Russian Federation: Diode Market 2024

Diode Market Size in the Russian Federation

The Russian diode market stood at $X in 2021, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Diode consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Diode Production in the Russian Federation

In value terms, diode production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 41% against the previous year. Diode production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Diode Exports

Exports from the Russian Federation

In 2021, after two years of decline, there was significant growth in overseas shipments of diodes, other than photosensitive or light emitting diodes, when their volume increased by 53% to X units. In general, exports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of 54%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, diode exports surged to $X in 2021. Overall, total exports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Belarus (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main destinations of diode exports from Russia, with a combined 60% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +16.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diode exported from Russia were Belarus ($X), Germany ($X) and Taiwan (Chinese) ($X), with a combined 55% share of total exports.

Belarus, with a CAGR of +15.3%, recorded the highest growth rate of the value of exports, among 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 diode export price stood at $X per unit in 2021, remaining constant against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode export price increased by +67.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 53%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into the Russian Federation

In 2021, purchases abroad of diodes, other than photosensitive or light emitting diodes was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a measured expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 93%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, diode imports skyrocketed to $X in 2021. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by 39%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of diode imports to Russia, together accounting for 39% of total imports. These countries were followed by Hong Kong SAR, the United States, South Korea, Belarus and Italy, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +59.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of diodes, other than photosensitive or light emitting diodes to Russia, comprising 21% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.7% share of total imports. It was followed by China, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+9.5% per year) and China (+8.8% per year).

Import Prices by Country

In 2021, the average diode import price amounted to $X per unit, surging by 6% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +7.6% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 66%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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