CIS: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in CIS

In 2023, the CIS steam blasting machine market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a perceptible shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in CIS

In value terms, steam blasting machine production fell to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Steam Blasting Machine Exports

Exports in CIS

In 2023, approx. X units of steam or sand blasting machines and similar jet-projecting machines were exported in the CIS; picking up by X% against the previous year. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, steam blasting machine exports surged to $X in 2023. In general, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) and Belarus (X units) dominates exports structure, together comprising X% of total exports. Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual growth rate of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per unit, falling by X% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, 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.

Steam Blasting Machine Imports

Imports in CIS

After three years of growth, purchases abroad of steam or sand blasting machines and similar jet-projecting machines decreased by X% to X units in 2023. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2022, and then declined in the following year.

In value terms, steam blasting machine imports rose notably to $X in 2023. Overall, imports saw a noticeable setback. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, reaching X units, which was approx. X% of total imports in 2023. Uzbekistan (X units) took the second position in the ranking, followed by Azerbaijan (X units). All these countries together held approx. X% share of total imports. The following importers - Kazakhstan (X units) and Belarus (X units) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to steam blasting machine imports into Russia stood at X%. At the same time, Uzbekistan (X%), Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Belarus experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belarus (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belarus ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2023, 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