Russian Federation: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in the Russian Federation

After three years of growth, the Russian glass in the mass market decreased by -4.4% to $X in 2022. Over the period under review, consumption showed significant growth. Glass in the mass consumption peaked at $X in 2021, and then dropped in the following year.

Production of Glass in The Mass in the Russian Federation

In value terms, glass in the mass production expanded to $X in 2022 estimated in export price. In general, production recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 113% against the previous year. Over the period under review, glass in mass production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Glass in The Mass

Exports from the Russian Federation

In 2022, shipments abroad of glass in the mass increased by 76% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a dramatic setback. The pace of growth was the most pronounced in 2018 when exports increased by 92%. Over the period under review, the glass in mass exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports shrank rapidly to $X in 2022. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 148%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X tons) was the main destination for glass in the mass exports from Russia, accounting for a 78% share of total exports. Moreover, glass in the mass exports to Lithuania exceeded the volume sent to the second major destination, Germany (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Lithuania amounted to -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+28.4% per year) and Belarus (-51.9% per year).

In value terms, Germany ($X) remains the key foreign market for glass in the mass exports from Russia, comprising 82% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-18.7% per year) and Belarus (-38.5% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, waning by -60.2% against the previous year. In general, the export price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2019 an increase of 108%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Lithuania ($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 Belarus (+27.7%), while the prices for the other major destinations experienced a decline.

Imports of Glass in The Mass

Imports into the Russian Federation

In 2022, imports of glass in the mass into Russia amounted to X tons, remaining constant against 2021 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 324% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports contracted to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 305%. Over the period under review, glass in mass imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Belarus (X tons) constituted the largest supplier of glass in the mass to Russia, with a 68% share of total imports. Moreover, glass in the mass imports from Belarus exceeded the figures recorded by the second-largest supplier, Estonia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belarus totaled +30.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+14.0% per year) and Kazakhstan (+20.2% per year).

In value terms, Belarus ($X) constituted the largest supplier of glass in the mass to Russia, comprising 71% of total imports. The second position in the ranking was held by Estonia ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belarus amounted to +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+16.8% per year) and Kazakhstan (+19.9% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, shrinking by -7.7% against the previous year. In general, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 18%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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