CIS: Forged Metal Articles Market 2020

Forged Metal Articles Market Size in CIS

The revenue of the forged metal articles market in CIS amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forged metal articles consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2009, with an increase of X% year-to-year. Over the period under review, the forged metal articles market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Forged Metal Articles Production in CIS

In 2017, production of forged or stamped articles of iron or steel in CIS amounted to X tons, remaining stable against the previous year. The forged metal articles production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the output figure increased by X% y-o-y. The volume of forged metal articles production peaked in 2017, and is expected to retain its growth in the near future.

Forged Metal Articles Exports in CIS

In 2017, approx. X tons of forged or stamped articles of iron or steel were exported in CIS; growing by X% against the previous year. The forged metal articles exports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, forged metal articles exports totaled $X in 2017. The forged metal articles exports continue to indicate a moderate downturn. Over the period under review, the forged metal articles exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Forged Metal Articles Exports by Country in CIS

Russia represented the major exporting country with an export of about X tons, which accounted for X% of total exports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Belarus (X tons). All these countries together took approx. X% share of total exports. Moldova (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to forged metal articles exports from Russia stood at -X%. At the same time, Moldova (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Russia and Belarus increased by X% and X% percentage points, while Kazakhstan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest forged metal articles supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

In Russia, forged metal articles exports declined by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Belarus (-X% per year).

Forged Metal Articles Export Prices by Country in CIS

In 2017, the forged metal articles export price in CIS amounted to $X per ton, surging by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forged metal articles export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The level of export price peaked in 2017, and is likely to see steady growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Belarus ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Forged Metal Articles Imports in CIS

The imports stood at X tons in 2017, going up by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forged metal articles imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. In that year, the forged metal articles imports reached their peak volume of X tons. From 2013 to 2017, growth of the forged metal articles imports stood at a somewhat lower level.

In value terms, forged metal articles imports amounted to $X in 2017. The forged metal articles imports continue to indicate a prominent expansion. Over the period under review, the forged metal articles imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Forged Metal Articles Imports by Country in CIS

Russia (X tons) and Kazakhstan (X tons) prevails in forged metal articles imports structure, together committing X% of total imports. Kyrgyzstan (X tons) occupied the second position in the ranking, followed by Armenia (X tons). All these countries together took approx. X% share of total imports. The following importers - Belarus (X tons) and Azerbaijan (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Armenia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported forged or stamped articles of iron or steel in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Russia, forged metal articles imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Kyrgyzstan (+X% per year).

Forged Metal Articles Import Prices by Country in CIS

The forged metal articles import price in CIS stood at $X per ton in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform