Russian Federation: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in the Russian Federation

The Russian market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables fell significantly to $X in 2023, dropping by X% against the previous year. In general, consumption saw a noticeable decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in the Russian Federation

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables declined to $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports from the Russian Federation

In 2023, shipments abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables expanded slightly to $X in 2023. Over the period under review, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X units) was the main destination for exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from Russia, with a X% share of total exports. Moreover, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables to Moldova exceeded the volume sent to the second major destination, Armenia (X units), twofold. The third position in this ranking was held by Turkey (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Moldova amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Turkey (X% per year).

In value terms, Moldova ($X) emerged as the key foreign market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exports from Russia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Moldova stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Armenia (X% per year).

Export Prices by Country

The average export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Armenia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports into the Russian Federation

In 2023, purchases abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables was finally on the rise to reach X units after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables soared to $X in 2023. Overall, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of seed cleaning, sorting and grading machine to Russia, accounting for a X% share of total imports. Moreover, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Germany (X% per year).

In value terms, the largest seed cleaning, sorting and grading machine suppliers to Russia were Germany ($X), China ($X) and Turkey ($X), together accounting for X% of total imports. Lithuania and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2023, the average import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables amounted to $X per unit, shrinking by X% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2022, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform