Russian Federation: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the Russian Federation

The Russian market for machine-tools for working stone, ceramics, and concrete declined slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a abrupt contraction. Over the period under review, the market reached the peak level at $X.9B in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the Russian Federation

In value terms, machine tools for working stone production dropped to $X in 2022 estimated in export price. In general, production faced a deep setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X.2B in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in shipments abroad of machine-tools for working stone, ceramics, and concrete, when their volume decreased by X% to X units. In general, exports faced a precipitous descent. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, machine tools for working stone exports fell notably to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for machine tools for working stone exports from Russia, with a X% share of total exports. Moreover, machine tools for working stone exports to Kazakhstan exceeded the volume sent to the second major destination, Armenia (X units), twofold. Mongolia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Mongolia (X% per year).

In value terms, the largest markets for machine tools for working stone exported from Russia were Mongolia ($X), Kazakhstan ($X) and Uzbekistan ($X), with a combined X% share of total exports.

Mongolia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, rising by X% against the previous year. In general, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Armenia ($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 Tajikistan (X.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into the Russian Federation

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported into Russia shrank notably to X units, reducing by X% compared with the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, machine tools for working stone imports contracted slightly to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Austria (X units) were the main suppliers of machine tools for working stone imports to Russia, together accounting for X% of total imports. Germany, Turkey, Slovakia, Israel and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Italy ($X) and Austria ($X) constituted the largest machine tools for working stone suppliers to Russia, together comprising X% of total imports. Germany, Turkey, Slovakia, Israel and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Italy ($X per unit), while the price for Spain ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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