Report Update Nov 1, 2024

Russian Federation - Bauxite - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Bauxite Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for bauxite in the world?

The country with the largest volume of bauxite consumption was China, accounting for 48% of total volume. Moreover, bauxite consumption in China exceeded the figures recorded by the second-largest consumer, Australia, twofold. The third position in this ranking was occupied by Brazil, with a 7.7% share.

What are the largest producers of bauxite in the world?

The countries with the highest volumes of in 2021 were Australia, Guinea and China, with a combined 68% share of global production.

What are the leading suppliers of bauxite to the Russian Federation?

In value terms, China constituted the largest supplier of bauxite to Russia, comprising 68% of total imports. The second position in the ranking was occupied by Spain, with a 9.6% share of total imports. It was followed by the Netherlands, with a 6.5% share.

What are the leading importers of bauxite from the Russian Federation?

In value terms, Latvia, Kazakhstan and Ukraine constituted the largest markets for bauxite exported from Russia worldwide, together accounting for 98% of total exports.

What is the average export price for bauxite in the Russian Federation?

In 2021, the average bauxite export price amounted to $343 per ton, waning by -41.4% against the previous year.

What is the average import price for bauxite in the Russian Federation?

The average bauxite import price stood at $407 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the bauxite market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291300 - Aluminium ores and concentrates

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023