CIS: Hide Repairing Machinery Market 2024

Hide Repairing Machinery Market Size in CIS

The CIS hide repairing machinery market surged to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Hide Repairing Machinery Production in CIS

In value terms, hide repairing machinery production fell modestly to $X in 2023 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Hide Repairing Machinery Exports

Exports in CIS

In 2023, shipments abroad of machinery for making or repairing articles of hides, skins or leather increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, hide repairing machinery exports surged to $X in 2023. Over the period under review, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Belarus represented the main exporter of machinery for making or repairing articles of hides, skins or leather in the CIS, with the volume of exports reaching X units, which was approx. X% of total exports in 2023. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Moldova (X%). Armenia (X units) followed a long way behind the leaders.

Belarus was also the fastest-growing in terms of the machinery for making or repairing articles of hides, skins or leather exports, with a CAGR of X% from 2012 to 2023. At the same time, Armenia (X%) displayed positive paces of growth. By contrast, Moldova (X%) and Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) and Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) emerged as the largest hide repairing machinery supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

In Russia, hide repairing machinery exports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price posted a notable expansion. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2023, the export prices remained at a somewhat lower figure.

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

Hide Repairing Machinery Imports

Imports in CIS

In 2023, overseas purchases of machinery for making or repairing articles of hides, skins or leather were finally on the rise to reach X units after four years of decline. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, hide repairing machinery imports surged to $X in 2023. Overall, imports, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, reaching X units, which was approx. X% of total imports in 2023. Uzbekistan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%) and Moldova (X%). The following importers - Azerbaijan (X units) and Belarus (X units) - each resulted at a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of machinery for making or repairing articles of hides, skins or leather. At the same time, Azerbaijan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Moldova experienced a relatively flat trend pattern. By contrast, Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported machinery for making or repairing articles of hides, skins or leather in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Moldova (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price saw a slight reduction. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform