Russian Federation: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in the Russian Federation

In 2021, the Russian market for liquid or compressed air and distilled or conductivity water was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a noticeable curtailment. Liquid air and distilled water consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in the Russian Federation

In value terms, liquid air and distilled water production surged to $X in 2021 estimated in export price. In general, production, however, saw a perceptible descent. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from the Russian Federation

Liquid air and distilled water exports from Russia soared to X tons in 2021, picking up by 268% on the previous year. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid air and distilled water exports soared to $X in 2021. Overall, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for liquid air and distilled water exports from Russia, accounting for a 73% share of total exports. Moreover, liquid air and distilled water exports to Italy exceeded the volume sent to the second major destination, Kazakhstan (X tons), tenfold. Hungary (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+7.4% per year) and Hungary (-1.2% per year).

In value terms, Italy ($X) remains the key foreign market for liquid or compressed air and distilled or conductivity water exports from Russia, comprising 65% of total exports. The second position in the ranking was taken by Hungary ($X), with a 6.9% share of total exports. It was followed by Kazakhstan, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-10.4% per year) and Kazakhstan (+3.2% per year).

Export Prices by Country

In 2021, the average export price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, shrinking by -38% against the previous year. Overall, the export price faced a deep setback. The growth pace was the most rapid in 2016 an increase of 26%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.5%), while the prices for the other major destinations experienced a decline.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into the Russian Federation

For the third year in a row, Russia recorded decline in purchases abroad of liquid or compressed air and distilled or conductivity water, which decreased by -0.9% to X tons in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 46%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid air and distilled water imports dropped to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 28%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Denmark (X tons) and Belarus (X tons) were the main suppliers of liquid air and distilled water imports to Russia, together comprising 69% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +52.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid air and distilled water suppliers to Russia were China ($X), Germany ($X) and the United States ($X), with a combined 64% share of total imports. Denmark, Belarus, India, the Netherlands and the UK lagged somewhat behind, together comprising a further 19%.

Belarus, with a CAGR of +65.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, dropping by -10.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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