CIS: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in CIS

The revenue of the non-propelled vehicle axle market in CIS amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. In that year, the non-propelled vehicle axle market attained their peak level of $X. From 2009 to 2017, growth of the non-propelled vehicle axle market stood at a somewhat lower level.

Non-Propelled Vehicle Axle Production in CIS

In 2017, non-propelled vehicle axle production in CIS amounted to X tons, therefore, remained relatively stable against the previous year. The non-propelled vehicle axle production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Over the period under review, the non-propelled vehicle axle production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Non-Propelled Vehicle Axle Exports in CIS

In 2017, exports of axles of vehicles which are not mechanically propelled in CIS totaled X tons, going up by X% against the previous year. The non-propelled vehicle axle exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the non-propelled vehicle axle exports attained their peak volume of X tons. From 2014 to 2017, growth of the non-propelled vehicle axle exports failed to regain its momentum.

In value terms, non-propelled vehicle axle exports totaled $X in 2017. The non-propelled vehicle axle exports continue to indicate a notable expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Non-Propelled Vehicle Axle Exports by Country in CIS

Belarus represented the largest exporter of axles of vehicles which are not mechanically propelled in CIS, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Russia (X tons) and Moldova (X tons), together committing X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to non-propelled vehicle axle exports from Belarus stood at +X%. At the same time, Moldova (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Moldova, Russia and Belarus decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-propelled vehicle axle markets worldwide were Belarus ($X), Russia ($X) and Moldova ($X), with a combined X% share of total exports.

Moldova (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Non-Propelled Vehicle Axle Export Prices by Country in CIS

In 2017, the non-propelled vehicle axle export price in CIS amounted to $X per ton, reducing by -X% against the previous year. The non-propelled vehicle axle export price continues to indicate a mild slump. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. In that year, the export prices for axles of vehicles which are not mechanically propelled reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for axles of vehicles which are not mechanically propelled stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Moldova (+X% per year), while the other leaders experienced a decline in the export price figures.

Non-Propelled Vehicle Axle Imports in CIS

In 2017, approx. X tons of axles of vehicles which are not mechanically propelled were imported in CIS; growing by X% against the previous year. The non-propelled vehicle axle imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, non-propelled vehicle axle imports stood at $X in 2017. The non-propelled vehicle axle imports continue to indicate a remarkable increase. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Non-Propelled Vehicle Axle Imports by Country in CIS

Russia dominates non-propelled vehicle axle imports structure, accounting for X tons, which was approx. X% of total imports in 2017. Belarus (X tons) followed a long way behind the leaders.

Russia was also the fastest growing in terms of the axles of vehicles which are not mechanically propelled imports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. While the share of Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported axles of vehicles which are not mechanically propelled in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports.

In Russia, non-propelled vehicle axle imports expanded at an average annual rate of +X% over the period from 2007-2017.

Non-Propelled Vehicle Axle Import Prices by Country in CIS

The non-propelled vehicle axle import price in CIS stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Belarus ($X per ton) and Russia ($X per ton), while Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year).

Source: IndexBox Platform