Russian Federation: Linoleum Market 2024

Linoleum Market Size in the Russian Federation

The Russian linoleum market expanded markedly to $X in 2021, rising by 12% against the previous year. Over the period under review, consumption showed a mild downturn. Linoleum consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Linoleum Production in the Russian Federation

In value terms, linoleum production surged to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Linoleum Exports

Exports from the Russian Federation

In 2021, overseas shipments of linoleum increased by 20% to X square meters, rising for the fifth year in a row after two years of decline. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 76% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, linoleum exports skyrocketed to $X in 2021. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 66% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan (X square meters) was the main destination for linoleum exports from Russia, accounting for a 42% share of total exports. Moreover, linoleum exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X square meters), threefold. The third position in this ranking was taken by Uzbekistan (X square meters), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+28.3% per year) and Uzbekistan (+21.5% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for linoleum exports from Russia, comprising 42% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 19% share of total exports. It was followed by Kyrgyzstan, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+23.5% per year) and Kyrgyzstan (+3.6% per year).

Export Prices by Country

In 2021, the average linoleum export price amounted to $X per square meter, surging by 15% against the previous year. In general, the export price, however, saw a noticeable contraction. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per square meter), while the average price for exports to Tajikistan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.1%), while the prices for the other major destinations experienced a decline.

Linoleum Imports

Imports into the Russian Federation

In 2021, approx. X square meters of linoleum were imported into Russia; surging by 10% compared with 2020 figures. Overall, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, linoleum imports skyrocketed to $X in 2021. Over the period under review, imports showed slight growth. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X square meters), the Netherlands (X square meters) and Germany (X square meters) were the main suppliers of linoleum imports to Russia, with a combined 93% share of total imports. These countries were followed by China, the United States and Lithuania, which together accounted for a further 6%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +70.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest linoleum suppliers to Russia were Belgium ($X), the Netherlands ($X) and Germany ($X), together comprising 92% of total imports. The United States, China and Lithuania lagged somewhat behind, together accounting for a further 6.6%.

Among the main suppliers, Lithuania, with a CAGR of +88.3%, recorded 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 linoleum import price amounted to $X per square meter, picking up by 14% against the previous year. In general, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the near future.

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 the United States ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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