CIS: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in CIS

The CIS transportation vehicle body market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, saw strong growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Transportation Vehicle Body Production in CIS

In value terms, transportation vehicle body production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a prominent increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Transportation Vehicle Body Exports

Exports in CIS

In 2022, shipments abroad of bodies for motor vehicles for the transporting people increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Uzbekistan prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Russia (X units) held a relatively small share of total exports.

Uzbekistan was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people exports, with a CAGR of X.5% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Uzbekistan ($X) emerged as the largest transportation vehicle body supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

In Uzbekistan, transportation vehicle body exports expanded at an average annual rate of X.5% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Uzbekistan amounted to $X per unit.

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

Transportation Vehicle Body Imports

Imports in CIS

In 2022, imports of bodies for motor vehicles for the transporting people in the CIS surged to X units, jumping by X% on the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, transportation vehicle body imports soared to $X in 2022. Overall, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Azerbaijan (X units), achieving a X% share of total imports. Russia (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people imports, with a CAGR of X% from 2012 to 2022. At the same time, Azerbaijan (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) and Azerbaijan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported bodies for motor vehicles for the transporting people in the CIS, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, dropping by X% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

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 Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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