CIS: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in CIS

After three years of growth, the CIS civil reaction engine market decreased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Civil Reaction Engine Production in CIS

In value terms, civil reaction engine production dropped slightly to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Civil Reaction Engine Exports

Exports in CIS

For the fourth consecutive year, the CIS recorded decline in overseas shipments of civil reaction engines, which decreased by X% to X units in 2023. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, civil reaction engine exports soared to $X in 2023. Over the period under review, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Russia dominates exports structure, amounting to X units, which was near X% of total exports in 2023. The following exporters - Belarus (X units) and Kazakhstan (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to civil reaction engine exports from Russia stood at X%. Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belarus increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest civil reaction engine supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with less than X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per unit, picking up by X% against the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Civil Reaction Engine Imports

Imports in CIS

In 2023, after two years of growth, there was significant decline in overseas purchases of civil reaction engines, when their volume decreased by X% to X units. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, civil reaction engine imports shrank markedly to $X in 2023. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Azerbaijan represented the major importer of civil reaction engines in the CIS, with the volume of imports amounting to X units, which was approx. X% of total imports in 2023. Russia (X units) took the second position in the ranking, distantly followed by Kazakhstan (X units). All these countries together held approx. X% share of total imports. The following importers - Uzbekistan (X units), Belarus (X units) and Kyrgyzstan (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported civil reaction engines in the CIS, comprising X% of total imports. The second position in the ranking was taken by Azerbaijan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Azerbaijan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price faced a abrupt decrease. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform