Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Russia - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.4 per unit, declining by -19.3% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 213% against the previous year. The import price peaked at $4.3 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($0.6 per unit), while the price for China totaled $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $1.6 per unit in 2022, surging by 56% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1.6 per unit), while the average price for exports to Kyrgyzstan ($0.7 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 Kazakhstan (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia

In 2022, after three years of growth, there was significant decline in purchases abroad of drawing, marking-out or mathematical calculating instrumentses, when their volume decreased by -7.4% to 12M units. The total import volume increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of 13M units, and then contracted in the following year.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses fell notably to $5.4M in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $7.3M, and then reduced remarkably in the following year.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.33.95.34.813.3%
Others1.51.32.00.6-26.3%
Total4.85.27.35.44.0%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Russia in 2022:

  1. China (12.0M units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia

In 2022, approx. 121K units of drawing, marking-out or mathematical calculating instrumentses were exported from Russia; which is down by -81.6% compared with 2021 figures. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked at 784K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted dramatically to $198K in 2022. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, the exports attained the peak of $693K, and then dropped remarkably in the following year.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan207228288168-6.7%
Armenia38.120.421.27.2-42.6%
Kyrgyzstan53.93.76.83.0-61.8%
Belarus260239315N/A10.1%
Others10069.462.619.6-41.9%
Total659561693198-33.0%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Russia in 2022:

  1. Kazakhstan (106.3K units)
  2. Armenia (7.5K units)
  3. Kyrgyzstan (4.1K units)

Source: IndexBox Market Intelligence Platform

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