Russian Federation: Aluminium Tube Market 2024

Aluminium Tube Market Size in the Russian Federation

The Russian aluminium tube market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the market value increased by X%. Aluminium tube consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Aluminium Tube Production in the Russian Federation

In value terms, aluminium tube production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Aluminium tube production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium Tube Exports

Exports from the Russian Federation

Aluminium tube exports from Russia declined to X tons in 2022, reducing by X% compared with 2021. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, aluminium tube exports shrank to $X in 2022. Over the period under review, total exports indicated mild growth from 2012 to 2022: its value 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. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Germany (X tons) was the main destination for aluminium tube exports from Russia, accounting for a X% share of total exports. Moreover, aluminium tube exports to Germany exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was held by Poland (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium tubes, pipes and tube or pipe fittings exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with an X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

Export Prices by Country

The average aluminium tube export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Slovakia ($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 Slovenia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Tube Imports

Imports into the Russian Federation

In 2022, the amount of aluminium tubes, pipes and tube or pipe fittings imported into Russia declined to X tons, shrinking by X% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium tube imports contracted to $X in 2022. In general, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium tube supplier to Russia, accounting for a X% share of total imports. Moreover, aluminium tube imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium tubes, pipes and tube or pipe fittings to Russia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average aluminium tube import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 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 Romania ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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