Russian Federation: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in the Russian Federation

The Russian aluminium pipe fittings market was estimated at $X in 2021, remaining relatively unchanged against the previous year. In general, consumption showed a pronounced decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aluminium Pipe Fittings Production in the Russian Federation

In value terms, aluminium pipe fittings production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 with an increase of 48%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Aluminium Pipe Fittings Exports

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of aluminium tube or pipe fittings, which increased by 28% to X tons in 2021. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 86%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, aluminium pipe fittings exports surged to $X in 2021. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 80%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Uzbekistan (X tons) and Belarus (X tons) were the main destinations of aluminium pipe fittings exports from Russia, together comprising 81% of total exports. These countries were followed by Azerbaijan, Sudan, Kyrgyzstan, Ukraine and India, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sudan (with a CAGR of +246.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium pipe fittings exported from Russia were Uzbekistan ($X), Kazakhstan ($X) and Belarus ($X), with a combined 72% share of total exports. Ukraine, Sudan, Kyrgyzstan, Azerbaijan and India lagged somewhat behind, together accounting for a further 14%.

Sudan, with a CAGR of +178.1%, saw the highest growth rate of the value of exports, in terms of 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 pipe fittings export price stood at $X per ton in 2021, shrinking by -6.4% against the previous year. Overall, the export price showed a abrupt decline. The growth pace was the most rapid in 2015 an increase of 64% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Azerbaijan ($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 Belarus (-0.8%), while the prices for the other major destinations experienced a decline.

Aluminium Pipe Fittings Imports

Imports into the Russian Federation

In 2021, supplies from abroad of aluminium tube or pipe fittings was finally on the rise to reach X tons after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 89%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, aluminium pipe fittings imports stood at $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 25%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Belarus (X tons) and Italy (X tons) were the main suppliers of aluminium pipe fittings imports to Russia, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest aluminium pipe fittings suppliers to Russia, together accounting for 56% of total imports. Belarus, South Korea, Spain, Ukraine and Sweden lagged somewhat behind, together accounting for a further 22%.

Belarus, with a CAGR of +29.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average aluminium pipe fittings import price amounted to $X per ton, declining by -10.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 55% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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