Russian Federation: Moulds For Metal Market 2024

Moulds For Metal Market Size in the Russian Federation

For the third consecutive year, the Russian moulds for metal market recorded growth in sales value, which increased by 3.3% to $X in 2022. Over the period under review, consumption, however, recorded a abrupt downturn. Moulds for metal consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Moulds For Metal Exports

Exports from the Russian Federation

Moulds for metal exports from Russia surged to X tons in 2022, rising by 26% compared with 2021. Over the period under review, exports saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 192%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, moulds for metal exports stood at $X in 2022. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 143%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for moulds for metal exports from Russia, accounting for a 64% share of total exports. Moreover, moulds for metal exports to Ukraine exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. Belarus (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine stood at +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+2.1% per year) and Belarus (+43.8% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for moulds for metals exports from Russia, comprising 59% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total exports. It was followed by Poland, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Ukraine totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+2.1% per year) and Poland (+27.9% per year).

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, reducing by -15.8% against the previous year. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 77%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Belarus ($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 Poland (+6.3%), while the prices for the other major destinations experienced a decline.

Moulds For Metal Imports

Imports into the Russian Federation

In 2022, approx. X tons of moulds for metals were imported into Russia; rising by 17% on 2021 figures. In general, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 114%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, moulds for metal imports totaled $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 85%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Austria (X tons) and South Korea (X tons) were the main suppliers of moulds for metal imports to Russia, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +76.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of moulds for metals to Russia, comprising 48% of total imports. The second position in the ranking was held by South Korea ($X), with a 19% share of total imports. It was followed by Turkey, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+2.8% per year) and Turkey (-4.5% per year).

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, shrinking by -13.4% against the previous year. Overall, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform