CIS: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in CIS

The CIS electromagnetic lifting head market contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a perceptible contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Electromagnetic Lifting Head Production in CIS

In value terms, electromagnetic lifting head production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Electromagnetic Lifting Head Exports

Exports in CIS

For the fourth year in a row, the CIS recorded growth in overseas shipments of electromagnets and electromagnetic lifting heads, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electromagnetic lifting head exports dropped slightly to $X in 2022. Overall, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia represented the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Belarus (X tons), committing a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of electromagnets and electromagnetic lifting heads. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest electromagnetic lifting head supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

In Russia, electromagnetic lifting head exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

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

Electromagnetic Lifting Head Imports

Imports in CIS

In 2022, the amount of electromagnets and electromagnetic lifting heads imported in the CIS soared to X tons, growing by X% against the year before. Overall, imports showed noticeable growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electromagnetic lifting head imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the major importer of electromagnets and electromagnetic lifting heads in the CIS, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Kazakhstan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%) and Belarus (X%).

From 2012 to 2022, average annual rates of growth with regard to electromagnetic lifting head imports into Russia stood at X%. At the same time, Kazakhstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Belarus experienced a relatively flat trend pattern. Kazakhstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Russia, electromagnetic lifting head 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

In 2022, the import price in the CIS amounted to $X per ton, stabilizing at the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) 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 a decline in the import price figures.

Source: IndexBox Platform

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