Russian Federation: Concrete Pump Market 2024

Concrete Pump Market Size in the Russian Federation

The Russian concrete pump market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X.5B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Concrete Pump Production in the Russian Federation

In value terms, concrete pump production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X.4B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Concrete Pump Exports

Exports from the Russian Federation

Concrete pump exports from Russia fell rapidly to X units in 2022, waning by X% against the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete pump exports declined rapidly to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units), Armenia (X units) and Tajikistan (X units) were the main destinations of concrete pump exports from Russia, with a combined X% share of total exports. Moreover, concrete pump exports in Kazakhstan exceeded the figures recorded by the second-largest exporter, Armenia, twofold.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Kazakhstan ($X) remains the key foreign market for concrete pumps exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Armenia ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The average concrete pump export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into the Russian Federation

In 2022, approx. X units of concrete pumps were imported into Russia; declining by X% against the previous year. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, concrete pump imports declined remarkably to $X in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of concrete pump to Russia, with a X% share of total imports. Moreover, concrete pump imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), sevenfold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of concrete pumps to Russia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average concrete pump import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price continues to indicate modest growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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