Russian Federation: Bauxite Market 2025

Bauxite Market Size in the Russian Federation

The Russian bauxite market totaled $X in 2022, rising by 1.7% against the previous year. Overall, consumption continues to indicate a buoyant increase. Bauxite consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Bauxite Production in the Russian Federation

In value terms, bauxite production amounted to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 191% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Bauxite Exports

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of bauxite, which increased by 52% to X tons in 2022. Over the period under review, exports, however, recorded a dramatic slump. The growth pace was the most rapid in 2018 when exports increased by 283% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bauxite exports dropped to $X in 2022. Overall, exports, however, continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2018 with an increase of 229%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for bauxite exports from Russia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at -14.2%.

In value terms, Latvia ($X) also remains the key foreign market for bauxite exports from Russia.

From 2012 to 2022, the average annual growth rate of value to Latvia was relatively modest.

Export Prices by Country

In 2022, the average bauxite export price amounted to $X per ton, falling by -40.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 126% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +55.0% per year.

Bauxite Imports

Imports into the Russian Federation

In 2022, overseas purchases of bauxite decreased by -7.5% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by 28%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bauxite imports reduced to $X in 2022. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2019 when imports increased by 46%. Over the period under review, imports hit record highs 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 bauxite supplier to Russia, accounting for a 61% share of total imports. Moreover, bauxite imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Brazil (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+70.3% per year) and Brazil (+491.9% per year).

In value terms, China ($X) constituted the largest supplier of bauxite to Russia, comprising 55% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+65.5% per year) and the Netherlands (+1.6% per year).

Import Prices by Country

In 2022, the average bauxite import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 118% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+48.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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