CIS: Market for Vacuum Flasks and Vessels 2024

Exports of Vacuum Flasks and Vessels

Exports in CIS

In 2022, overseas shipments of vacuum flasks and vessels increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vacuum flask and vessel exports surged to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Belarus was the key exporter of vacuum flasks and vessels in the CIS, with the volume of exports reaching X units, which was near X% of total exports in 2022. Armenia (X units) held the second position in the ranking, followed by Russia (X units). All these countries together held approx. X% share of total exports. The following exporters - Uzbekistan (X units), Kazakhstan (X units) and Kyrgyzstan (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to vacuum flask and vessel exports from Belarus stood at X%. At the same time, Uzbekistan (X%), Armenia (X%), Kazakhstan (X%), Kyrgyzstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.), Armenia (X p.p.), Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) and Russia (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X) emerged as the largest vacuum flask and vessel supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Armenia, with an X% share.

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

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price faced a abrupt decline. 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 failed to regain momentum.

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 ($X per unit), while Uzbekistan ($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 more modest paces of growth.

Imports of Vacuum Flasks and Vessels

Imports in CIS

In 2022, the amount of vacuum flasks and vessels imported in the CIS dropped slightly to X units, waning by X% against 2021 figures. In general, imports, however, saw measured growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vacuum flask and vessel imports reduced to $X in 2022. Total imports indicated a measured increase 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 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Russia (X units) and Uzbekistan (X units) prevails in imports structure, together making up X% of total imports. Kazakhstan (X units) took the next position in the ranking, followed by Belarus (X units). All these countries together took approx. X% share of total imports. The following importers - Azerbaijan (X units) and Kyrgyzstan (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported vacuum flasks and vessels in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, vacuum flask and vessel 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, shrinking by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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 ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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