Russian Federation: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in the Russian Federation

In 2022, the Russian market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, saw a slight decrease. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in the Russian Federation

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm contracted to $X in 2022 estimated in export price. In general, production recorded a slight setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from the Russian Federation

In 2022, shipments abroad of aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to X tons, falling for the third consecutive year after six years of growth. Over the period under review, exports, however, posted a notable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm declined markedly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Ukraine (X tons) and the United States (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from Russia, with a combined X% share of total exports. Belarus, Finland, China, Germany, Taiwan (Chinese), Singapore, South Korea, Kazakhstan and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for aluminium alloy plates, sheets and strip of thickness over X mm exports from Russia, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with an X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Belarus (X% per year).

Export Prices by Country

The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price showed a mild slump. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per ton) and Belarus ($X per ton), while the average price for exports to Finland ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into the Russian Federation

In 2022, purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Serbia (X tons) and Azerbaijan (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to Russia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Azerbaijan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Serbia ($X) and France ($X) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm suppliers to Russia, with a combined X% share of total imports. Azerbaijan, Turkey, Germany, Greece, Italy and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Azerbaijan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price saw a noticeable descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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