Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $604 per unit in 2022, with a decrease of -61.1% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 36%. The import price peaked at $4,362 per unit in 2016; however, from 2017 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 ($3,769 per unit), while the price for China ($282 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $3,455 per unit, reducing by -24.5% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 85% against the previous year. As a result, the export price reached the peak level of $5,057 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($10,014 per unit), while the average price for exports to Uzbekistan ($1,922 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 Belarus (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia

In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Russia soared to 7.7K units, with an increase of 86% against 2021. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped significantly to $4.7M in 2022. In general, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 0.2% against the previous year. As a result, imports reached the peak of $6.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9921,1141,6231,964-0.5%
PolandN/AN/AN/A1170%
Lithuania63924840074.7-51.1%
Germany47946377752.8-52.1%
Denmark1.0243281N/A1576.3%
Others3,4054,4613,3562,445-10.5%
Total6,5166,5286,4384,655-10.6%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Russia in 2022:

  1. China (7.0K units)
  2. Poland (0.2K units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia

In 2022, shipments abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs was finally on the rise to reach 678 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decrease. The exports peaked at 1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs rose significantly to $2.3M in 2022. Overall, exports, however, continue to indicate a abrupt decline. The exports peaked at $2.8M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,5351,4451,4331,8917.2%
Uzbekistan403423263192-21.9%
Kyrgyzstan11.321.48.9130125.7%
Armenia16751.819.267.5-26.1%
Azerbaijan2.80.122.357.4173.7%
Belarus407715215N/A-27.3%
Others2431851023.8-75.0%
Total2,7682,8422,0632,342-5.4%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Russia in 2022:

  1. Kazakhstan (509.0 units)
  2. Uzbekistan (100.0 units)
  3. Armenia (35.0 units)
  4. Azerbaijan (14.0 units)
  5. Kyrgyzstan (13.0 units)

Source: IndexBox Market Intelligence Platform

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