Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $14,803 per ton in 2022, reducing by -24.4% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 13%. As a result, import price attained the peak level of $27,988 per ton. From 2017 to 2022, the average import prices remained at a 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 the United States ($58,638 per ton), while the price for China ($7,537 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (FOB) - 2022
In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $10,497 per ton, dropping by -25.3% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27%. As a result, the export price reached the peak level of $24,067 per ton. 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 Singapore ($33,191 per ton), while the average price for exports to Ukraine ($4,714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia
After three years of growth, purchases abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -29.5% to 11K tons in 2022. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19%.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses fell dramatically to $160M in 2022. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 16%.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 15.2 | 26.3 | 46.3 | 30.8% |
| South Korea | 11.2 | 17.1 | 16.8 | 23.4 | 27.8% |
| Germany | 53.6 | 61.7 | 62.0 | 15.3 | -34.2% |
| Japan | 6.5 | 10.6 | 5.9 | 11.1 | 19.5% |
| Italy | 31.6 | 29.9 | 47.7 | 9.1 | -34.0% |
| Turkey | 0.6 | 1.1 | 2.6 | 8.4 | 141.0% |
| Netherlands | 13.0 | 12.3 | 16.4 | 4.6 | -29.3% |
| United Kingdom | 2.4 | 21.9 | 7.5 | 1.5 | -14.5% |
| Lithuania | 10.1 | 12.5 | 12.0 | 1.2 | -50.8% |
| Ukraine | 2.8 | 6.4 | 4.8 | 0.4 | -47.7% |
| Belarus | 13.4 | 8.3 | 3.6 | N/A | -48.2% |
| Others | 65.0 | 72.2 | 94.1 | 38.4 | -16.1% |
| Total | 231 | 269 | 300 | 160 | -11.5% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Russia in 2022:
- China (6147.9 tons)
- South Korea (899.7 tons)
- Germany (752.0 tons)
- Italy (538.9 tons)
- Japan (499.4 tons)
- Turkey (374.7 tons)
- Netherlands (226.3 tons)
- Lithuania (62.1 tons)
- Ukraine (42.7 tons)
- United Kingdom (29.8 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia
After three years of growth, shipments abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -40.4% to 663 tons in 2022. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of 1.1K tons, and then contracted sharply in the following year.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses contracted notably to $7M in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $16M, and then declined dramatically in the following year.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3,892 | 2,245 | 3,085 | 3,408 | -4.3% |
| Poland | 0.1 | 67.6 | 493 | 789 | 1890.8% |
| Singapore | 2,357 | 2,871 | 4,239 | 449 | -42.5% |
| Azerbaijan | 53.6 | 108 | 402 | 270 | 71.4% |
| Germany | 821 | 1,432 | 535 | 54.5 | -59.5% |
| Italy | 259 | 390 | 181 | 28.4 | -52.1% |
| Georgia | 53.6 | 161 | 215 | 26.0 | -21.4% |
| Ukraine | 86.1 | 209 | 289 | 19.3 | -39.3% |
| United Kingdom | 208 | 295 | 189 | 15.0 | -58.4% |
| Belarus | 1,746 | 2,119 | 2,936 | N/A | 29.7% |
| Others | 3,795 | 2,517 | 3,048 | 1,897 | -20.6% |
| Total | 13,272 | 12,413 | 15,611 | 6,955 | -19.4% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Russia in 2022:
- Kazakhstan (487.7 tons)
- Poland (47.7 tons)
- Azerbaijan (34.1 tons)
- Singapore (13.5 tons)
- Ukraine (4.1 tons)
- Georgia (4.0 tons)
- Italy (3.9 tons)
- United Kingdom (1.9 tons)
- Germany (1.7 tons)
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