CIS: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in CIS

In 2022, the CIS market for machines for preparing, weaving and knitting textiles increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a slight curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Machines For Preparing, Weaving And Knitting Textiles in CIS

In value terms, textile weaving and knitting machinery production rose modestly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt descent. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports in CIS

Textile weaving and knitting machinery exports contracted notably to X units in 2022, waning by X% compared with the year before. In general, exports, however, saw a mild increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, textile weaving and knitting machinery exports declined to $X in 2022. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Kazakhstan (X units) and Uzbekistan (X units) represented roughly X% of total exports in 2022. Belarus (X units) held the next position in the ranking, followed by Russia (X units) and Tajikistan (X units). All these countries together held near X% share of total exports. The following exporters - Armenia (X units) and Kyrgyzstan (X units) - each resulted at a X% share of total exports.

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

In value terms, Kazakhstan ($X) emerged as the largest textile weaving and knitting machinery supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports in CIS

Textile weaving and knitting machinery imports soared to X units in 2022, rising by X% against the year before. Overall, imports posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, textile weaving and knitting machinery imports reached $X in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units) and Uzbekistan (X units) prevails in imports structure, together comprising X% of total imports. The following importers - Azerbaijan (X units), Tajikistan (X units) and Belarus (X units) - together made up X% of total imports.

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

In value terms, Uzbekistan ($X) constitutes the largest market for imported machines for preparing, weaving and knitting textiles in the CIS, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, saw a mild increase. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 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 ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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