CIS: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in CIS

The CIS electrical signalling apparatus market fell notably to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, enjoyed a measured expansion. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Electrical Signalling Apparatus Production in CIS

In value terms, electrical signalling apparatus production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Electrical Signalling Apparatus Exports

Exports in CIS

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical apparatus for sound or visual signalling, when their volume decreased by X% to X units. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, electrical signalling apparatus exports declined to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belarus represented the largest exporting country with an export of around X units, which accounted for X% of total exports. It was distantly followed by Russia (X units) and Kazakhstan (X units), together generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electrical signalling apparatus exports from Belarus stood at X%. At the same time, Kazakhstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest electrical signalling apparatus supplying countries in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), together comprising X% of total exports.

Among the main exporting countries, Belarus, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, saw a abrupt contraction. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Electrical Signalling Apparatus Imports

Imports in CIS

In 2022, after four years of growth, there was significant decline in supplies from abroad of electrical apparatus for sound or visual signalling, when their volume decreased by X% to X units. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, electrical signalling apparatus imports fell remarkably to $X in 2022. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Belarus (X units), making up a X% share of total imports. The following importers - Uzbekistan (X units), Moldova (X units) and Kazakhstan (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Moldova experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) and Moldova (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electrical apparatus for sound or visual signalling in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (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 continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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