Russian Federation - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 7, 2024

Russian Federation - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights

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Working Wire Machine Price in Russia - 2022

Contents:

  1. Working Wire Machine Price in Russia (CIF) - 2022
  2. Working Wire Machine Price in Russia (FOB) - 2022
  3. Working Wire Machine Imports in Russia
  4. Working Wire Machine Exports in Russia

Working Wire Machine Price in Russia (CIF) - 2022

The average working wire machine import price stood at $48,296 per unit in 2022, which is down by -6.7% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, working wire machine import price increased by +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum at $51,760 per unit in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($66,436 per unit), while the price for China amounted to $46,901 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Working Wire Machine Price in Russia (FOB) - 2022

In 2022, the average working wire machine export price amounted to $6,426 per unit, with a decrease of -19.1% against the previous year. In general, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, the export price reached the peak level of $15,060 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +102.1% per year.

Working Wire Machine Imports in Russia

In 2022, the amount of machines for working wire imported into Russia shrank slightly to 272 units, which is down by -4.6% compared with 2021. Over the period under review, imports saw a deep contraction. The smallest decline of -1.4% was in 2021. Imports peaked at 472 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, working wire machine imports fell to $13M in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Working Wire Machine in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.94.510.811.826.0%
South Korea1.60.51.81.3-6.7%
Switzerland2.20.3N/AN/A-86.4%
Germany0.63.30.3N/A-29.3%
Taiwan (Chinese)1.10.80.6N/A-26.1%
Italy1.20.40.8N/A-18.4%
Others2.41.80.4N/A-59.2%
Total15.011.514.713.1-4.4%

Top Suppliers of Working Wire Machine to Russia in 2022:

  1. China (253.0 units)
  2. South Korea (19.0 units)

Working Wire Machine Exports in Russia

In 2022, the amount of machines for working wire exported from Russia reduced to 46 units, dropping by -6.1% on 2021 figures. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, the exports attained the peak figure at 55 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, working wire machine exports declined remarkably to $296K in 2022. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 93%. Over the period under review, the exports attained the maximum at $552K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Working Wire Machine in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan82.841.014329652.9%
SlovakiaN/A47.3N/AN/A0%
AzerbaijanN/A7.33.2N/A-56.2%
Poland121N/AN/AN/A0%
Belarus30680.5134N/A-33.8%
Ukraine7.7N/A0.8N/A-67.8%
Others34.225.8108N/A77.7%
Total552202389296-18.8%

Top Export Markets for Working Wire Machine from Russia in 2022:

  1. Kazakhstan (46.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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