CIS: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in CIS

The CIS jacks and hoists market declined significantly to $X in 2022, falling by X% against the previous year. In general, consumption saw a abrupt contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Jacks And Hoists Production in CIS

In value terms, jacks and hoists production shrank to $X in 2022 estimated in export price. In general, production showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Jacks And Hoists Exports

Exports in CIS

Jacks and hoists exports reduced rapidly to X units in 2022, with a decrease of X% against the year before. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The volume of export peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, jacks and hoists exports contracted notably to $X in 2022. Overall, exports faced a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Russia (X units) represented the major exporter of jacks and hoists for raising vehicles, comprising X% of total exports. Belarus (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Armenia (X%). Uzbekistan (X units) took a minor share of total exports.

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

In Russia, jacks and hoists exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Armenia (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt contraction. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Jacks And Hoists Imports

Imports in CIS

In 2022, approx. X units of jacks and hoists for raising vehicles were imported in the CIS; with a decrease of X% against the previous year's figure. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped remarkably in the following year.

In value terms, jacks and hoists imports shrank notably to $X in 2022. Over the period under review, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced markedly in the following year.

Imports by Country

Russia prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. Belarus (X units) held the second position in the ranking, followed by Kazakhstan (X units). All these countries together held approx. X% share of total imports. The following importers - Uzbekistan (X units) and Kyrgyzstan (X units) - each accounted for a X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan 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. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. Belarus (X p.p.), Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported jacks and hoists for raising vehicles in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, jacks and hoists imports declined 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 unit, with an increase of X% against the previous year. Import price indicated perceptible growth 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, jacks and hoists import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the 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

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