CIS: Hot-Rolled Tool Steel Bar Market 2020

Hot-Rolled Tool Steel Bar Market Size in CIS

The revenue of the hot-rolled tool steel bar market in CIS amounted to $X in 2017, increasing by X% against the previous year. The hot-rolled tool steel bar consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the hot-rolled tool steel bar market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Production in CIS

In 2017, the amount of hot-rolled bars in tool steels produced in CIS amounted to X tons, rising by X% against the previous year. The total output indicated a prominent expansion 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 hot-rolled tool steel bar production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the hot-rolled tool steel bar production reached its peak figure volume in 2017, and is likely to continue its growth in the near future.

Hot-Rolled Tool Steel Bar Exports in CIS

In 2017, the amount of hot-rolled bars in tool steels exported in CIS totaled X tons, picking up by X% against the previous year. The hot-rolled tool steel bar exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, hot-rolled tool steel bar exports amounted to $X in 2017. The hot-rolled tool steel bar exports continue to indicate a noticeable increase. Over the period under review, the hot-rolled tool steel bar exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Exports by Country in CIS

Russia represented the largest exporter of hot-rolled bars in tool steels in CIS, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. It was distantly followed by Belarus (X tons), committing X% share of total exports. Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to hot-rolled tool steel bar exports from Russia stood at +X%. At the same time, Kyrgyzstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest hot-rolled tool steel bar supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kyrgyzstan (+X% per year).

Hot-Rolled Tool Steel Bar Export Prices by Country in CIS

The hot-rolled tool steel bar export price in CIS stood at $X per ton in 2017, rising by X% against the previous year. The hot-rolled tool steel bar export price continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. Over the period under review, the export prices for hot-rolled bars in tool steels attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Russia ($X per ton), while Kyrgyzstan ($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 Belarus (-X% per year), while the other leaders experienced a decline in the export price figures.

Hot-Rolled Tool Steel Bar Imports in CIS

The imports totaled X tons in 2017, going up by X% against the previous year. The hot-rolled tool steel bar imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. Over the period under review, the hot-rolled tool steel bar imports attained its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, hot-rolled tool steel bar imports totaled $X in 2017. The hot-rolled tool steel bar imports continue to indicate an abrupt shrinkage. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Imports by Country in CIS

Belarus represented the major importing country with an import of about X tons, which amounted to X% of total imports. Kazakhstan (X tons) occupied the second position in the ranking, distantly followed by Russia (X tons). All these countries together occupied approx. X% share of total imports.

Imports into Belarus decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Belarus (X%) and Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Russia (-X%) displayed negative dynamics.

In value terms, Belarus ($X) constitutes the largest market for imported hot-rolled bars in tool steels in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

In Belarus, hot-rolled tool steel bar imports decreased by 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 Russia (+X% per year).

Hot-Rolled Tool Steel Bar Import Prices by Country in CIS

In 2017, the hot-rolled tool steel bar import price in CIS amounted to $X per ton, coming up by X% against the previous year. The hot-rolled tool steel bar import price continues to indicate a temperate curtailment. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. Over the period under review, the import prices for hot-rolled bars in tool steels attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

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 ($X per ton), while Kazakhstan ($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 a decline in the import price figures.

Source: IndexBox Platform