CIS: Way-Type Unit Head Market 2024

Way-Type Unit Head Market Size in CIS

The CIS way-type unit head market contracted remarkably to $X in 2021, reducing by -33% against the previous year. In general, consumption, however, saw prominent growth. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Way-Type Unit Head Production in CIS

In value terms, way-type unit head production shrank rapidly to $X in 2021 estimated in export price. In general, production, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 191%. As a result, production reached the peak level of $X, and then shrank sharply in the following year.

Way-Type Unit Head Exports

Exports in CIS

In 2021, shipments abroad of way-type unit heads for working metal decreased by -6.3% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2016 when exports increased by 1,455% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, way-type unit head exports skyrocketed to $X in 2021. Over the period under review, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2016 when exports increased by 863%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus was the main exporting country with an export of around X tons, which reached 79% of total exports. It was distantly followed by Russia (X kg), committing a 20% share of total exports.

Belarus was also the fastest-growing in terms of the way-type unit heads for working metal exports, with a CAGR of -13.7% from 2012 to 2021. Russia (-33.6%) illustrated a downward trend over the same period. Belarus (+52 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -52.5% from 2012 to 2021, respectively.

In value terms, Belarus ($X) remains the largest way-type unit head supplier in the CIS, comprising 83% of total exports. The second position in the ranking was taken by Russia ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belarus totaled -14.9%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, rising by 40% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 75% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-1.4%).

Way-Type Unit Head Imports

Imports in CIS

In 2021, approx. X tons of way-type unit heads for working metal were imported in the CIS; flattening at the previous year's figure. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 215%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, way-type unit head imports shrank dramatically to $X in 2021. Over the period under review, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 152%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Belarus represented the main importing country with an import of about X tons, which accounted for 57% of total imports. It was distantly followed by Russia (X tons), making up a 35% share of total imports. Kyrgyzstan (X kg) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +34.2%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belarus ($X) constitutes the largest market for imported way-type unit heads for working metal in the CIS, comprising 71% of total imports. The second position in the ranking was taken by Russia ($X), with a 16% share of total imports.

In Belarus, way-type unit head imports expanded at an average annual rate of +25.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-28.5% per year) and Kyrgyzstan (-4.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, waning by -39% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 19%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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