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Russian Federation - Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJacks and Hoists Price in Russia - 2022
Contents:
- Jacks and Hoists Price in Russia (CIF) - 2022
- Jacks and Hoists Price in Russia (FOB) - 2022
- Jacks and Hoists Imports in Russia
- Jacks and Hoists Exports in Russia
Jacks and Hoists Price in Russia (CIF) - 2022
The average jacks and hoists import price stood at $20.2 per unit in January 2022, increasing by 34% against the previous month. Overall, import price indicated a tangible increase from January 2021 to January 2022: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, jacks and hoists import price increased by +33.5% against December 2021 indices. The pace of growth was the most pronounced in March 2021 an increase of 47% month-to-month. Over the period under review, average import prices reached the maximum in January 2022.
Prices varied noticeably by the country of origin: the country with the highest price was China ($23.4 per unit), while the price for Romania ($6.5 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Jacks and Hoists Price in Russia (FOB) - 2022
The average jacks and hoists export price stood at $105 per unit in 2022, dropping by -13.5% against the previous year. Overall, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 228%. As a result, the export price attained the peak level of $236 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($190 per unit), while the average price for exports to Ukraine ($26 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 Turkmenistan (-0.9%), while the prices for the other major destinations experienced a decline.
Jacks and Hoists Imports in Russia
In 2022, approx. 1.5M units of jacks and hoists for raising vehicles were imported into Russia; with a decrease of -9.8% compared with the previous year's figure. Overall, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 21%. Imports peaked at 1.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, jacks and hoists imports surged to $27M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Jacks and Hoists in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.9 | 4.6 | 7.4 | 10.8 | 30.1% |
South Korea | 8.1 | 4.4 | 4.9 | 5.6 | -11.6% |
Spain | 3.3 | 1.7 | 1.8 | 2.2 | -12.6% |
Romania | 1.1 | 0.9 | 1.0 | 1.3 | 5.7% |
Japan | 2.0 | 1.6 | 1.7 | 1.3 | -13.4% |
France | 0.7 | 0.6 | 0.8 | 0.7 | 0.0% |
Slovakia | 1.2 | 0.8 | 0.8 | 0.6 | -20.6% |
Others | 3.8 | 6.9 | 4.9 | 4.8 | 8.1% |
Total | 25.1 | 21.5 | 23.3 | 27.3 | 2.8% |
Top Suppliers of Jacks and Hoists to Russia in 2022:
- China (495.7K units)
- South Korea (268.7K units)
- Romania (215.2K units)
- Spain (164.5K units)
- Japan (145.1K units)
- France (91.5K units)
- Slovakia (20.9K units)
Jacks and Hoists Exports in Russia
In 2022, the amount of jacks and hoists for raising vehicles exported from Russia dropped to 45K units, with a decrease of -6.4% on the previous year. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 199%. Over the period under review, the exports reached the peak figure at 53K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, jacks and hoists exports declined rapidly to $4.8M in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 288% against the previous year. Over the period under review, the exports reached the maximum at $6.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Jacks and Hoists in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 1,965 | 322 | 1,793 | 3,841 | 25.0% |
Kazakhstan | 405 | 220 | 567 | 273 | -12.3% |
Belarus | 411 | 202 | 219 | 181 | -23.9% |
Ukraine | 88.6 | 113 | 237 | 86.0 | -1.0% |
Uzbekistan | 187 | 29.5 | 241 | 31.2 | -44.9% |
Egypt | 362 | 364 | 14.8 | 16.4 | -64.4% |
Azerbaijan | 73.7 | 15.2 | 17.4 | N/A | -51.4% |
India | N/A | N/A | 1,547 | N/A | 0% |
Turkey | 1,417 | 0.2 | 1.1 | N/A | -97.2% |
Others | 1,172 | 245 | 1,232 | 326 | -34.7% |
Total | 6,082 | 1,512 | 5,869 | 4,754 | -7.9% |
Top Export Markets for Jacks and Hoists from Russia in 2022:
- Algeria (38.0K units)
- Ukraine (3.2K units)
- Kazakhstan (1.4K units)
- Belarus (1.0K units)
- Uzbekistan (0.3K units)
- Egypt (0.1K units)
This report provides an in-depth analysis of the jacks and hoists 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 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)
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
-
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
-
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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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.