CIS: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in CIS

The CIS construction equipment blade market soared to $X in 2023, rising by X% against the previous year. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Construction Equipment Blade Production in CIS

In value terms, construction equipment blade production expanded sharply to $X in 2023 estimated in export price. In general, production, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Construction Equipment Blade Exports

Exports in CIS

In 2023, the amount of blades for construction equipment exported in the CIS expanded markedly to X units, surging by X% against the previous year's figure. Total exports indicated pronounced growth from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, construction equipment blade exports amounted to $X in 2023. Total exports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2018; afterwards, it flattened through to 2023.

Exports by Country

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

Russia was also the fastest-growing in terms of the blades for construction equipment exports, with a CAGR of X% from 2012 to 2023. Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X) remains the largest construction equipment blade supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in the CIS stood at $X per unit in 2023, falling by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2022, and then shrank in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

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

Construction Equipment Blade Imports

Imports in CIS

In 2023, the amount of blades for construction equipment imported in the CIS skyrocketed to X units, growing by X% on the previous year's figure. In general, imports, however, continue to indicate a deep downturn. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, construction equipment blade imports surged to $X in 2023. Overall, imports, however, recorded a abrupt curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Russia represented the major importer of blades for construction equipment in the CIS, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Kazakhstan (X units), mixing up a X% share of total imports. The following importers - Moldova (X units) and Belarus (X units) - each finished at an X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Kazakhstan (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kazakhstan, Moldova and Belarus increased by X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported blades for construction equipment in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($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 totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Moldova (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per unit, dropping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of import peaked at $X per unit in 2022, and then declined in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Moldova ($X per unit) and Russia ($X per unit), while Belarus ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform