CIS: Electroplating Machine Market 2024

Electroplating Machine Market Size in CIS

In 2022, the CIS electroplating machine market increased by X% to $X, rising for the second year in a row after six years of decline. In general, consumption showed a deep slump. Over the period under review, the market attained the peak level at $X.4B in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Electroplating Machine Production in CIS

In value terms, electroplating machine production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X.1B. From 2014 to 2022, production growth failed to regain momentum.

Electroplating Machine Exports

Exports in CIS

In 2022, approx. X units of machines for electroplating, electrolysis or electrophoresis were exported in the CIS; waning by X% against 2021 figures. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, electroplating machine exports reduced markedly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Belarus (X units) was the key exporter of machines for electroplating, electrolysis or electrophoresis, constituting X% of total exports. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Azerbaijan (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In Russia, electroplating machine exports declined 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 Azerbaijan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, faced a abrupt setback. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 ($X per unit), while Azerbaijan ($X per unit) 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 a decline in the export price figures.

Electroplating Machine Imports

Imports in CIS

After two years of growth, purchases abroad of machines for electroplating, electrolysis or electrophoresis decreased by X% to X units in 2022. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X units in 2021, and then declined significantly in the following year.

In value terms, electroplating machine imports dropped notably to $X in 2022. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Belarus (X units) and Russia (X units) dominates imports structure, together achieving X% of total imports. It was distantly followed by Kazakhstan (X units), comprising an X% share of total imports. Uzbekistan (X units) followed a long way behind the leaders.

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

In value terms, Kazakhstan ($X), Russia ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, declining by X% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Belarus ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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