Price for Artwork; Collages and Similar Decorative Plaques in Russia - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Russia (CIF) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Russia (FOB) - 2022
  3. Imports of Artwork; Collages and Similar Decorative Plaques in Russia
  4. Exports of Artwork; Collages and Similar Decorative Plaques in Russia

Price for Artwork; Collages and Similar Decorative Plaques in Russia (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $7,536 per ton, surging by 30% against the previous year. In general, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $40,654 per ton in 2012; however, from 2013 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 the United States ($36,480 per ton), while the price for Lithuania ($4,818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced a decline.

Price for Artwork; Collages and Similar Decorative Plaques in Russia (FOB) - 2022

The average export price for artwork; collages and similar decorative plaqueses stood at $1,124,008 per ton in 2022, picking up by 283% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($1,250,049 per ton), while the average price for exports to Georgia amounted to $18,916 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+96.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in Russia

In 2022, after three years of growth, there was decline in supplies from abroad of artwork; collages and similar decorative plaqueses, when their volume decreased by -4.9% to 905 tons. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year.

In value terms, imports of artwork; collages and similar decorative plaqueses surged to $6.8M in 2022. In general, imports recorded a deep reduction.

Import of Artwork; Collages and Similar Decorative Plaques in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.96.23.74.22.5%
United States2.51.50.41.3-19.6%
Others2.70.41.41.3-21.6%
Total9.18.15.56.8-9.3%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Russia in 2022:

  1. China (855.8 tons)
  2. United States (36.6 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in Russia

After three years of growth, overseas shipments of artwork; collages and similar decorative plaqueses decreased by -84.3% to 1.5 tons in 2022. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. As a result, the exports reached the peak of 9.6 tons, and then fell markedly in the following year.

In value terms, exports of artwork; collages and similar decorative plaqueses declined significantly to $1.7M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 395%. As a result, the exports reached the peak of $2.8M, and then shrank rapidly in the following year.

Export of Artwork; Collages and Similar Decorative Plaques in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LebanonN/AN/AN/A1,6990%
Georgia0.10.1N/A2.9207.2%
Cyprus15.22.3860N/A652.2%
Switzerland3.43.536.4N/A227.2%
Armenia4.31.60.1N/A-84.8%
Austria0.62241.1N/A35.4%
United Kingdom1021381,649N/A302.1%
Italy4.8N/A70.7N/A283.8%
Kyrgyzstan1.09.70.9N/A-5.1%
United States33.881.720.6N/A-21.9%
Others41.5111192N/A115.1%
Total2075722,8321,702101.8%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Russia in 2022:

  1. Lebanon (1359.0 kg)
  2. Georgia (155.0 kg)

Source: IndexBox Market Intelligence Platform

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