Report Update Jan 1, 2025

Russian Federation - Aluminum (Unwrought, not Alloyed) - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Aluminium Market 2025

Aluminium Market Size in the Russian Federation

In 2022, the Russian aluminium market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a mild setback. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Aluminium Production in the Russian Federation

In value terms, aluminium production fell slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild descent. The growth pace was the most rapid in 2014 when the production volume increased by 37%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Aluminium Exports

Exports from the Russian Federation

In 2022, approx. X tons of aluminum (unwrought, not alloyed) were exported from Russia; reducing by -8.1% on 2021 figures. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 72% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium exports fell markedly to $X in 2022. Overall, exports recorded a mild slump. The pace of growth appeared the most rapid in 2014 when exports increased by 78%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Japan (X tons) and China (X tons) were the main destinations of aluminium exports from Russia, together accounting for 63% of total exports. Norway, the Netherlands, Poland, Uzbekistan and South Korea lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +67.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium exported from Russia were Turkey ($X), Japan ($X) and Norway ($X), together comprising 58% of total exports. China, Poland, the Netherlands, Uzbekistan and South Korea lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +62.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium export price amounted to $X per ton, falling by -10.1% against the previous year. In general, the export price recorded a perceptible setback. The growth pace was the most rapid in 2021 an increase of 29%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Netherlands ($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 Switzerland (+1.6%), while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into the Russian Federation

Aluminium imports into Russia contracted rapidly to X tons in 2022, declining by -15.8% on the previous year's figure. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium imports declined rapidly to $X in 2022. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X tons) was the main aluminium supplier to Russia, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Kazakhstan totaled -16.6%.

In value terms, Kazakhstan ($X) constituted the largest supplier of aluminum (unwrought, not alloyed) to Russia.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan amounted to -14.6%.

Import Prices by Country

The average aluminium import price stood at $X per ton in 2022, waning by -11.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 38%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +2.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminum (unwrought, not alloyed) in the world?

China remains the largest aluminium consuming country worldwide, accounting for 56% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, Angola, eightfold. The United States ranked third in terms of total consumption with a 2.7% share.

What are the largest producers of aluminum (unwrought, not alloyed) in the world?

China remains the largest aluminium producing country worldwide, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, Angola, eightfold. The third position in this ranking was occupied by India, with a 4.7% share.

What are the leading suppliers of aluminum (unwrought, not alloyed) to the Russian Federation?

In value terms, Kazakhstan constituted the largest supplier of aluminium to Russia, comprising 73% of total imports. The second position in the ranking was occupied by Belarus, with a 27% share of total imports.

What are the leading importers of aluminum (unwrought, not alloyed) from the Russian Federation?

In value terms, Turkey, China and Japan appeared to be the largest markets for aluminium exported from Russia worldwide, together comprising 54% of total exports. The Netherlands, Norway, Greece, Italy, Taiwan Chinese), Croatia, Germany, Poland and Bulgaria lagged somewhat behind, together comprising a further 35%.

What is the average export price for aluminum (unwrought, not alloyed) in the Russian Federation?

In 2021, the average aluminium export price amounted to $2,016 per ton, jumping by 29% against the previous year.

What is the average import price for aluminum (unwrought, not alloyed) in the Russian Federation?

In 2021, the average aluminium import price amounted to $2,602 per ton, jumping by 32% against the previous year.

This report provides an in-depth analysis of the aluminium 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 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)

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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024