CIS: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in CIS

The CIS market for fully or partly automatic electric machines for arc welding of metals contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in CIS

In value terms, production of fully or partly automatic electric machines for arc welding of metals declined to $X in 2022 estimated in export price. In general, production recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in CIS

In 2022, after five years of growth, there was significant decline in shipments abroad of fully or partly automatic electric machines for arc welding of metals, when their volume decreased by X% to X units. In general, exports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals declined significantly to $X in 2022. Over the period under review, exports, however, saw moderate growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Russia represented the major exporting country with an export of around X units, which amounted to X% of total exports. Kazakhstan (X units) ranks second in terms of the total exports with a X% share, followed by Belarus (X%) and Moldova (X%).

From 2012 to 2022, average annual rates of growth with regard to fully or partly automatic arc welding machine exports from Russia stood at X%. At the same time, Kazakhstan (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.), Russia (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, the largest fully or partly automatic arc welding machine supplying countries in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), with a combined X% share of total exports.

Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, falling by X% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fully or partly automatic electric machines for arc welding of metals decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 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 Belarus ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in CIS

In 2022, supplies from abroad of fully or partly automatic electric machines for arc welding of metals decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports, however, showed tangible growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals shrank sharply to $X in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belarus (X units) and Russia (X units) dominates metals structure, together committing X% of total imports. It was distantly followed by Kazakhstan (X units), comprising a X% share of total imports. The following importers - Uzbekistan (X units), Kyrgyzstan (X units) and Armenia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported fully or partly automatic electric machines for arc welding of metals in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. 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 unit, waning by X% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, import prices attained the maximum 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 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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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