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Russian Federation - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in Russia - 2022
Contents:
- Expanded Metal Price in Russia (CIF) - 2022
- Expanded Metal Price in Russia (FOB) - 2022
- Expanded Metal Imports in Russia
- Expanded Metal Exports in Russia
Expanded Metal Price in Russia (CIF) - 2022
In 2022, the average expanded metal import price amounted to $568 per ton, increasing by 22% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. Over the period under review, average import prices attained the maximum at $1,304 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,373 per ton), while the price for Ukraine amounted to $516 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.6%).
Expanded Metal Price in Russia (FOB) - 2022
The average expanded metal export price stood at $773 per ton in 2022, dropping by -20.4% against the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. Over the period under review, the average export prices attained the maximum at $994 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($775 per ton), while the average price for exports to Belarus amounted to $749 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+0.8%).
Expanded Metal Imports in Russia
In 2022, expanded metal imports into Russia shrank dramatically to 12K tons, declining by -34.3% compared with 2021 figures. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of 18K tons, and then declined sharply in the following year.
In value terms, expanded metal imports dropped rapidly to $6.8M in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of $8.5M, and then dropped dramatically in the following year.
Import of Expanded Metal in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 7.4 | 4.7 | 7.9 | 6.0 | -6.8% |
Italy | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
Others | 0.6 | 0.2 | 0.5 | 0.3 | -20.6% |
Total | 8.1 | 5.1 | 8.5 | 6.8 | -5.7% |
Top Suppliers of Expanded Metal to Russia in 2022:
- Ukraine (11.7K tons)
- Italy (0.2K tons)
Expanded Metal Exports in Russia
In 2022, approx. 3K tons of iron or steel expanded metal were exported from Russia; increasing by 2.5% against the year before. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 6.6%. As a result, the exports reached the peak of 3.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, expanded metal exports reduced notably to $2.3M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $2.9M, and then declined remarkably in the following year.
Export of Expanded Metal in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 765 | 1,085 | 1,147 | 1,721 | 31.0% |
Belarus | 848 | 547 | 1,091 | 560 | -12.9% |
Uzbekistan | 110 | 49.0 | 194 | N/A | 32.8% |
Azerbaijan | 77.3 | 43.4 | N/A | N/A | -43.9% |
Others | 126 | 95.6 | 441 | 65.9 | -19.4% |
Total | 1,927 | 1,820 | 2,873 | 2,347 | 6.8% |
Top Export Markets for Expanded Metal from Russia in 2022:
- Kazakhstan (2.2K tons)
- Belarus (0.7K tons)
This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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