CIS: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in CIS

After six years of growth, the CIS market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) decreased by X% to $X in 2022. In general, consumption, however, showed a strong expansion. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in CIS

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in CIS

Exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to X units in 2022, growing by X% against 2021. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) reduced dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Belarus prevails in aircraft) structure, recording X units, which was near X% of total exports in 2022. Russia (X units) followed a long way behind the leaders.

Belarus was also the fastest-growing in terms of the internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports, with a CAGR of X% from 2012 to 2022. Russia (X%) illustrated a downward trend over the same period. 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 ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 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 2016 to 2022, the export prices remained at a 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 amounted to $X per unit.

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

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in CIS

In 2022, after four years of growth, there was significant decline in purchases abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), when their volume decreased by X% to X units. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2022. In general, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Russia represented the largest importer of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in the CIS, with the volume of imports reaching X units, which was near X% of total imports in 2022. It was distantly followed by Azerbaijan (X units), committing a X% share of total imports. Belarus (X units) 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, Azerbaijan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Azerbaijan (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, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) importing markets in the CIS were Russia ($X), Azerbaijan ($X) and Belarus ($X), with a combined X% share of total imports.

In terms of the main importing countries, Azerbaijan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Azerbaijan ($X per unit), while Russia ($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 a decline in the import price figures.

Source: IndexBox Platform

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