Russian Federation - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Russia - 2022
Contents:
- Price for Grinding, Sanding and Polishing Machine in Russia (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Russia (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Russia
- Exports of Grinding, Sanding and Polishing Machine in Russia
Price for Grinding, Sanding and Polishing Machine in Russia (CIF) - 2022
The average import price for grinding, sanding and polishing machines stood at $740 per unit in 2022, declining by -20.1% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 57%. Over the period under review, average import prices reached the peak figure at $3,929 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 Taiwan (Chinese) ($1,641 per unit), while the price for Kyrgyzstan ($377 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+45.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Grinding, Sanding and Polishing Machine in Russia (FOB) - 2022
The average export price for grinding, sanding and polishing machines stood at $701 per unit in 2022, with an increase of 30% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grinding, sanding and polishing machine export price increased by +36.4% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $768 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,943 per unit), while the average price for exports to Kazakhstan ($384 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 Belarus (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grinding, Sanding and Polishing Machine in Russia
For the fourth consecutive year, Russia recorded growth in purchases abroad of grinding, sanding and polishing machines, which increased by 49% to 24K units in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine imports surged to $18M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 decreased by -13.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Grinding, Sanding and Polishing Machine in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.9 | 5.2 | 8.2 | 32.8% |
| Taiwan (Chinese) | 1.3 | 2.0 | 2.0 | 4.4 | 50.1% |
| Kyrgyzstan | N/A | N/A | N/A | 0.2 | 0% |
| Finland | N/A | N/A | 2.4 | N/A | 0% |
| Others | 5.9 | 15.7 | 5.2 | 4.9 | -6.0% |
| Total | 10.7 | 20.6 | 14.9 | 17.7 | 18.3% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Russia in 2022:
- China (20.2K units)
- Taiwan (Chinese) (2.7K units)
- Kyrgyzstan (0.5K units)
Exports of Grinding, Sanding and Polishing Machine in Russia
For the third year in a row, Russia recorded decline in shipments abroad of grinding, sanding and polishing machines, which decreased by -19% to 999 units in 2022. In general, exports showed a abrupt slump. The smallest decline of -6.8% was in 2020. The exports peaked at 1.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, grinding, sanding and polishing machine exports rose notably to $700K in 2022. Overall, exports continue to indicate a noticeable decline. Over the period under review, the exports hit record highs at $815K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Grinding, Sanding and Polishing Machine in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 42.3 | N/A | N/A | 362 | 104.5% |
| Belarus | 244 | 202 | 265 | 180 | -9.6% |
| Kazakhstan | 221 | 209 | 191 | 150 | -12.1% |
| Uzbekistan | 35.1 | 17.2 | 26.9 | N/A | -12.5% |
| France | 73.7 | 10.2 | N/A | N/A | -86.2% |
| Finland | 32.4 | 45.6 | 54.2 | N/A | 29.3% |
| Poland | 72.0 | 25.8 | N/A | N/A | -64.2% |
| Italy | 13.1 | 19.6 | N/A | N/A | 49.6% |
| Ukraine | 21.6 | 103 | 6.9 | N/A | -43.5% |
| Others | 60.4 | 105 | 120 | 8.8 | -47.4% |
| Total | 815 | 737 | 664 | 700 | -4.9% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Russia in 2022:
- Belarus (418.0 units)
- Kazakhstan (390.0 units)
- Germany (187.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
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:
- 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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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