CIS: Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2024

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in CIS

The CIS market for tyres for agriculture, forestry, construction, industry and other off the road vehicles dropped modestly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in CIS

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles reached $X in 2022 estimated in export price. In general, production recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports in CIS

In 2022, overseas shipments of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by X% to X units, falling for the fourth consecutive year after four years of growth. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports of tyres for agriculture, forestry, construction, industry and other off road vehicles reached the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles shrank sharply to $X in 2022. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the main exporter of tyres for agriculture, forestry, construction, industry and other off the road vehicles in the CIS, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. Belarus (X units) held the second position in the ranking, distantly followed by Kyrgyzstan (X units). All these countries together held approx. X% share of total exports. Kazakhstan (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to agricultural, construction and industrial machinery tyre exports from Russia stood at X%. At the same time, Kazakhstan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan and Kazakhstan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest agricultural, construction and industrial machinery tyre supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 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 mixed trends in the export price figures.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports in CIS

In 2022, supplies from abroad of tyres for agriculture, forestry, construction, industry and other off the road vehicles increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles expanded slightly to $X in 2022. Total imports indicated slight growth 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 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Russia dominates vehicles structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X units), making up a X% share of total imports. The following importers - Azerbaijan (X units), Kyrgyzstan (X units), Uzbekistan (X units) and Moldova (X units) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to agricultural, construction and industrial machinery tyre imports into Russia stood at X%. At the same time, Kyrgyzstan (X%), Azerbaijan (X%) and Moldova (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, Uzbekistan (X%) illustrated a downward trend over the same period. Russia (X p.p.), Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan 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 ($X) constitutes the largest market for imported tyres for agriculture, forestry, construction, industry and other off the road vehicles in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Moldova ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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