CIS: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in CIS

The CIS agricultural forestry machinery market fell to $X in 2022, waning by X% against the previous year. The total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Agricultural Forestry Machinery Production in CIS

In value terms, agricultural forestry machinery production shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a perceptible increase. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Agricultural Forestry Machinery Exports

Exports in CIS

For the sixth year in a row, the CIS recorded growth in shipments abroad of agricultural forestry machinery (lawn or sportsground rollers), which increased by X% to X units in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, agricultural forestry machinery exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Russia represented the largest exporter of agricultural forestry machinery (lawn or sportsground rollers) in the CIS, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Belarus (X units), constituting a X% share of total exports.

Russia was also the fastest-growing in terms of the agricultural forestry machinery (lawn or sportsground rollers) exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest agricultural forestry machinery supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Agricultural Forestry Machinery Imports

Imports in CIS

Agricultural forestry machinery imports reduced to X units in 2022, declining by X% compared with the previous year. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, agricultural forestry machinery imports reduced to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

Russia was the largest importing country with an import of around X units, which accounted for X% of total imports. Kazakhstan (X units) ranks second in terms of the total imports with a X% share, followed by Moldova (X%). The following importers - Uzbekistan (X units) and Belarus (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kazakhstan (X%), Moldova (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.), Uzbekistan (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported agricultural forestry machinery (lawn or sportsground rollers) in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, agricultural forestry machinery imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable decline. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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