CIS: Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size in CIS

The CIS machine-tool for drilling market declined significantly to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then declined markedly in the following year.

Machine-Tool For Drilling Production in CIS

In value terms, machine-tool for drilling production reached $X in 2022 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Machine-Tool For Drilling Exports

Exports in CIS

After three years of growth, shipments abroad of machine-tools for drilling, boring or milling metal decreased by X% to X units in 2022. Over the period under review, exports, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, machine-tool for drilling exports shrank to $X in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus represented the main exporter of machine-tools for drilling, boring or milling metal in the CIS, with the volume of exports recording X units, which was approx. X% of total exports in 2022. Russia (X units) held the second position in the ranking, followed by Armenia (X units) and Kazakhstan (X units). All these countries together took near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to machine-tool for drilling exports from Belarus stood at X%. At the same time, Armenia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.), Armenia (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X), Russia ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. These countries were followed by Armenia, which accounted for a further X%.

Among the main exporting countries, Armenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, 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.

Machine-Tool For Drilling Imports

Imports in CIS

In 2022, machine-tool for drilling imports in the CIS reached X units, approximately reflecting the previous year's figure. Over the period under review, imports showed slight growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, machine-tool for drilling imports shrank slightly to $X in 2022. In general, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X units) represented the main importer of machine-tools for drilling, boring or milling metal, comprising X% of total imports. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together comprising a X% share of total imports. Uzbekistan (X units) took a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of machine-tools for drilling, boring or milling metal. At the same time, Uzbekistan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.), Uzbekistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported machine-tools for drilling, boring or milling metal in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, machine-tool for drilling imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, which is down by X% against the previous year. In general, the import price faced a deep slump. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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