CIS: Machinery For Packing Market 2024

Machinery For Packing Market Size in CIS

The CIS machinery for packing market dropped sharply to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption recorded a slight curtailment. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Machinery For Packing Production in CIS

In value terms, machinery for packing production contracted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Machinery For Packing Exports

Exports in CIS

In 2022, the amount of machinery for packing or wrapping exported in the CIS skyrocketed to X units, growing by X% compared with the previous year's figure. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, machinery for packing exports skyrocketed to $X in 2022. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia dominates exports structure, reaching X units, which was approx. X% of total exports in 2022. Belarus (X units) held a little share of total exports.

Russia was also the fastest-growing in terms of the machinery for packing or wrapping exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest machinery for packing supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, declining by X% against the previous year. Overall, the export price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Russia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Machinery For Packing Imports

Imports in CIS

In 2022, approx. X units of machinery for packing or wrapping were imported in the CIS; increasing by X% on 2021. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, machinery for packing imports shrank sharply to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 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 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) was the key importer of machinery for packing or wrapping, making up X% of total imports. It was distantly followed by Russia (X units), Uzbekistan (X units) and Belarus (X units), together constituting a X% share of total imports. The following importers - Armenia (X units) and Azerbaijan (X units) - each reached a X% share of total imports.

Kazakhstan was also the fastest-growing in terms of the machinery for packing or wrapping imports, with a CAGR of X% from 2012 to 2022. At the same time, Azerbaijan (X%), Uzbekistan (X%), Armenia (X%) and Belarus (X%) displayed positive paces of growth. Russia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported machinery for packing or wrapping in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, machinery for packing imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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