CIS: Inflator System Airbag Market 2024

Inflator System Airbag Market Size in CIS

The CIS inflator system airbag market reduced notably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, enjoyed a remarkable increase. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Inflator System Airbag Production in CIS

In value terms, inflator system airbag production declined to $X in 2022 estimated in export price. Overall, production, however, recorded tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Inflator System Airbag Exports

Exports in CIS

In 2022, inflator system airbag exports in the CIS declined rapidly to X tons, which is down by X% on 2021. Over the period under review, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, inflator system airbag exports shrank significantly to $X in 2022. In general, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus was the major exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Russia (X tons), constituting a X% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest inflator system airbag supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Inflator System Airbag Imports

Imports in CIS

In 2022, the amount of airbags with inflator system and parts thereof imported in the CIS fell remarkably to X tons, shrinking by X% on 2021 figures. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inflator system airbag imports shrank markedly to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Uzbekistan (X tons) and Russia (X tons) dominates imports structure, together mixing up X% of total imports. The following importers - Belarus (X tons), Azerbaijan (X tons) and Kazakhstan (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag importing markets in the CIS were Uzbekistan ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a mild setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform