Price for Vehicles; Mobile Drilling Derricks in Russia - 2022

Contents:

1. Price for Vehicles; Mobile Drilling Derricks in Russia (FOB) - 2022
2. Price for Vehicles; Mobile Drilling Derricks in Russia (CIF) - 2022
3. Exports of Vehicles; Mobile Drilling Derricks in Russia
4. Imports of Vehicles; Mobile Drilling Derricks in Russia

Price for Vehicles; Mobile Drilling Derricks in Russia (FOB) - 2022

The average vehicles; mobile drilling derricks export price stood at $82,933 per unit in 2022, shrinking by -27.7% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52% against the previous year. The export price peaked at $149,799 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($112,174 per unit), while the average price for exports to Belarus stood at $52,229 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vehicles; Mobile Drilling Derricks in Russia (CIF) - 2022

In 2022, the average vehicles; mobile drilling derricks import price amounted to $88,250 per unit, rising by 61% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 242% against the previous year. As a result, import price attained the peak level of $991,078 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +11.7% per year.

Exports of Vehicles; Mobile Drilling Derricks in Russia

In 2022, approx. 123 units of vehicles; mobile drilling derrickses were exported from Russia; shrinking by -3.9% compared with 2021 figures. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 146%. As a result, the exports reached the peak of 128 units, and then shrank slightly in the following year.

In value terms, vehicles; mobile drilling derricks exports declined rapidly to $10M in 2022. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 157% against the previous year. As a result, the exports reached the peak of $15M, and then contracted rapidly in the following year.

Top Export Markets for Vehicles; Mobile Drilling Derricks from Russia in 2022:

1. Georgia (63.0 units)
2. Belarus (60.0 units)

Imports of Vehicles; Mobile Drilling Derricks in Russia

Vehicles; mobile drilling derricks imports into Russia shrank markedly to 19 units in 2022, with a decrease of -24% on the previous year. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1,150% against the previous year. Imports peaked at 26 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vehicles; mobile drilling derricks imports soared to $1.7M in 2022. Over the period under review, imports showed a precipitous shrinkage. Imports peaked at $7.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Vehicles; Mobile Drilling Derricks to Russia in 2022:

1. Japan (19.0 units)

Source: IndexBox Market Intelligence Platform