CIS: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in CIS

After five years of growth, the CIS iron or steel towers market decreased by -5.2% to $X in 2021. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Production of Iron Or Steel Towers And Lattice Masts in CIS

In value terms, iron or steel towers production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Exports of Iron Or Steel Towers And Lattice Masts

Exports in CIS

In 2021, the amount of iron or steel towers and lattice masts exported in the CIS skyrocketed to X tons, picking up by 162% on the previous year. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 618%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, iron or steel towers exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 299% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

In 2021, Russia (X tons) was the major exporter of iron or steel towers and lattice masts, committing 85% of total exports. It was distantly followed by Kazakhstan (X tons), comprising a 14% share of total exports.

Exports from Russia increased at an average annual rate of +37.8% from 2012 to 2021. At the same time, Kazakhstan (+45.7%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +45.7% from 2012-2021. From 2012 to 2021, the share of Russia and Kazakhstan increased by +22 and +7.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest iron or steel towers supplier in the CIS, comprising 77% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 23% share of total exports.

In Russia, iron or steel towers exports expanded at an average annual rate of +27.2% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 32% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.2%).

Imports of Iron Or Steel Towers And Lattice Masts

Imports in CIS

In 2021, approx. X tons of iron or steel towers and lattice masts were imported in the CIS; with an increase of 71% against the previous year's figure. Overall, imports, however, faced a drastic downturn. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, iron or steel towers imports soared to $X in 2021. Over the period under review, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 73%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of iron or steel towers imports in 2021 were Azerbaijan (X tons), Kyrgyzstan (X tons) and Kazakhstan (X tons), together finishing at 74% of total import. It was distantly followed by Russia (X tons) and Uzbekistan (X tons), together constituting a 21% share of total imports. Tajikistan (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Tajikistan (with a CAGR of +5.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest iron or steel towers importing markets in the CIS were Azerbaijan ($X), Kyrgyzstan ($X) and Kazakhstan ($X), with a combined 66% share of total imports. Russia, Uzbekistan and Tajikistan lagged somewhat behind, together comprising a further 32%.

Tajikistan, with a CAGR of +9.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, waning by -5.8% against the previous year. Over the period under review, the import price, however, showed a modest increase. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan ($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 (+16.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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