CIS: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024

Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in CIS

The CIS market for numerically controlled knee-type milling machines for working metal fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in CIS

In value terms, numerically controlled knee-type milling machine production declined to $X in 2022 estimated in export price. Over the period under review, production saw a mild contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Exports in CIS

Numerically controlled knee-type milling machine exports dropped markedly to X units in 2022, reducing by X% compared with 2021. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, numerically controlled knee-type milling machine exports dropped dramatically to $X in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Belarus (X units), together accounting for X% of total export.

Belarus was also the fastest-growing in terms of the numerically controlled knee-type milling machines for working metal exports, with a CAGR of X% from 2012 to 2022. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) also remains the largest numerically controlled knee-type milling machine supplier in the CIS.

In Belarus, numerically controlled knee-type milling machine exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to X% per year.

Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Imports in CIS

In 2022, the amount of numerically controlled knee-type milling machines for working metal imported in the CIS declined significantly to X units, falling by X% against the year before. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, numerically controlled knee-type milling machine imports fell significantly to $X in 2022. Over the period under review, imports, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, reaching X units, which was approx. X% of total imports in 2022. The following importers - Uzbekistan (X units), Armenia (X units), Belarus (X units) and Kazakhstan (X units) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the numerically controlled knee-type milling machines for working metal imports, with a CAGR of X% from 2012 to 2022. Armenia experienced a relatively flat trend pattern. Uzbekistan (X%), Kazakhstan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Armenia increased by X and X percentage points, respectively.

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

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

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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