Russian Federation: Aluminium Alloy Wire Market 2025

Aluminium Alloy Wire Market Size in the Russian Federation

The Russian aluminium alloy wire market reduced modestly to $X in 2022, declining by -3.6% against the previous year. Overall, consumption continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Aluminium Alloy Wire Production in the Russian Federation

In value terms, aluminium alloy wire production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Aluminium Alloy Wire Exports

Exports from the Russian Federation

In 2022, exports of aluminium alloy wire from Russia dropped to X tons, with a decrease of -9.1% compared with the previous year's figure. Over the period under review, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 80%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, aluminium alloy wire exports shrank sharply to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2017 with an increase of 72% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Belarus (X tons), Uzbekistan (X tons) and Ukraine (X tons) were the main destinations of aluminium alloy wire exports from Russia.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +107.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy wire exported from Russia were Belarus ($X), Uzbekistan ($X) and Ukraine ($X).

Uzbekistan, with a CAGR of +84.4%, saw the highest rates of growth with regard to 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

The average aluminium alloy wire export price stood at $X per ton in 2022, dropping by -8.9% against the previous year. Over the period under review, the export price showed a mild curtailment. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Alloy Wire Imports

Imports into the Russian Federation

In 2022, approx. X tons of aluminium alloy wire were imported into Russia; waning by -5.4% on 2021. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 20% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy wire imports dropped to $X in 2022. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium alloy wire supplier to Russia, with a 65% share of total imports. Moreover, aluminium alloy wire imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.5% per year) and Germany (-4.3% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy wire to Russia, comprising 61% of total imports. The second position in the ranking was held by Spain ($X), with an 18% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.0% per year) and Germany (-6.4% per year).

Import Prices by Country

The average aluminium alloy wire import price stood at $X per ton in 2022, with a decrease of -8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform