CIS: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in CIS

The CIS harvesting machinery market expanded notably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period 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 maximum level at $X in 2013; afterwards, it flattened through to 2022.

Harvesting Machinery Production in CIS

In value terms, harvesting machinery production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Harvesting Machinery Exports

Exports in CIS

In 2022, the amount of root or tuber harvesting machines exported in the CIS reduced rapidly to X units, with a decrease of X% on 2021. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, harvesting machinery exports fell rapidly to $X in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus prevails in exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Russia (X units), mixing up a X% share of total exports. Kazakhstan (X units) followed a long way behind the leaders.

Exports from Belarus decreased at an average annual rate of X% from 2012 to 2022. Kazakhstan experienced a relatively flat trend pattern. Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Harvesting Machinery Imports

Imports in CIS

In 2022, purchases abroad of root or tuber harvesting machines increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports posted temperate growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, harvesting machinery imports skyrocketed to $X in 2022. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Russia prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Belarus (X units), creating a X% share of total imports. Kazakhstan (X units) and Kyrgyzstan (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to harvesting machinery imports into Russia stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, harvesting machinery imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (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, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while Kyrgyzstan ($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 import price figures.

Source: IndexBox Platform

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