CIS: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in CIS

The CIS non-numerically controlled sharpening machine market contracted slightly to $X in 2022, falling by X% against the previous year. The market 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 level of consumption peaked at $X in 2021, and then fell in the following year.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in CIS

In value terms, non-numerically controlled sharpening machine production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports in CIS

After six years of growth, overseas shipments of non-numerically controlled sharpening machines for working metal decreased by X% to X units in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then fell modestly in the following year.

In value terms, non-numerically controlled sharpening machine exports reduced to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Belarus represented the key exporter of non-numerically controlled sharpening machines for working metal in the CIS, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X units), comprising a X% share of total exports.

Belarus was also the fastest-growing in terms of the non-numerically controlled sharpening machines for working metal exports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. 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, the largest non-numerically controlled sharpening machine supplying countries in the CIS were Russia ($X) and Belarus ($X).

In terms of the main exporting countries, Russia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when the export price decreased by X%. 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 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 Non-Numerically Controlled Sharpening Machines For Working Metal

Imports in CIS

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were imported in the CIS; which is down by X% against the previous year's figure. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, non-numerically controlled sharpening machine imports shrank to $X in 2022. Overall, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) represented the largest importer of non-numerically controlled sharpening machines for working metal, making up X% of total imports. It was distantly followed by Belarus (X units), achieving a X% share of total imports. Kazakhstan (X units) and Moldova (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-numerically controlled sharpening machine imports into Russia stood at X%. At the same time, Moldova (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Moldova 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. While the share of Belarus (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) and Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported non-numerically controlled sharpening machines for working metal in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, non-numerically controlled sharpening machine imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2015 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 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 Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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