Russian Federation: Plastic Extruder Market 2024

Plastic Extruder Market Size in the Russian Federation

For the third year in a row, the Russian plastic extruder market recorded growth in sales value, which increased by 43% to $X in 2021. Over the period under review, consumption, however, continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Plastic Extruder Production in the Russian Federation

In value terms, plastic extruder production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 2,022% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Plastic Extruder Exports

Exports from the Russian Federation

In 2021, shipments abroad of extruders for working rubber or plastics decreased by -1.7% to X units, falling for the second year in a row after five years of growth. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2019 when exports increased by 115%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic extruder exports dropped to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 80%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Lithuania (X units) was the main destination for plastic extruder exports from Russia, with a 43% share of total exports. Moreover, plastic extruder exports to Lithuania exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was taken by Uzbekistan (X units), with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Lithuania stood at +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+58.7% per year) and Uzbekistan (-13.9% per year).

In value terms, the largest markets for plastic extruder exported from Russia were Belarus ($X), Kazakhstan ($X) and Lithuania ($X), with a combined 52% share of total exports. These countries were followed by the United States, Uzbekistan, Armenia, Israel, Latvia and Norway, which together accounted for a further 24%.

Among the main countries of destination, the United States, with a CAGR of +177.8%, recorded 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 2021, the average plastic extruder export price amounted to $X per unit, which is down by -7.4% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 28%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Norway ($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 the United States (+78.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Extruder Imports

Imports into the Russian Federation

In 2021, overseas purchases of extruders for working rubber or plastics increased by 27% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,736%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, plastic extruder imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 1,277% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of plastic extruder imports to Russia, with a combined 46% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +116.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic extruder suppliers to Russia were China ($X), Germany ($X) and Italy ($X), with a combined 47% share of total imports. These countries were followed by the Netherlands, Turkey, Taiwan (Chinese), Japan, Belarus and Finland, which together accounted for a further 12%.

Among the main suppliers, Japan, with a CAGR of +61.5%, saw the highest growth rate of 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

In 2021, the average plastic extruder import price amounted to $X per unit, picking up by 1.5% against the previous year. Over the period under review, the import price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 34%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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