Russian Federation: Alkali Metals Market 2024

Alkali Metals Market Size in the Russian Federation

After two years of decline, the Russian alkali metals market increased by 2,787% to $X in 2021. Over the period under review, consumption enjoyed a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Alkali Metals Production in the Russian Federation

In value terms, alkali metals production soared to $X in 2021 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 60% against the previous year. Alkali metals production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Alkali Metals Exports

Exports from the Russian Federation

In 2021, approx. X tons of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were exported from Russia; approximately mirroring the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 19%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, alkali metals exports stood at $X in 2021. Over the period under review, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.5% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 25%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for alkali metals exports from Russia, with a 59% share of total exports. Moreover, alkali metals exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.1% per year) and Germany (-12.9% per year).

In value terms, Germany ($X) remains the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Russia, comprising 40% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total exports. It was followed by the United States, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.1% per year) and the United States (+30.5% per year).

Export Prices by Country

In 2021, the average alkali metals export price amounted to $X per ton, increasing by 3.5% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, alkali metals export price decreased by -15.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Norway ($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 China (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals Imports

Imports into the Russian Federation

In 2021, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 118% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals imports surged to $X in 2021. Overall, imports posted temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of alkali metals to Russia, accounting for a 100% share of total imports. It was followed by France (X tons), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.8%.

In value terms, China ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Russia, comprising 92% of total imports. The second position in the ranking was taken by France ($X), with a 0.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.3%.

Import Prices by Country

The average alkali metals import price stood at $X per ton in 2021, falling by -5.9% against the previous year. Over the period under review, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+43.9%).

Source: IndexBox Platform

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