Russian Federation: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in the Russian Federation

The Russian iron or steel bridges market fell to $X in 2022, waning by -7.3% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Bridges And Bridge-Sections in the Russian Federation

In value terms, iron or steel bridges production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a slight shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by 65%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from the Russian Federation

In 2022, overseas shipments of iron or steel bridges and bridge-sections were finally on the rise to reach X tons after two years of decline. Overall, exports, however, recorded a perceptible reduction. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, iron or steel bridges exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt decline. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for iron or steel bridges exports from Russia, accounting for a 67% share of total exports. Moreover, iron or steel bridges exports to Kazakhstan exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled +75.3%.

In value terms, Kazakhstan ($X) emerged as the key foreign market for iron or steel bridges and bridge-sections exports from Russia, comprising 87% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled +65.9%.

Export Prices by Country

The average iron or steel bridges export price stood at $X per ton in 2022, waning by -31.3% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to the Czech Republic stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+65.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into the Russian Federation

In 2022, iron or steel bridges imports into Russia contracted significantly to X tons, waning by -48.7% against 2021 figures. Over the period under review, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,575% against the previous year. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, iron or steel bridges imports fell significantly to $X in 2022. Overall, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2,432% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belarus (X tons) constituted the largest iron or steel bridges supplier to Russia, with a 76% share of total imports. Moreover, iron or steel bridges imports from Belarus exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Belarus amounted to +58.3%.

In value terms, Italy ($X) constituted the largest supplier of iron or steel bridges and bridge-sections to Russia, comprising 71% of total imports. The second position in the ranking was taken by Belarus ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +24.4%.

Import Prices by Country

In 2022, the average iron or steel bridges import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 Italy ($X per ton), while the price for Belarus totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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