CIS: Extruded Rod Market 2022

Extruded Rod Market Size in CIS

In 2021, the CIS extruded rod market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Extruded Rod Production in CIS

In value terms, extruded rod production surged to $X in 2021 estimated in export price. Overall, production, however, showed a drastic downturn. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports in CIS

In 2021, after two years of decline, there was significant growth in overseas shipments of extruded rods and profile shapes of cellular vulcanised rubber, when their volume increased by X% to X tons. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, extruded rod exports soared to $X in 2021. Overall, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2021. Belarus (X tons) held a little share of total exports.

Russia was also the fastest-growing in terms of the extruded rods and profile shapes of cellular vulcanised rubber exports, with a CAGR of +X% from 2012 to 2021. Belarus (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest extruded rod supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the export price enjoyed notable growth. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-X%).

Extruded Rod Imports

Imports in CIS

For the third year in a row, the CIS recorded growth in supplies from abroad of extruded rods and profile shapes of cellular vulcanised rubber, which increased by X% to X tons in 2021. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, extruded rod imports soared to $X in 2021. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) represented the major importer of extruded rods and profile shapes of cellular vulcanised rubber, achieving X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Belarus (X%). Kazakhstan (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to extruded rod imports into Russia stood at +X%. At the same time, Uzbekistan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Uzbekistan (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-X p.p.) and Kazakhstan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported extruded rods and profile shapes of cellular vulcanised rubber in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, extruded rod imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+X% per year) and Belarus (-X% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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