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Russian Federation - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Food Manufacture Machinery Market 2024
Food Manufacture Machinery Market Size in the Russian Federation
The Russian food manufacture machinery market expanded sharply to $X in 2023, with an increase of X% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.
Food Manufacture Machinery Production in the Russian Federation
In value terms, food manufacture machinery production expanded slightly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.
Food Manufacture Machinery Exports
Exports from the Russian Federation
In 2023, overseas shipments of machinery for the preparation or manufacture of food or drink increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2023, the exports remained at a lower figure.
In value terms, food manufacture machinery exports dropped to $X in 2023. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Kazakhstan (X units) was the main destination for food manufacture machinery exports from Russia, with a X% share of total exports. Moreover, food manufacture machinery exports to Kazakhstan exceeded the volume sent to the second major destination, Georgia (X units), ninefold. Armenia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Armenia (X% per year).
In value terms, Kazakhstan ($X), Georgia ($X) and Armenia ($X) were the largest markets for food manufacture machinery exported from Russia worldwide, together accounting for X% of total exports.
In terms of the main countries of destination, Georgia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average food manufacture machinery export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.
Food Manufacture Machinery Imports
Imports into the Russian Federation
In 2023, food manufacture machinery imports into Russia surged to X units, with an increase of X% compared with the previous year's figure. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked in 2023 and are likely to see steady growth in the near future.
In value terms, food manufacture machinery imports skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2023, China (X units) constituted the largest supplier of food manufacture machinery to Russia, with a X% share of total imports. Moreover, food manufacture machinery imports from China exceeded the figures recorded by the second-largest supplier, Lithuania (X units), eightfold. The third position in this ranking was held by Italy (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Italy (X% per year).
In value terms, the largest food manufacture machinery suppliers to Russia were China ($X), Lithuania ($X) and Italy ($X), together comprising X% of total imports. Germany, Poland, Moldova, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.
Moldova, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average food manufacture machinery import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.
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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