Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,431 per unit in 2022, which is down by -24.5% against the previous year. In general, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. The import price peaked at $2,311 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,400 per unit), while the price for China ($954 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $2,353 per unit, jumping by 61% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +9.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 122%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($3,871 per unit), while the average price for exports to Kazakhstan ($2,258 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+217.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia

In 2022, approx. 4.6K units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into Russia; rising by 57% compared with 2021. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $6.6M in 2022. Overall, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked at $6.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Russia in 2022:

1. China (2794.0 units)
2. Italy (1272.0 units)
3. Lithuania (288.0 units)
4. Austria (100.0 units)
5. Poland (86.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Russia

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses exported from Russia declined sharply to 424 units, dropping by -35.8% against the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of 660 units, and then shrank significantly in the following year.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses rose slightly to $998K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Russia in 2022:

1. Kazakhstan (391.0 units)
2. Azerbaijan (24.0 units)
3. Kyrgyzstan (5.0 units)

Source: IndexBox Market Intelligence Platform