lift and Hoist Price in Russia (FOB) - 2022

In 2022, the average lift and hoist export price amounted to $20,574 per unit, increasing by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $26,382 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($25,555 per unit), while the average price for exports to Armenia ($7,230 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 Estonia (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lift and Hoist Imports in Russia

In 2022, approx. 17K units of lifts and hoists were imported into Russia; which is down by -4.1% on the previous year. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8% against the previous year. Over the period under review, imports hit record highs at 21K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lift and hoist imports dropped modestly to $303M in 2022. Overall, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 2.2%. Imports peaked at $344M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lift and Hoist in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China70.857.463.712119.6%
Turkey8.210.714.558.192.1%
Germany20.336.133.025.17.3%
Greece7.94.87.111.613.7%
Slovakia11.56.46.48.5-9.6%
Finland19.512.18.83.0-46.4%
Belarus10274.780.8N/A-11.0%
Others10497.892.475.9-10.0%
Total344300307303-4.1%

Top Suppliers of Lift and Hoist to Russia in 2022:

  1. China (5.9K units)
  2. Turkey (3.5K units)
  3. Germany (1.5K units)
  4. Greece (0.7K units)
  5. Slovakia (0.5K units)
  6. Finland (0.2K units)

Lift and Hoist Exports in Russia

In 2022, exports of lifts and hoists from Russia declined to 320 units, with a decrease of -7.5% against 2021. Overall, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked at 430 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, lift and hoist exports dropped to $6.6M in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 8.8% against the previous year. The exports peaked at $9.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Lift and Hoist in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.91.62.04.331.3%
Armenia0.10.10.40.571.0%
EstoniaN/AN/A0.20.4100.0%
Poland0.20.10.10.20.0%
Belarus5.83.93.2N/A-25.7%
Others1.30.71.01.1-5.4%
Total9.36.36.96.6-10.8%

Top Export Markets for Lift and Hoist from Russia in 2022:

  1. Kazakhstan (172.0 units)
  2. Armenia (74.0 units)
  3. Estonia (16.0 units)
  4. Poland (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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