CIS: Parachute Market 2023

Parachute Market Size in CIS

In 2022, the CIS parachute market increased by X% to $X for the first time since 2015, thus ending a six-year declining trend. Overall, consumption, however, recorded a perceptible reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Parachute Production in CIS

In value terms, parachute production totaled $X in 2022 estimated in export price. In general, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded 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.

Parachute Exports

Exports in CIS

In 2022, overseas shipments of parachutes and rotochutes decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, parachute exports soared to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan was the main exporting country with an export of about X tons, which recorded X% of total exports. Kyrgyzstan (X kg) held the second position in the ranking, followed by Belarus (X kg). All these countries together took approx. X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the parachutes and rotochutes exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Kyrgyzstan and Belarus increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price showed moderate growth. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

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

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

Parachute Imports

Imports in CIS

In 2022, after two years of decline, there was significant growth in purchases abroad of parachutes and rotochutes, when their volume increased by X% to X tons. Over the period under review, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, parachute imports skyrocketed to $X in 2022. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. Belarus (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the parachutes and rotochutes imports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported parachutes and rotochutes in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports.

In Kazakhstan, parachute imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Source: IndexBox Platform

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