Russian Federation - Rotary Converters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Rotary Converter Price in Russia - 2022
Contents:
- Electric Rotary Converter Price in Russia (FOB) - 2022
- Electric Rotary Converter Price in Russia (CIF) - 2022
- Electric Rotary Converter Exports in Russia
- Electric Rotary Converter Imports in Russia
Electric Rotary Converter Price in Russia (FOB) - 2022
The average electric rotary converter export price stood at $2,465 per unit in 2022, remaining constant against the previous year. Overall, the export price continues to indicate a tangible increase. The pace of growth was the most pronounced in 2014 an increase of 151%. The export price peaked at $3,152 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($12,128 per unit), while the average price for exports to Vietnam ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Rotary Converter Price in Russia (CIF) - 2022
The average electric rotary converter import price stood at $604 per unit in 2022, picking up by 5.6% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. Over the period under review, average import prices reached the peak figure at $3,333 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,936 per unit), while the price for Bulgaria ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Rotary Converter Exports in Russia
In 2022, the amount of electric rotary converters exported from Russia dropped notably to 608 units, with a decrease of -17.4% on the previous year's figure. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 53%. Over the period under review, the exports hit record highs at 1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric rotary converter exports fell remarkably to $1.5M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports attained the peak of $1.8M, and then contracted markedly in the following year.
Export of Electric Rotary Converter in Russia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ethiopia | 206 | N/A | N/A | 687 | 49.4% |
Venezuela | 102 | N/A | N/A | 230 | 31.1% |
Azerbaijan | 112 | 721 | 473 | 136 | 6.7% |
China | 20.8 | 71.8 | 361 | 104 | 71.0% |
Syrian Arab Republic | 9.6 | N/A | N/A | 24.4 | 36.5% |
Algeria | 13.6 | 61.2 | 60.5 | 20.4 | 14.5% |
Egypt | 4.5 | N/A | 58.5 | 16.9 | 55.4% |
Lithuania | 3.6 | 42.8 | N/A | 12.4 | 51.0% |
India | 654 | 66.6 | 109 | 3.6 | -82.3% |
Vietnam | 0.3 | N/A | N/A | 0.7 | 32.6% |
Others | 149 | 246 | 726 | 263 | 20.9% |
Total | 1,275 | 1,210 | 1,788 | 1,499 | 5.5% |
Top Export Markets for Electric Rotary Converter from Russia in 2022:
- Azerbaijan (118.0 units)
- Ethiopia (101.0 units)
- Vietnam (73.0 units)
- India (61.0 units)
- Syrian Arab Republic (45.0 units)
- Lithuania (43.0 units)
- China (39.0 units)
- Venezuela (19.0 units)
- Egypt (14.0 units)
- Algeria (11.0 units)
Electric Rotary Converter Imports in Russia
For the fourth consecutive year, Russia recorded growth in supplies from abroad of electric rotary converters, which increased by 17% to 779 units in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, electric rotary converter imports surged to $471K in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports reached the peak of $560K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Electric Rotary Converter in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 75.0 | 501 | 128 | 105 | 11.9% |
Latvia | 81.6 | 20.1 | 129 | 49.0 | -15.6% |
Spain | 3.8 | 10.6 | 41.3 | 17.6 | 66.7% |
Kazakhstan | 4.7 | N/A | N/A | 3.8 | -6.8% |
Finland | 0.6 | N/A | N/A | 2.8 | 67.1% |
Czech Republic | 2.1 | 5.9 | 6.6 | 2.7 | 8.7% |
Armenia | 3.0 | N/A | N/A | 2.0 | -12.6% |
Estonia | 2.2 | N/A | N/A | 1.9 | -4.8% |
Switzerland | 0.8 | N/A | 3.7 | 1.5 | 23.3% |
Portugal | 0.4 | 0.9 | N/A | 0.9 | 31.0% |
Belarus | 0.6 | 0.2 | 1.7 | 0.7 | 5.3% |
Bulgaria | 0.2 | 0.4 | 0.8 | 0.3 | 14.5% |
Others | 268 | 20.4 | 70.4 | 283 | 1.8% |
Total | 443 | 560 | 382 | 471 | 2.1% |
Top Suppliers of Electric Rotary Converter to Russia in 2022:
- Bulgaria (152.0 units)
- Estonia (122.0 units)
- Czech Republic (108.0 units)
- Spain (70.0 units)
- Armenia (64.0 units)
- Belarus (36.0 units)
- Germany (36.0 units)
- Switzerland (28.0 units)
- Finland (25.0 units)
- Latvia (24.0 units)
- Kazakhstan (21.0 units)
- Portugal (16.0 units)
This report provides an in-depth analysis of the electric rotary converter market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27113270 - Rotary converters
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2019, the global market for electric generating sets and rotary converters was finally on the rise to reach $58.4B...
In value terms, converters, ladles, ingot moulds and casting machines imports stood at $X in 2016. Overall, converters, ladles, ingot moulds and casting machines imports continue to indicate a sign...
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