CIS: Vacuum Pump Market 2024

Vacuum Pump Market Size in CIS

The CIS vacuum pump market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Vacuum Pump Production in CIS

In value terms, vacuum pump production fell to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Vacuum Pump Exports

Exports in CIS

In 2022, shipments abroad of vacuum pumps decreased by X% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, vacuum pump exports declined significantly to $X in 2022. In general, exports recorded a slight slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X units) and Russia (X units) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of X%).

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Vacuum Pump Imports

Imports in CIS

In 2022, purchases abroad of vacuum pumps increased by X% to X units, rising for the seventh year in a row after two years of decline. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, vacuum pump imports fell significantly to $X in 2022. Over the period under review, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the key importing country with an import of around X units, which finished at X% of total imports. Belarus (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%). Azerbaijan (X units), Kyrgyzstan (X units), Armenia (X units) and Tajikistan (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%), Azerbaijan (X%), Armenia (X%), Belarus (X%), Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.), Azerbaijan (X p.p.) and Tajikistan (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 ($X) constitutes the largest market for imported vacuum pumps in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, vacuum pump imports shrank by 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: 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 2022, declining by X% against the previous year. Over the period under review, the import price saw a abrupt descent. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 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 ($X per unit), while Kyrgyzstan ($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

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