CIS: Shank Metal Milling Tools Market 2020

Shank Metal Milling Tools Market Size in CIS

The revenue of the shank metal milling tools market in CIS amounted to $X in 2017, reducing by -X% against the previous year. The shank metal milling tools consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2013, when market value increased by X% y-o-y. In that year, the shank metal milling tools market attained their peak level of $X. From 2014 to 2017, growth of the shank metal milling tools market stood at a somewhat lower level.

Shank Metal Milling Tools Production in CIS

In 2017, approx. X units of shank type milling tools for working metal were produced in CIS; leveling off at the previous year. The shank metal milling tools production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The volume of shank metal milling tools production peaked in 2017, and is expected to retain its growth in the near future.

Shank Metal Milling Tools Exports in CIS

The exports amounted to X units in 2017, jumping by X% against the previous year. The shank metal milling tools exports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the shank metal milling tools exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, shank metal milling tools exports totaled $X in 2017. The shank metal milling tools exports continue to indicate a pronounced decrease. Over the period under review, the shank metal milling tools exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Shank Metal Milling Tools Exports by Country in CIS

Russia was the main exporter of shank type milling tools for working metal in CIS, with the volume of exports accounting for X units, which was approx. X% of total exports in 2017. It was distantly followed by Belarus (X units), generating X% share of total exports. Moldova (X units) and Kazakhstan (X units) occupied the slight share of total exports.

Exports from Russia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) and Moldova (-X%) illustrated a downward trend over the same period. While the share of Russia (X%), Moldova (X%) and Kazakhstan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Belarus (-X%) displayed negative dynamics.

In value terms, Russia ($X) remains the largest shank metal milling tools supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Moldova, with a X% share.

From 2007 to 2017, 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: Belarus (+X% per year) and Moldova (-X% per year).

Shank Metal Milling Tools Export Prices by Country in CIS

The shank metal milling tools export price in CIS stood at $X per unit in 2017, reducing by -X% against the previous year. The shank metal milling tools export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013, an increase of X% y-o-y. In that year, the export prices for shank type milling tools for working metal attained their peak level of $X per unit. From 2014 to 2017, growth of the export prices for shank type milling tools for working metal stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Moldova ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Moldova (+X% per year), while the other leaders experienced more modest paces of growth.

Shank Metal Milling Tools Imports in CIS

In 2017, the amount of shank type milling tools for working metal imported in CIS totaled X units, picking up by X% against the previous year. The shank metal milling tools imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the shank metal milling tools imports reached their peak volume of X units. From 2012 to 2017, growth of the shank metal milling tools imports failed to regain its momentum.

In value terms, shank metal milling tools imports stood at $X in 2017. The shank metal milling tools imports continue to indicate a strong expansion. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Shank Metal Milling Tools Imports by Country in CIS

Russia prevails in shank metal milling tools imports structure, finishing at X units, which was near X% of total imports in 2017. It was distantly followed by Belarus (X units), generating X% share of total imports. Kazakhstan (X units) held the weak share of total imports.

Russia was also the fastest growing in terms of the shank type milling tools for working metal imports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Russia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported shank type milling tools for working metal in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

In Russia, shank metal milling tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (-X% per year).

Shank Metal Milling Tools Import Prices by Country in CIS

The shank metal milling tools import price in CIS stood at $X per unit in 2017, reducing by -X% against the previous year. The import price indicated a modest increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the shank metal milling tools import price decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2012, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform