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Russian Federation - Tankers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Tanker Market 2024
Tanker Market Size in the Russian Federation
After two years of growth, the Russian tanker market decreased by X% to $X in 2023. Over the period under review, consumption recorded a deep setback. Tanker consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.
Tanker Production in the Russian Federation
In value terms, tanker production contracted modestly to $X in 2023 estimated in export price. Overall, production saw a sharp downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Tanker Exports
Exports from the Russian Federation
In 2023, overseas shipments of tankers were finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, tanker exports skyrocketed to $X in 2023. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Kazakhstan (X units) and Turkey (X units) were the main destinations of tanker exports from Russia. Moreover, tanker exports in Kazakhstan exceeded the figures recorded by the second-largest exporter, Turkey, twofold.
From 2012 to 2023, the biggest increases were recorded for Kazakhstan (with a CAGR of X%).
In value terms, Kazakhstan ($X) emerged as the key foreign market for tankers exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Kazakhstan totaled X%.
Export Prices by Country
In 2023, the average tanker export price amounted to $X,934 per unit, reducing by X% against the previous year. Over the period under review, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X,105 per unit. From 2017 to 2023, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X,901 per unit), while the average price for exports to Turkey amounted to $X,000 per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced more modest paces of growth.
Tanker Imports
Imports into the Russian Federation
In 2023, imports of tankers into Russia declined markedly to X units, shrinking by X% against the previous year. Overall, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, tanker imports skyrocketed to $X in 2023. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
Turkey (X units) and China (X units) were the main suppliers of tanker imports to Russia. Moreover, tanker imports in Turkey exceeded the figures recorded by the second-largest supplier, China, twofold.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%).
In value terms, Turkey ($X) constituted the largest supplier of tankers to Russia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Turkey stood at X%.
Import Prices by Country
The average tanker import price stood at $X,621 per unit in 2023, growing by X% against the previous year. Overall, the import price showed a pronounced increase. The import price peaked at $X,138 per unit in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X,432 per unit), while the price for China amounted to $X,000 per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the tanker 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 30112210 - Crude oil tankers
- Prodcom 30112230 - Oil product tankers
- Prodcom 30112250 - Chemical tankers
- Prodcom 30112270 - Gas carriers
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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