Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia - 2022

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $50,041 per unit in 2022, which is down by -41.6% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 3,377%. Over the period under review, average import prices attained the maximum at $167,437 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 Lithuania ($132,345 per unit), while the price for Germany ($12,950 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $207,114 per unit in 2022, jumping by 122% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 485,840%. As a result, the export price attained the peak level of $339,722 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($209,746 per unit), while the average price for exports to Kazakhstan totaled $199,216 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+469.4%).

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia

In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Russia soared to 375 units, jumping by 37% against 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +92.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped rapidly to $19M in 2022. Over the period under review, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $23M, and then contracted markedly in the following year.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Russia in 2022:

1. China (252.0 units)
2. Italy (50.0 units)
3. Finland (42.0 units)
4. Austria (14.0 units)
5. Lithuania (6.0 units)
6. Poland (1.0 units)
7. Japan (1.0 units)
8. Germany (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Russia

In 2022, shipments abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -42.9% to 4 units, falling for the second year in a row after two years of growth. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports reached the peak of 9 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $828K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47%. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Russia in 2022:

1. Estonia (3.0 units)
2. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform