Russian Federation - Electrical Parts Of Machinery Or Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery Electrical Parts Price in Russia - 2021
Contents:
- Machinery Electrical Parts Price in Russia (CIF) - 2022
- Machinery Electrical Parts Price in Russia (FOB) - 2022
- Machinery Electrical Parts Imports in Russia
- Machinery Electrical Parts Exports in Russia
Machinery Electrical Parts Price in Russia (CIF) - 2022
In 2022, the average machinery electrical parts import price amounted to $64,445 per ton, waning by -8.4% against the previous year. Overall, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $70,318 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($55,913 per ton), while the price for Latvia ($13,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery Electrical Parts Price in Russia (FOB) - 2022
In 2022, the average machinery electrical parts export price amounted to $189,047 per ton, jumping by 78% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. Over the period under review, the average export prices attained the peak figure at $306,012 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($279,278 per ton), while the average price for exports to France ($28,708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery Electrical Parts Imports in Russia
In 2022, supplies from abroad of electrical parts of machinery or apparatus decreased by -4.7% to 92 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 98 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, machinery electrical parts imports reduced to $5.9M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $6.8M, and then shrank in the following year.
Import of Machinery Electrical Parts in Russia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,277 | 1,908 | 3,101 | 2,615 | 27.0% |
Taiwan (Chinese) | 374 | 453 | 635 | 536 | 12.7% |
South Korea | 264 | 160 | 152 | 160 | -15.4% |
Germany | 181 | 201 | 177 | 155 | -5.0% |
Hungary | 234 | 39.8 | 101 | 104 | -23.7% |
Italy | 225 | 39.5 | 44.8 | 85.9 | -27.5% |
Latvia | 50.6 | 68.2 | 33.4 | 42.2 | -5.9% |
Kyrgyzstan | 1.4 | N/A | N/A | N/A | 0% |
Others | 1,524 | 2,199 | 2,547 | 2,232 | 13.6% |
Total | 4,131 | 5,069 | 6,791 | 5,930 | 12.8% |
Top Suppliers of Machinery Electrical Parts to Russia in 2022:
- China (52.0 tons)
- Taiwan (Chinese) (16.8 tons)
- South Korea (5.5 tons)
- Hungary (3.5 tons)
- Latvia (3.2 tons)
- Germany (2.8 tons)
- Italy (2.3 tons)
Machinery Electrical Parts Exports in Russia
In 2022, overseas shipments of electrical parts of machinery or apparatus decreased by -11.2% to 1.1 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 1.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, machinery electrical parts exports surged to $201K in 2022. Overall, exports, however, recorded a slight increase.
Export of Machinery Electrical Parts in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 117 | 61.4 | 37.1 | 92.3 | -7.6% |
Kuwait | 45.5 | 42.5 | 32.2 | 52.0 | 4.6% |
United Kingdom | 2.0 | 2.3 | 13.8 | 21.3 | 120.0% |
Kazakhstan | 1.1 | 2.8 | 9.6 | 14.8 | 137.8% |
Poland | 1.9 | 11.2 | 8.3 | 12.8 | 88.9% |
United Arab Emirates | 2.1 | 2.7 | N/A | 1.9 | -3.3% |
France | N/A | N/A | 0.7 | 1.1 | 57.1% |
Germany | N/A | 112 | N/A | N/A | 0% |
Indonesia | N/A | 1.9 | N/A | N/A | 0% |
Turkey | N/A | N/A | 7.1 | N/A | 0% |
Ukraine | N/A | 6.8 | 6.4 | N/A | -5.9% |
Others | 21.2 | 31.2 | 12.0 | 4.9 | -38.6% |
Total | 191 | 275 | 127 | 201 | 1.7% |
Top Export Markets for Machinery Electrical Parts from Russia in 2022:
- Belarus (394.0 kg)
- Kuwait (245.0 kg)
- Kazakhstan (188.0 kg)
- United Kingdom (101.0 kg)
- Poland (46.0 kg)
- France (38.0 kg)
- United Arab Emirates (29.0 kg)
This report provides an in-depth analysis of the machinery electrical parts 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 27903390 - Electrical parts of machinery or apparatus, 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
This report provides an in-depth analysis of the machinery electrical parts market in the Russian Federation.
This report provides an in-depth analysis of the global machinery electrical parts market.
This report provides an in-depth analysis of the machinery electrical parts market in the Russian Federation.
This report provides an in-depth analysis of the global machinery electrical parts market.
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