Report Update: May 1, 2024

Russian Federation - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

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Optical Radiation Instruments Price in Russia - 2022

Optical Radiation Instruments Price in Russia (CIF) - 2022

The average optical radiation instruments import price stood at $167 per unit in 2022, rising by 9% against the previous year. Overall, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 20%. Over the period under review, average import prices hit record highs at $245 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($392 per unit), while the price for Germany ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Optical Radiation Instruments Price in Russia (FOB) - 2022

In 2022, the average optical radiation instruments export price amounted to $928 per unit, surging by 60% against the previous year. In general, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 63%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,397 per unit), while the average price for exports to Kazakhstan ($282 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 Slovakia (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Russia

After three years of growth, supplies from abroad of instruments using optical radiations decreased by -17% to 1.2M units in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports reached the peak of 1.5M units, and then fell significantly in the following year.

In value terms, optical radiation instruments imports shrank to $203M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33%. Over the period under review, imports reached the maximum at $225M in 2021, and then dropped in the following year.

Import of Optical Radiation Instruments in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	24.6	34.2	47.3	68.6	40.8%
United States	38.9	35.5	53.7	36.3	-2.3%
China	11.6	25.2	17.4	26.4	31.5%
Germany	21.0	24.5	30.2	15.1	-10.4%
Singapore	4.7	12.2	12.2	12.9	40.0%
Czech Republic	2.4	3.0	2.3	9.2	56.5%
Italy	3.1	4.4	5.4	8.6	40.5%
Others	30.6	42.8	56.1	26.2	-5.0%
Total	137	182	225	203	14.0%

Top Suppliers of Optical Radiation Instruments to Russia in 2022:

Japan (429.5K units)
Germany (300.2K units)
China (211.7K units)
United States (120.6K units)
Singapore (48.3K units)
Italy (44.8K units)
Czech Republic (35.2K units)

Optical Radiation Instruments Exports in Russia

In 2022, shipments abroad of instruments using optical radiations decreased by -45.3% to 24K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. Over the period under review, the exports reached the peak figure at 44K units in 2021, and then fell notably in the following year.

In value terms, optical radiation instruments exports reduced to $22M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 120% against the previous year. Over the period under review, the exports hit record highs at $25M in 2021, and then reduced in the following year.

Export of Optical Radiation Instruments in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	133	48.0	302	3,167	187.7%
Vietnam	86.7	136	1,667	2,236	195.5%
Italy	222	400	1,160	1,758	99.3%
Germany	581	3,742	3,751	1,673	42.3%
Bulgaria	137	101	219	1,363	115.1%
Colombia	N/A	113	41.2	1,287	237.5%
United Kingdom	344	186	944	1,246	53.6%
Slovakia	2.8	394	341	922	590.5%
Kazakhstan	2,102	3,018	2,870	752	-29.0%
Lebanon	44.6	170	71.1	649	144.1%
Ukraine	408	1,622	2,025	475	5.2%
Belarus	753	1,174	1,326	352	-22.4%
Armenia	22.6	346	416	284	132.5%
Others	3,824	7,609	10,083	5,972	16.0%
Total	8,660	19,057	25,216	22,137	36.7%

Top Export Markets for Optical Radiation Instruments from Russia in 2022:

Germany (5.6K units)
Kazakhstan (2.7K units)
Slovakia (2.0K units)
Italy (1.7K units)
Vietnam (1.7K units)
Ukraine (1.6K units)
United States (1.3K units)
Belarus (1.1K units)
Armenia (1.0K units)
United Kingdom (0.9K units)
Bulgaria (0.7K units)
Colombia (0.5K units)
Lebanon (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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