Russian Federation: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in the Russian Federation

The Russian electronic metal tester market declined to $X.4B in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, posted a buoyant expansion. Electronic metal tester consumption peaked at $X.3B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Electronic Metal Tester Production in the Russian Federation

In value terms, electronic metal tester production shrank to $X.7B in 2022 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X.1B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Electronic Metal Tester Exports

Exports from the Russian Federation

Electronic metal tester exports from Russia shrank sharply to X units in 2022, declining by X% on the year before. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electronic metal tester exports declined markedly to $X in 2022. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units), Germany (X units) and Finland (X units) were the main destinations of electronic metal tester exports from Russia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Kazakhstan ($X) and Uzbekistan ($X) appeared to be the largest markets for electronic metal tester exported from Russia worldwide, with a combined X% share of total exports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electronic metal tester export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Kyrgyzstan ($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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Metal Tester Imports

Imports into the Russian Federation

In 2022, approx. X units of electronic machines and appliances for testing metals were imported into Russia; growing by X% against 2021. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, electronic metal tester imports dropped notably to $X in 2022. In general, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electronic metal tester supplier to Russia, with a X% share of total imports. Moreover, electronic metal tester imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Switzerland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Switzerland (X% per year).

In value terms, the largest electronic metal tester suppliers to Russia were China ($X), Switzerland ($X) and Germany ($X), with a combined X% share of total imports. The Czech Republic, Latvia, the United States, the UK and Austria lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average electronic metal tester import price amounted to $X per unit, falling by X% against the previous year. In general, the import price faced a abrupt contraction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :