Russian Federation: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in the Russian Federation

In 2022, the Russian market for chromium, manganese, lead and copper oxides and hydroxides increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in the Russian Federation

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from the Russian Federation

In 2022, the amount of chromium, manganese, lead and copper oxides and hydroxides exported from Russia dropped dramatically to X tons, falling by X% against the year before. Over the period under review, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides contracted to $X in 2022. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Spain (X tons), Poland (X tons) and India (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Russia, together comprising X% of total exports.

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

In value terms, Spain ($X) remains the key foreign market for chromium, manganese, lead and copper oxides and hydroxides exports from Russia, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Mexico (X% per year).

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of X%. 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 remained at a lower figure.

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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into the Russian Federation

In 2022, purchases abroad of chromium, manganese, lead and copper oxides and hydroxides increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides reduced to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

India (X tons), Georgia (X tons) and Kazakhstan (X tons) were the main suppliers of imports of chromium, manganese, lead and copper oxides and hydroxides to Russia, together accounting for X% of total imports. Norway, Indonesia, South Africa, Estonia, South Korea, Germany and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Georgia ($X) and Estonia ($X) were the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Russia, with a combined X% share of total imports. India, Norway, Germany, South Africa, Indonesia, the United States and South Korea lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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