CIS: Concrete Pump Market 2024

Concrete Pump Market Size in CIS

The CIS concrete pump market totaled $X.8B in 2022, remaining stable against the previous year. Overall, consumption, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of consumption peaked at $X.9B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Concrete Pump Production in CIS

In value terms, concrete pump production stood at $X.1B in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X.8B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Concrete Pump Exports

Exports in CIS

In 2022, after two years of growth, there was significant decline in overseas shipments of concrete pumps, when their volume decreased by X% to X units. Overall, exports, however, posted strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete pump exports fell significantly to $X in 2022. Over the period under review, exports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. The following exporters - Russia (X units) and Azerbaijan (X units) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to concrete pump exports from Belarus stood at X%. At the same time, Azerbaijan (X%) displayed positive paces of growth. Moreover, Azerbaijan 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 Azerbaijan (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, Belarus ($X) remains the largest concrete pump supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

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 Russia ($X per unit), while Belarus ($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 export price figures.

Concrete Pump Imports

Imports in CIS

In 2022, approx. X units of concrete pumps were imported in the CIS; waning by X% on the year before. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, concrete pump imports fell significantly to $X in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X units) and Russia (X units) prevails in imports structure, together comprising X% of total imports. Kazakhstan (X units) ranks next in terms of the total imports with a X% share, followed by Uzbekistan (X%). Armenia (X units) and Tajikistan (X units) took a minor share of total imports.

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

In value terms, Russia ($X) constitutes the largest market for imported concrete pumps in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an X% share of total imports. It was followed by Belarus, with an X% share.

In Russia, concrete pump imports decreased by 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 Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked 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 Kazakhstan ($X per unit), while Belarus ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :