CIS: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in CIS

The CIS wood milling machine market rose significantly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, saw a noticeable shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wood Milling Machine Production in CIS

In value terms, wood milling machine production reduced modestly to $X in 2022 estimated in export price. In general, production saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wood Milling Machine Exports

Exports in CIS

In 2022, exports of planing, milling or moulding machines in the CIS fell rapidly to X units, declining by X% on the previous year's figure. Over the period under review, exports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then declined significantly in the following year.

In value terms, wood milling machine exports fell remarkably to $X in 2022. Overall, exports, however, posted measured growth. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Kazakhstan represented the major exporter of planing, milling or moulding machines in the CIS, with the volume of exports reaching X units, which was near X% of total exports in 2022. Russia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%). The following exporters - Uzbekistan (X units) and Armenia (X units) - together made up X% of total exports.

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

In value terms, Russia ($X), Kazakhstan ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Wood Milling Machine Imports

Imports in CIS

In 2022, supplies from abroad of planing, milling or moulding machines increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, wood milling machine imports reduced to $X in 2022. Total imports indicated a mild 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, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Russia dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. The following importers - Kazakhstan (X units), Belarus (X units) and Uzbekistan (X units) - each finished at a X% share of total imports.

Russia was also the fastest-growing in terms of the planing, milling or moulding machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Uzbekistan experienced a relatively flat trend pattern. By contrast, Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Uzbekistan increased by X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported planing, milling or moulding machines in the CIS, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. 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 stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (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, which is down by X% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Russia ($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

Frequently Asked Questions (FAQ) :