CIS: Hedge Shear Market 2024

Hedge Shear Market Size in CIS

In 2022, after four years of growth, there was decline in the CIS hedge shear market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Hedge Shear Production in CIS

In value terms, hedge shear production reached $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Hedge Shear Exports

Exports in CIS

After two years of growth, shipments abroad of hedge shears and two-handed pruning shears decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, hedge shear exports contracted sharply to $X in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Russia dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Belarus (X kg), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hedge shear exports from Russia stood at X%. 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. From 2012 to 2022, the share of Belarus increased by X percentage points.

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

In Russia, hedge shear exports contracted 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, growing by X% against the previous year. Export price indicated a measured 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, hedge shear export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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 ton), while Belarus amounted to $X per ton.

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

Hedge Shear Imports

Imports in CIS

After five years of growth, overseas purchases of hedge shears and two-handed pruning shears decreased by X% to X tons in 2022. Overall, imports, however, saw a strong increase. 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 reached the maximum at X tons in 2021, and then shrank sharply in the following year.

In value terms, hedge shear imports reduced notably to $X in 2022. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belarus (X tons), generating a X% share of total imports. Kazakhstan (X tons), Azerbaijan (X tons), Moldova (X tons), Uzbekistan (X tons) and Armenia (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Moldova (X%), Azerbaijan (X%), Belarus (X%) and Armenia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus, Uzbekistan, Azerbaijan and Moldova increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hedge shears and two-handed pruning shears in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 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 ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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