CIS: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in CIS

After two years of decline, the CIS mill rolling roll market increased by 11% to $X in 2022. Overall, consumption, however, showed a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Production in CIS

In value terms, mill rolling roll production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Mill Rolling Roll Exports

Exports in CIS

After two years of growth, overseas shipments of rolls for rolling mills decreased by -4.6% to X units in 2022. Total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of 28% against the previous year. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, mill rolling roll exports declined to $X in 2022. Overall, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2018 with an increase of 36%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, accounting for X units, which was approx. 88% of total exports in 2022. It was distantly followed by Armenia (X units) and Kazakhstan (X units), together mixing up a 12% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of rolls for rolling mills. At the same time, Kazakhstan (+55.6%) and Armenia (+14.6%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +55.6% from 2012-2022. Armenia (+7.2 p.p.) and Kazakhstan (+4.7 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -10.5% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest mill rolling roll supplier in the CIS, comprising 100% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 0.4% share of total exports.

In Russia, mill rolling roll exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (+65.4% per year) and Armenia (+75.5% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, remaining stable against the previous year. In general, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 22%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+53.2%), while the other leaders experienced mixed trends in the export price figures.

Mill Rolling Roll Imports

Imports in CIS

In 2022, purchases abroad of rolls for rolling mills was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of 47%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mill rolling roll imports amounted to $X in 2022. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 17%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, accounting for X units, which was near 81% of total imports in 2022. Kazakhstan (X units) ranks second in terms of the total imports with a 7.2% share, followed by Uzbekistan (5.4%). Tajikistan (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of -1.3% from 2012 to 2022. At the same time, Uzbekistan (+18.6%) and Tajikistan (+6.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +18.6% from 2012-2022. By contrast, Kazakhstan (-5.4%) illustrated a downward trend over the same period. Uzbekistan (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -3.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported rolls for rolling mills in the CIS, comprising 88% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 7.5% share of total imports. It was followed by Uzbekistan, with a 2.7% share.

In Russia, mill rolling roll imports plunged by an average annual rate of -6.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (-7.6% per year) and Uzbekistan (+40.7% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, approximately mirroring the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+18.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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