CIS: Printed Circuit Market 2024

Printed Circuit Market Size in CIS

After four years of growth, the CIS printed circuit market decreased by X% to $X in 2022. 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. Over the period under review, the market attained the peak level at $X in 2021, and then dropped remarkably in the following year.

Printed Circuit Production in CIS

In value terms, printed circuit production contracted slightly to $X in 2022 estimated in export price. The total production indicated a tangible 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Printed Circuit Exports

Exports in CIS

In 2022, overseas shipments of printed circuits decreased by X% to X units, falling for the second consecutive year after four years of growth. In general, exports saw a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, printed circuit exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus represented the main exporter of printed circuits in the CIS, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Russia (X units) ranks second in terms of the total exports with a X% share, followed by Armenia (X%) and Moldova (X%). Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to printed circuit exports from Belarus stood at X%. At the same time, Armenia (X%), Moldova (X%) and Kazakhstan (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. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus, Armenia, Moldova and Kazakhstan increased by X, X, X and X percentage points, respectively.

In value terms, Armenia ($X) emerged as the largest printed circuit supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an 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 Armenia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (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, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Printed Circuit Imports

Imports in CIS

In 2022, purchases abroad of printed circuits decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Total imports indicated a moderate expansion 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. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, printed circuit imports reduced markedly to $X in 2022. Total imports indicated a tangible 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 2019 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) was the key importer of printed circuits, mixing up X% of total imports. It was distantly followed by Belarus (X units), Uzbekistan (X units) and Kazakhstan (X units), together comprising a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of printed circuits. At the same time, Kazakhstan (X%), Uzbekistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.), Kazakhstan (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

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

In Russia, printed circuit imports remained relatively stable 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

In 2022, the import price in the CIS amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2017 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 2014; however, from 2015 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 Russia ($X per unit), while Uzbekistan (less than $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 a decline in the import price figures.

Source: IndexBox Platform

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