CIS: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in CIS

The CIS non-malleable cast iron articles market contracted slightly to $X in 2022, which is down by -4.1% against the previous year. Overall, consumption showed a slight downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Articles Of Non-Malleable Cast Iron in CIS

In value terms, non-malleable cast iron articles production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports in CIS

After two years of growth, shipments abroad of articles of non-malleable cast iron decreased by -4.6% to X tons in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 14%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined slightly in the following year.

In value terms, non-malleable cast iron articles exports amounted to $X in 2022. Total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 28%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, Belarus (X tons) represented the largest exporter of articles of non-malleable cast iron, making up 53% of total exports. It was distantly followed by Kazakhstan (X tons), Russia (X tons) and Azerbaijan (X tons), together achieving a 47% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-malleable cast iron articles exports from Belarus stood at -3.1%. At the same time, Azerbaijan (+111.3%) and Kazakhstan (+22.8%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +111.3% from 2012-2022. Russia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Kazakhstan and Azerbaijan increased by +21 and +6.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X), Kazakhstan ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 92% of total exports. These countries were followed by Azerbaijan, which accounted for a further 8.1%.

Azerbaijan, with a CAGR of +44.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, surging by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 when the export price increased by 18%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Articles Of Non-Malleable Cast Iron

Imports in CIS

Non-malleable cast iron articles imports contracted modestly to X tons in 2022, dropping by -3.6% compared with 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, non-malleable cast iron articles imports contracted modestly to $X in 2022. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2019 when imports increased by 30%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the main importing country with an import of around X tons, which resulted at 85% of total imports. It was distantly followed by Belarus (X tons), creating an 11% share of total imports. Kazakhstan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, Belarus (+13.9%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +13.9% from 2012-2022. By contrast, Kazakhstan (-6.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Belarus increased by +8 and +7.9 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported articles of non-malleable cast iron in the CIS, comprising 77% of total imports. The second position in the ranking was taken by Belarus ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to -2.1%. In the other countries, the average annual rates were as follows: Belarus (+8.7% per year) and Kazakhstan (-2.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by 2.8% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of 22%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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