Russian Federation: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in the Russian Federation

In 2021, the Russian activated natural mineral products market decreased by -9.2% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a noticeable descent. Activated natural mineral products consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Activated Natural Mineral Products in the Russian Federation

In value terms, activated natural mineral products production contracted to $X in 2021 estimated in export price. In general, production showed a abrupt decline. The pace of growth appeared the most rapid in 2019 when the production volume increased by 17% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Activated Natural Mineral Products

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of activated natural mineral products, which increased by 22% to X tons in 2021. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 50%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, activated natural mineral products exports contracted rapidly to $X in 2021. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 60%. The exports peaked at $X in 2020, and then contracted notably in the following year.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and South Korea (X tons) were the main destinations of activated natural mineral products exports from Russia, with a combined 88% share of total exports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +187.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and South Korea ($X) constituted the largest markets for activated natural mineral products exported from Russia worldwide, together comprising 81% of total exports.

South Korea, with a CAGR of +184.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, with a decrease of -31.6% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 6.5%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Activated Natural Mineral Products

Imports into the Russian Federation

After four years of growth, purchases abroad of activated natural mineral products decreased by -17% to X tons in 2021. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2013 with an increase of 124% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, activated natural mineral products imports fell to $X in 2021. Over the period under review, imports continue to indicate a slight decrease. The growth pace was the most rapid in 2013 with an increase of 32%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of activated natural mineral products imports to Russia, with a combined 51% share of total imports. Germany, Spain, the Netherlands, India, Italy, Malaysia, Canada and France lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +39.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest activated natural mineral products suppliers to Russia were China ($X), Germany ($X) and the United States ($X), with a combined 48% share of total imports. Turkey, Spain, the Netherlands, Italy, India, Malaysia, France and Canada lagged somewhat behind, together accounting for a further 38%.

Canada, with a CAGR of +39.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average activated natural mineral products import price amounted to $X per ton, with an increase of 14% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 18% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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