Russian Federation: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in the Russian Federation

In 2022, the Russian agricultural product dryer market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a deep reduction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Agricultural Product Dryer Production in the Russian Federation

In value terms, agricultural product dryer production soared to $X in 2022 estimated in export price. In general, production showed prominent growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Agricultural product dryer production peaked in 2022 and is likely to continue growth in the immediate term.

Agricultural Product Dryer Exports

Exports from the Russian Federation

In 2022, overseas shipments of dryers for the treatment of agricultural products decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, agricultural product dryer exports fell markedly to $X in 2022. Over the period under review, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Moldova (X units) was the main destination for agricultural product dryer exports from Russia, accounting for a X% share of total exports. Moreover, agricultural product dryer exports to Moldova exceeded the volume sent to the second major destination, Uzbekistan (X units), sixfold.

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

In value terms, Moldova ($X) emerged as the key foreign market for dryers for the treatment of agricultural products exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

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

Export Prices by Country

The average agricultural product dryer export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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

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

Agricultural Product Dryer Imports

Imports into the Russian Federation

In 2021, after five years of growth, there was significant decline in supplies from abroad of dryers for the treatment of agricultural products, when their volume decreased by X% to X units. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2020, and then reduced in the following year.

In value terms, agricultural product dryer imports dropped remarkably to $X in 2021. In general, imports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of $X, and then fell significantly in the following year.

Imports by Country

Belarus (X units), Poland (X units) and the UK (X units) were the main suppliers of agricultural product dryer imports to Russia, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the UK ($X) and Finland ($X) constituted the largest agricultural product dryer suppliers to Russia, together accounting for X% of total imports.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average agricultural product dryer import price stood at $X per unit in 2021, with a decrease of X% against the previous year. Overall, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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