CIS Fuel Pump Exports Dip in 2024 as Prices Surge
Fuel and lubricating pump exports from the Commonwealth of Independent States (CIS) dipped slightly in 2024, reaching X units, a X% decrease from the previous year. Meanwhile, export prices soared to $X per unit, marking a X% increase. The CIS stock market for these pumps shrank to $X in 2024, down by X% compared to the previous year.
Production of fuel and lubricating pumps in the CIS stood at $X in 2024. Although output value grew at an average annual rate of X% from 2012 to 2024, consumption peaked at $X before declining in the following year.
Kazakhstan and Belarus led the way in export growth for these pumps between 2012 and 2024. Belarus was the top exporter in 2024, shipping X units. Conversely, imports into the CIS plummeted to X units in 2024, a X% decrease from the year before. Russia was the primary importer, while Uzbekistan had the highest import price at $X per unit.
In 2024, CIS fuel and lubricating pump exports and imports both decreased, with export prices and import prices surging. Key players in the market include Belarus as the top exporter and Russia as the main importer. Despite the recent drop, the stock market has shown steady growth over the past decade.
