Remote control apparatus imports into Russia soared to 1.5M units in 2023, increasing by 24% on 2022 figures.

Seven out of ten Russians aged under 30 did not believe that the price regulation decree signed by the president Vladimir Putin on December 30th helped to hold down the basic food products price growth, in 2021. The share of those who did notice some positive changes did not exceed 15 percent among each age group.

Imports of process control, gate, globe and other valves into Russia was estimated at 154K tons in 2023, with an increase of 7.6% on 2022 figures.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Voting behavior, political system and economic reforms. Topics: Watching news programs and reading newspaper; mood in the last few days; family´s current material situation; economic situation of town/region and country; general situation; market reforms; opinion on Yeltsin, Duma, Prime Minister and government; political situation; life satisfaction; expected improvements in the next 12 months; Russia out of control; democracy vs. order; trust in politicians; rating of Yeltsin and Chernomirdin; expectations concerning politics and economy in the next few months; the biggest problems of the society; possibility of mass demonstrations and taking part; voting intention for/against Yeltsin and reasons; income growth compared to the prices; money per capita needed; subsistence level; price trends; time to purchase goods and save money; economic situation in the last and in the next 6 months; economic situation in Russia in 12 months and in 5 years; renouncing from necessary things, holiday trips etc; assumed income level of poor families; domestic vs. imported goods, clothes and household goods; place of shopping; spending money; savings and shares in investment funds; save money in near future; assumed income level of a rich family; ideal number of children; way of increasing the number of children; planned number of children; having another child in the next 2-3 years; unplanned pregnancy; conditions for having another child; birth rate control; voting intention in the presidential elections; Yeltsin or Zyuganov; suspected election result; Zyuganov or Yavlinski; next Russian President; class self placement; sources of income; problem of lacking orders in the company; poor supplies of equipment and raw supplies; irregular work; leaders´ inability; selling products in the company; theft in the firm; high wages vs. social security; work preferences; importance of work; intensity of work; conditions for being successful at work; keeping job vs. unemployment; interpersonal relationship at work; involving in any conflicts last year; conflicts between the company´s management and the work team; conflicts between members of staff; most frequent reasons for conflict; way of solving the conflicts; opinion on strikes; second job; motivation of the workers; possibilities of initiative; successful groups in Russia; main income of the family; telephone; high and low self placement five years ago, today and in five years; religion; staying at home in June; voting in presidential election; voting decision in 1995 elections; region.

The Russian remote control apparatus market fell slightly to $37M in 2024, shrinking by -1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a perceptible shrinkage.

The Russian market for process control, gate, globe and other valves reduced modestly to $1.9B in 2024, stabilizing at the previous year. Over the period under review, consumption recorded a slight contraction. Over the period under review, the market hit record highs at $2.2B in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

Abstract

This research was conducted in Russian Federation from March 10 to April 20, 2005, as part of the third round of the Business Environment and Enterprise Performance Survey. The objective of the study is to obtain feedback from enterprises in client countries on the state of the private sector as well as to help in building a panel of enterprise data that will make it possible to track changes in the business environment over time, thus allowing, for example, impact assessments of reforms. Through face-to-face interviews with firms in the manufacturing and services sectors, the survey assesses the constraints to private sector growth and creates statistically significant business environment indicators that are comparable across countries.

The survey topics include firm characteristics, information about sales/suppliers, competition, infrastructure services, judiciary/law enforcement collaboration, security, government policies/laws/regulations, financing, overall business environment, bribery, capacity utilization, performance and investment activities, and workforce composition.

Geographic coverage

National

Analysis unit

The primary sampling unit of the study is the establishment.

Universe

The manufacturing and services sectors are the primary business sectors of interest.

Kind of data

Sample survey data [ssd]

Sampling procedure

The information below is taken from "The Business Environment and Enterprise Performance Survey (BEEPS) 2005: A brief report on observations, experiences and methodology from the survey" prepared by Synovate, a research company that implemented BEEPS III instrument.

The general targeted distributional criteria of the sample for BEEPS III countries were to be as follows:

1) Coverage of countries: The BEEPS III instrument was to be administered to approximately 9,500 enterprises in 28 transition economies: 16 from CEEE (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, FR Yugoslavia, FYROM, Hungary, Latvia, Lithuania, Poland, Romania, Slovak Republic, Slovenia and Turkey) and 12 from the CIS (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan).

2) Sector: In each country, the sectoral composition of the sample in terms of manufacturing (including agro-processing) (1) versus services (including commerce) (2)was to be determined by their relative contribution to GDP. Firms that operate in sectors subject to government price regulation and prudential supervision, such as banking, electric power, rail transport, and water and waste water, were to be excluded from the design of the sample.

3) Size: At least 10% of the sample was to be in the small (3) and 10% in the large size categories. Firms with only one employee or more than 10,000 employees were to be excluded.

4) Ownership: At least 10% of the firms were to have foreign control (4) and 10% state control (4).

5) Exporters: At least 10% of the firms were to be exporters (5), meaning that some significant share of their output is exported.

6) Location: At least 10% of firms were to be in the category "small city/countryside" (6).

7) BEEPS 2002 sample coverage: The BEEPS III survey instrument was to be administered to a given proportion of respondents who participated in BEEPS 2002 and had agreed in principle, at that time, to participate in future rounds of the BEEPS.

Enterprises, which began operations in 2002, 2003 and 2004, were to be excluded from the survey.

(1). Mining and quarrying (Section C: 10-14), Construction (Section F: 45), Manufacturing (Section D: 15-37) (2). Transportation, storage and communications (Section I: 60-64), Wholesale, retail, repairs (Section G: 50-52), Real estate, business services (Section K: 70-74), Hotels and restaurants (Section H: 55), Other community, social and personal activities (Section O: selected groups) (3). Small=2-49 employees, Medium=50-249, Large=250 - 9,999 (4). More than 50% shareholding (5). Exports 20% or more of total sales (6). Population under 50,000 inhabitants

8) The following sources of information were used to prepare the sample frame for Russian Federation: Official government statistical census; Data on private-owned companies from Business Bulletin 2004; Data on state-owned companies from Russia's Statistical Agency.

Mode of data collection

Face-to-face [f2f]

Research instrument

The current survey instruments are available: - Screener and Main Questionnaires.

The survey topics include firm characteristics, information about sales/suppliers, competition, infrastructure services, judiciary/law enforcement collaboration, security, government policies/laws/regulations, financing, overall business environment, bribery, capacity utilization, performance and investment activities, and workforce composition.

Cleaning operations

Data entry and first checking and validation of the results were undertaken locally. Final checking and validation of the results were made at Synovate Head Office.