CIS: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in CIS

In 2021, the CIS metal pickling preparations market increased by 0.6% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, recorded a mild contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Metal Pickling Preparations Production in CIS

In value terms, metal pickling preparations production reduced modestly to $X in 2021 estimated in export price. The total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +7.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Metal Pickling Preparations Exports

Exports in CIS

In 2021, approx. X tons of pickling preparations for metal surfaces were exported in the CIS; picking up by 16% compared with the previous year. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 70%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, metal pickling preparations exports soared to $X in 2021. Over the period under review, exports recorded a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 52% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

In 2021, Russia (X tons) was the key exporter of pickling preparations for metal surfaces, generating 69% of total exports. It was distantly followed by Belarus (X tons), achieving a 30% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal pickling preparations exports from Russia stood at +13.7%. At the same time, Belarus (+38.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +38.5% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +23 percentage points.

In value terms, Russia ($X) remains the largest metal pickling preparations supplier in the CIS, comprising 78% of total exports. The second position in the ranking was taken by Belarus ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +8.3%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, growing by 30% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 41%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: 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 (-4.4%).

Metal Pickling Preparations Imports

Imports in CIS

In 2021, metal pickling preparations imports in the CIS totaled X tons, standing approx. at the previous year's figure. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 16%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal pickling preparations imports stood at $X in 2021. In general, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Russia represented the major importing country with an import of around X tons, which finished at 60% of total imports. Belarus (X tons) held a 24% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (7.1%) and Kazakhstan (5.3%). Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal pickling preparations imports into Russia stood at -10.4%. At the same time, Azerbaijan (+12.2%), Belarus (+6.1%), Kazakhstan (+3.2%) and Uzbekistan (+2.6%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +12.2% from 2012-2021. While the share of Belarus (+16 p.p.), Uzbekistan (+7.1 p.p.), Kazakhstan (+3.1 p.p.) and Azerbaijan (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-29.3 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported pickling preparations for metal surfaces in the CIS, comprising 61% of total imports. The second position in the ranking was taken by Belarus ($X), with a 23% share of total imports. It was followed by Uzbekistan, with an 8% share.

In Russia, metal pickling preparations imports shrank by an average annual rate of -8.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+6.9% per year) and Uzbekistan (+29.7% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, increasing by 8.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 when the import price increased by 21%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Uzbekistan ($X per ton) and Russia ($X per ton), while Kazakhstan ($X per ton) and Azerbaijan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+26.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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