CIS: Fuel Filter Market 2024

Fuel Filter Market Size in CIS

After two years of growth, the CIS fuel filter market decreased by X% to $X in 2022. The total consumption indicated a pronounced expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Fuel Filter Production in CIS

In value terms, fuel filter production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Fuel Filter Exports

Exports in CIS

In 2022, approx. X units of oil or petrol-filters for internal combustion engines were exported in the CIS; which is down by X% against 2021. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, fuel filter exports rose remarkably to $X in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the largest exporter of oil or petrol-filters for internal combustion engines in the CIS, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. Belarus (X units) took the second position in the ranking, distantly followed by Kazakhstan (X units). All these countries together took near X% share of total exports. Armenia (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fuel filter exports from Russia stood at X%. At the same time, Armenia (X%), Kazakhstan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belarus, Kazakhstan, Armenia and Kyrgyzstan increased by X, X, X and X percentage points, respectively.

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

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

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated buoyant 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, fuel filter export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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 Armenia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Fuel Filter Imports

Imports in CIS

In 2022, after two years of growth, there was significant decline in overseas purchases of oil or petrol-filters for internal combustion engines, when their volume decreased by X% to X units. Total imports indicated temperate growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, fuel filter imports fell to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2022. Belarus (X units) took the second position in the ranking, followed by Kazakhstan (X units) and Azerbaijan (X units). All these countries together took approx. X% share of total imports. The following importers - Kyrgyzstan (X units), Armenia (X units) and Uzbekistan (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Azerbaijan (X%), Armenia (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Azerbaijan (X p.p.), Belarus (X p.p.), Kyrgyzstan (X p.p.) and Uzbekistan (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported oil or petrol-filters for internal combustion engines in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($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, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 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 ($X per unit), while Azerbaijan ($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 more modest paces of growth.

Source: IndexBox Platform

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