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Russian Federation - Interchangeable Spanner Sockets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInterchangeable Spanner Socket Price in Russia - 2022
Contents:
- Interchangeable Spanner Socket Price in Russia (CIF) - 2022
- Interchangeable Spanner Socket Price in Russia (FOB) - 2022
- Interchangeable Spanner Socket Imports in Russia
- Interchangeable Spanner Socket Exports in Russia
Interchangeable Spanner Socket Price in Russia (CIF) - 2022
In January 2022, the average interchangeable spanner socket import price amounted to $8,291 per ton, surging by 6.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2021 when the average import price increased by 25% against the previous month. The import price peaked at $8,442 per ton in August 2021; however, from September 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($12,767 per ton), while the price for China ($5,937 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Interchangeable Spanner Socket Price in Russia (FOB) - 2022
The average interchangeable spanner socket export price stood at $17,792 per ton in January 2022, shrinking by -25.1% against the previous month. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in December 2021 an increase of 179% month-to-month. As a result, the export price attained the peak level of $23,767 per ton, and then fell significantly in the following month.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Belarus ($12,913 per ton), while the average price for exports to Ukraine ($7,376 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Interchangeable Spanner Socket Imports in Russia
In 2022, the amount of interchangeable spanner sockets imported into Russia contracted slightly to 2.7K tons, declining by -3.2% compared with the year before. In general, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7.1% against the previous year.
In value terms, interchangeable spanner socket imports shrank to $20M in 2022. Overall, imports saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of $21M, and then contracted in the following year.
Import of Interchangeable Spanner Socket in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.2 | 6.6 | 6.6 | 15.9 | 36.9% |
Poland | 0.9 | 0.7 | 0.5 | 0.6 | -12.6% |
Taiwan (Chinese) | 8.0 | 5.8 | 9.5 | N/A | 9.0% |
Belarus | 0.8 | 0.7 | 0.7 | N/A | -6.5% |
Others | 4.6 | 4.3 | 4.1 | 3.2 | -11.4% |
Total | 20.4 | 18.2 | 21.3 | 19.7 | -1.2% |
Top Suppliers of Interchangeable Spanner Socket to Russia in 2022:
- China (2556.0 tons)
- Poland (57.1 tons)
Interchangeable Spanner Socket Exports in Russia
In 2022, exports of interchangeable spanner sockets from Russia dropped dramatically to 104 tons, which is down by -25.2% compared with 2021. In general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 92%. As a result, the exports reached the peak of 139 tons, and then shrank markedly in the following year.
In value terms, interchangeable spanner socket exports reached $1.6M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 89%. As a result, the exports reached the peak of $1.6M; afterwards, it flattened through to 2022.
Export of Interchangeable Spanner Socket in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 258 | 160 | 361 | 731 | 41.5% |
Kazakhstan | 335 | 480 | 561 | 289 | -4.8% |
Ukraine | 106 | 65.6 | 104 | 47.2 | -23.6% |
Armenia | 2.6 | 6.1 | 26.2 | 12.8 | 70.1% |
Turkmenistan | N/A | 646 | 3.4 | N/A | -99.5% |
Others | 147 | 250 | 507 | 505 | 50.9% |
Total | 848 | 1,608 | 1,562 | 1,585 | 23.2% |
Top Export Markets for Interchangeable Spanner Socket from Russia in 2022:
- Belarus (64.5 tons)
- Kazakhstan (27.5 tons)
- Ukraine (7.3 tons)
- Armenia (2.3 tons)
This report provides an in-depth analysis of the interchangeable spanner socket 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 25733037 - Interchangeable spanner sockets
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
-
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
This report provides an in-depth analysis of the interchangeable spanner socket market in the Russian Federation.
This report provides an in-depth analysis of the hand tools market in the Russian Federation.
This report provides an in-depth analysis of the manifold business form market in the Russian Federation.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
This report provides an in-depth analysis of the global hand tools market.
This report provides an in-depth analysis of the global manifold business form market.
This report provides an in-depth analysis of the interchangeable spanner socket market in the Russian Federation.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
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