CIS: Concrete Mixer Market 2024

Concrete Mixer Market Size in CIS

In 2021, the CIS concrete mixer market decreased by -12.7% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a noticeable setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Concrete Mixer Production in CIS

In value terms, concrete mixer production dropped significantly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 774%. Over the period under review, production reached the peak level at $X in 2020, and then shrank notably in the following year.

Concrete Mixer Exports

Exports in CIS

In 2021, approx. X units of concrete or mortar mixers were exported in the CIS; picking up by 87% compared with 2020. In general, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete mixer exports skyrocketed to $X in 2021. Overall, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the largest exporter of concrete or mortar mixers in the CIS, with the volume of exports finishing at X units, which was near 80% of total exports in 2021. It was distantly followed by Belarus (X units), achieving an 18% share of total exports.

Russia was also the fastest-growing in terms of the concrete or mortar mixers exports, with a CAGR of +16.4% from 2012 to 2021. At the same time, Belarus (+12.7%) displayed positive paces of growth. While the share of Russia (+6.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-4 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest concrete mixer supplier in the CIS, comprising 84% of total exports. The second position in the ranking was taken by Belarus ($X), with an 8.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +10.5%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, which is down by -5.7% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 38%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-5.1%).

Concrete Mixer Imports

Imports in CIS

In 2021, the amount of concrete or mortar mixers imported in the CIS stood at X units, increasing by 13% on 2020 figures. In general, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 46%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete mixer imports surged to $X in 2021. Over the period under review, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 58%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X units) and Kazakhstan (X units) dominates imports structure, together creating 80% of total imports. Belarus (X units) took the next position in the ranking, followed by Moldova (X units). All these countries together held near 14% share of total imports. The following importers - Uzbekistan (X units) and Kyrgyzstan (X units) - each accounted for a 3.8% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +62.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported concrete or mortar mixers in the CIS, comprising 54% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 19% share of total imports. It was followed by Kazakhstan, with a 16% share.

In Russia, concrete mixer imports decreased by an average annual rate of -7.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+12.8% per year) and Kazakhstan (+4.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, with an increase of 20% against the previous year. Import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concrete mixer import price increased by +66.2% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 38% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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