CIS: Wheelchair Market 2024

Wheelchair Market Size in CIS

The CIS wheelchair market rose notably to $X in 2023, increasing by X% against the previous year. The total consumption indicated temperate 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. Based on 2023 figures, consumption increased by X% against 2015 indices. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Wheelchair Production in CIS

In value terms, wheelchair production rose modestly to $X in 2023 estimated in export price. In general, production recorded a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Wheelchair Exports

Exports in CIS

In 2023, wheelchair exports in the CIS dropped to X units, reducing by X% compared with the previous year. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2022, and then dropped in the following year.

In value terms, wheelchair exports expanded remarkably to $X in 2023. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the main exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by Armenia (X units), making up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Armenia (with a CAGR of X%).

In value terms, Russia ($X) remains the largest wheelchair supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Armenia ($X), with an X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Russia totaled X%.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per unit, jumping by X% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2023, the export prices remained 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 Armenia stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).

Wheelchair Imports

Imports in CIS

In 2023, approx. X units of wheelchairs were imported in the CIS; increasing by X% on 2022. Over the period under review, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, wheelchair imports rose sharply to $X in 2023. Total imports indicated a tangible increase 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. Based on 2023 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked in 2023 and is likely to see steady growth in the near future.

Imports by Country

Russia prevails in imports structure, resulting at X units, which was near X% of total imports in 2023. Kazakhstan (X units) ranks second in terms of the total imports with an X% share, followed by Azerbaijan (X%). The following importers - Armenia (X units) and Uzbekistan (X units) - each resulted at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to wheelchair imports into Russia stood at X%. At the same time, Armenia (X%), Uzbekistan (X%), Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Azerbaijan (X p.p.), Kazakhstan (X p.p.), Armenia (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.

In value terms, Russia ($X) constitutes the largest market for imported wheelchairs in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, 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 Azerbaijan (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per unit), while Armenia ($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 more modest paces of growth.

Source: IndexBox Platform