Russian Federation - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Russia - 2022
Contents:
- Unwrought Aluminium Alloys Price in Russia (FOB) - 2022
- Unwrought Aluminium Alloys Price in Russia (CIF) - 2022
- Unwrought Aluminium Alloys Exports in Russia
- Unwrought Aluminium Alloys Imports in Russia
Unwrought Aluminium Alloys Price in Russia (FOB) - 2022
The average unwrought aluminium alloys export price stood at $2,525 per ton in January 2022, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +3.9%. The pace of growth appeared the most rapid in July 2021 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices reached the maximum in January 2022.
There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was Belarus ($3,120 per ton), while the average price for exports to Morocco ($1,447 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 Israel (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Unwrought Aluminium Alloys Price in Russia (CIF) - 2022
In 2022, the average unwrought aluminium alloys import price amounted to $2,570 per ton, which is down by -17.1% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. The import price peaked at $3,631 per ton in 2017; however, from 2018 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 China ($3,223 per ton), while the price for Belarus ($1,340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+8.1%), while the prices for the other major suppliers experienced a decline.
Unwrought Aluminium Alloys Exports in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of unwrought aluminium alloys, when their volume decreased by -23.3% to 1.2M tons. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 86%. As a result, the exports attained the peak of 1.6M tons, and then shrank rapidly in the following year.
In value terms, unwrought aluminium alloys exports fell notably to $2.3B in 2022. In general, exports, however, saw prominent growth. The growth pace was the most rapid in 2021 when exports increased by 155% against the previous year. As a result, the exports attained the peak of $3.4B, and then fell notably in the following year.
Export of Unwrought Aluminium Alloys in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 153 | 164 | 526 | 430 | 41.1% |
Netherlands | 189 | 105 | 145 | 363 | 24.3% |
Japan | 254 | 284 | 527 | 287 | 4.2% |
Turkey | 85.8 | 80.7 | 225 | 218 | 36.5% |
Greece | 105 | 74.6 | 167 | 181 | 19.9% |
Thailand | 23.0 | 28.3 | 79.4 | 135 | 80.4% |
South Korea | 140 | 92.4 | 220 | 82.7 | -16.1% |
Israel | 42.8 | 17.9 | 39.1 | 78.7 | 22.5% |
Belarus | 29.2 | 44.5 | 60.9 | 73.1 | 35.8% |
Taiwan (Chinese) | 10.1 | 33.5 | 173 | 62.4 | 83.5% |
Italy | 92.4 | 58.6 | 163 | 61.2 | -12.8% |
Morocco | 12.4 | 9.2 | 55.9 | 33.8 | 39.7% |
Switzerland | 89.7 | 15.2 | 18.2 | 2.6 | -69.3% |
Others | 263 | 309 | 953 | 326 | 7.4% |
Total | 1,490 | 1,316 | 3,352 | 2,334 | 16.1% |
Top Export Markets for Unwrought Aluminium Alloys from Russia in 2022:
- United States (232.1K tons)
- Netherlands (174.9K tons)
- Japan (150.0K tons)
- Turkey (105.4K tons)
- Greece (92.9K tons)
- Thailand (67.6K tons)
- South Korea (49.5K tons)
- Israel (38.8K tons)
- Italy (32.9K tons)
- Taiwan (Chinese) (31.5K tons)
- Belarus (30.5K tons)
- Morocco (30.4K tons)
- Switzerland (1.3K tons)
Unwrought Aluminium Alloys Imports in Russia
After two years of decline, overseas purchases of unwrought aluminium alloys increased by 1.7% to 4.9K tons in 2022. In general, imports, however, recorded a abrupt slump.
In value terms, unwrought aluminium alloys imports dropped significantly to $13M in 2022. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.
Import of Unwrought Aluminium Alloys in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.9 | 3.1 | 6.0 | 9.4 | 34.1% |
Kazakhstan | 3.7 | 4.2 | 5.9 | 2.6 | -11.1% |
Belarus | 0.4 | 0.3 | 0.8 | 0.5 | 7.7% |
Spain | 0.7 | 0.3 | 0.7 | N/A | 0.0% |
Poland | 5.1 | 0.7 | N/A | N/A | -86.3% |
Others | 2.1 | 1.8 | 1.7 | 0.2 | -54.3% |
Total | 15.8 | 10.4 | 15.1 | 12.7 | -7.0% |
Top Suppliers of Unwrought Aluminium Alloys to Russia in 2022:
- China (2.9K tons)
- Kazakhstan (1.6K tons)
- Belarus (0.4K tons)
This report provides an in-depth analysis of the unwrought aluminium alloys 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 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
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 unwrought aluminium alloys market in the Russian Federation.
This report provides an in-depth analysis of the aluminum market in the Russian Federation.
This report provides an in-depth analysis of the aluminium market in the Russian Federation.
This report provides an in-depth analysis of the aluminium and titanium market in the Russian Federation.
This report provides an in-depth analysis of the global unwrought aluminium alloys market.
This report provides an in-depth analysis of the global aluminum market.
This report provides an in-depth analysis of the global aluminium market.
This report provides an in-depth analysis of the global aluminium and titanium market.
This report provides an in-depth analysis of the unwrought aluminium alloys market in the Russian Federation.
This report provides an in-depth analysis of the aluminum market in the Russian Federation.
Russia, the second-largest supplier in the global aluminium market, could lose a significant part of export earnings due to sanctions imposed by the West amid the conflict in Ukraine.
Explore the top import markets for unwrought aluminium alloys in 2023. Find out which countries lead the way in importing this essential material for various industries.
Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.
Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
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