Price for Carbides, Whether or Not Chemically Defined in Russia - 2022

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Russia (FOB) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Russia (CIF) - 2022
  3. Exports of Carbides, Whether or Not Chemically Defined in Russia
  4. Imports of Carbides, Whether or Not Chemically Defined in Russia

Price for Carbides, Whether or Not Chemically Defined in Russia (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,478 per ton, with an increase of 19% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($1,681 per ton) and Germany ($1,667 per ton), while the average price for exports to South Korea ($1,159 per ton) and Kazakhstan ($1,170 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Russia (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,197 per ton, surging by 37% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +42.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($4,751 per ton), while the price for Kazakhstan ($942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carbides, Whether or Not Chemically Defined in Russia

In 2022, shipments abroad of carbides, whether or not chemically defineds decreased by -26.2% to 53K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of 72K tons, and then declined markedly in the following year.

In value terms, exports of carbides, whether or not chemically defineds reduced to $79M in 2022. The total export value increased at an average annual rate of +5.2% 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 2021 when exports increased by 24%. As a result, the exports attained the peak of $89M, and then contracted in the following year.

Export of Carbides, Whether or Not Chemically Defined in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.511.113.513.111.3%
India7.310.211.58.76.0%
Norway3.33.83.65.619.3%
Turkey2.83.13.64.718.8%
Poland2.73.66.34.014.0%
Slovenia3.23.23.64.07.7%
Kazakhstan1.51.71.62.721.6%
Italy1.71.31.72.310.6%
Czech Republic1.70.91.62.310.6%
France1.10.82.11.510.9%
South Korea1.31.51.00.9-11.5%
United States3.82.61.50.5-49.1%
Belarus2.93.53.6N/A11.4%
Others24.724.633.928.34.6%
Total67.671.989.278.65.2%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Russia in 2022:

  1. Germany (7.9K tons)
  2. India (6.7K tons)
  3. Norway (3.9K tons)
  4. Turkey (3.2K tons)
  5. Slovenia (3.1K tons)
  6. Poland (2.4K tons)
  7. Kazakhstan (2.3K tons)
  8. Czech Republic (1.7K tons)
  9. Italy (1.4K tons)
  10. France (1.2K tons)
  11. South Korea (0.8K tons)
  12. United States (0.3K tons)

Imports of Carbides, Whether or Not Chemically Defined in Russia

In 2022, the amount of carbides, whether or not chemically defineds imported into Russia plummeted to 21K tons, with a decrease of -30.2% compared with 2021. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 30K tons, and then shrank rapidly in the following year.

In value terms, imports of carbides, whether or not chemically defineds contracted modestly to $25M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of $26M, and then fell slightly in the following year.

Import of Carbides, Whether or Not Chemically Defined in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan13.111.815.418.211.6%
China3.93.75.36.116.1%
Ukraine1.50.52.30.5-30.7%
Slovakia1.11.11.1N/A0.0%
Others2.11.72.20.4-42.5%
Total21.718.826.325.25.1%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Russia in 2022:

  1. Kazakhstan (19.3K tons)
  2. China (1.3K tons)
  3. Ukraine (0.4K tons)

Source: IndexBox Market Intelligence Platform

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