CIS: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in CIS

In 2023, the CIS geometrical quantities electronic measurer market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in CIS

In value terms, geometrical quantities electronic measurer production dropped significantly to $X in 2023 estimated in export price. Overall, production recorded a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in CIS

In 2023, the amount of electronic instruments and machines for measuring geometrical quantities exported in the CIS soared to X units, jumping by X% compared with 2022. In general, 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, geometrical quantities electronic measurer exports soared to $X in 2023. Total exports indicated slight growth from 2012 to 2023: its value 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. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of electronic instruments and machines for measuring geometrical quantities, namely Kazakhstan, Russia and Belarus, represented more than two-thirds of total export. It was distantly followed by Armenia (X units), mixing up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest geometrical quantities electronic measurer supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in CIS

In 2023, approx. X units of electronic instruments and machines for measuring geometrical quantities were imported in the CIS; picking up by X% on the previous year. In general, imports showed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, geometrical quantities electronic measurer imports skyrocketed to $X in 2023. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Russia was the key importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Kazakhstan (X units) and Uzbekistan (X units), together constituting a X% share of total imports. Belarus (X units) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to geometrical quantities electronic measurer imports into Russia stood at X%. At the same time, Kazakhstan (X%), Uzbekistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Kazakhstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform