CIS: Radio Receiver Market 2024

Radio Receiver Market Size in CIS

In 2022, the CIS radio receiver market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Radio Receiver Production in CIS

In value terms, radio receiver production skyrocketed to $X in 2022 estimated in export price. In general, production showed significant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Radio Receiver Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in shipments abroad of radio receivers, which increased by X% to X units in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radio receiver exports contracted rapidly to $X in 2022. Over the period under review, exports saw a slight increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan was the major exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Belarus (X units), committing an X% share of total exports. Russia (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the radio receivers exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Belarus increased by X and X percentage points, respectively.

In value terms, the largest radio receiver supplying countries in the CIS were Belarus ($X), Russia ($X) and Kazakhstan ($X), together comprising X% of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked 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 ($X per unit), while Kazakhstan ($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 a decline in the export price figures.

Radio Receiver Imports

Imports in CIS

In 2022, radio receiver imports in the CIS expanded modestly to X units, growing by X% against the previous year. Over the period under review, imports, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, radio receiver imports dropped significantly to $X in 2022. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia was the major importer of radio receivers in the CIS, with the volume of imports reaching X units, which was near X% of total imports in 2022. Uzbekistan (X units) held the second position in the ranking, distantly followed by Belarus (X units). All these countries together took near X% share of total imports. The following importers - Kazakhstan (X units) and Kyrgyzstan (X units) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to radio receiver imports into Russia stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Belarus (X p.p.) and Kyrgyzstan (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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Russia amounted to 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

In 2022, the import price in the CIS amounted to $X per unit, reducing by X% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :