CIS: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in CIS

The CIS market for iron or steel leaf-springs and leaves dropped to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption showed a slight decline. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Production of Iron Or Steel Leaf-Springs And Leaves in CIS

In value terms, production of iron or steel leaf-springs and leaves shrank to $X in 2020 estimated in export prices. In general, production, however, saw a slight reduction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Production By Country in CIS

Russia (X tons) constituted the country with the largest volume of production of iron or steel leaf-springs and leaves, comprising approx. X% of total volume. It was followed by Belarus (X tons), with a X% share of total production.

From 2007 to 2020, the average annual rate of growth in terms of volume in Russia was relatively modest.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports in CIS

In 2020, exports of iron or steel leaf-springs and leaves in the CIS soared to X tons, increasing by X% on 2019. Total exports indicated a mild increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves amounted to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Russia represented the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Belarus (X tons), comprising a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of iron or steel leaf-springs and leaves. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2020. Belarus (+X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Russia ($X) remains the largest iron or steel leaf-spring and leave supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total exports.

In Russia, exports of iron or steel leaf-springs and leaves remained relatively stable over the period from 2007-2020.

Export Prices by Country

In 2020, the export price for iron or steel leaf-springs and leaves in the CIS amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price saw a slight setback. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports in CIS

In 2020, purchases abroad of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second year in a row after three years of growth. Total imports indicated a modest increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves dropped sharply to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Russia was the major importer of iron or steel leaf-springs and leaves in the CIS, with the volume of imports recording X tons, which was approx. X% of total imports in 2020. Belarus (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Kazakhstan (X%) and Uzbekistan (X%). Azerbaijan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of iron or steel leaf-springs and leaves. At the same time, Uzbekistan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2020. By contrast, Azerbaijan (-X%) illustrated a downward trend over the same period. Belarus (+X p.p.) and Uzbekistan (+X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported iron or steel leaf-springs and leaves in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (-X% per year).

Import Prices by Country

In 2020, the import price for iron or steel leaf-springs and leaves in the CIS amounted to $X per ton, waning by -X% against the previous year. Overall, the import price showed a mild downturn. The pace of growth was the most pronounced in 2009 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Azerbaijan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :