Russian Federation: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in the Russian Federation

After three years of growth, the Russian multiple-walled insulating glass unit market decreased by -3.3% to $X in 2021. In general, consumption, however, saw a perceptible reduction. Multiple-walled insulating glass unit consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in the Russian Federation

In value terms, multiple-walled insulating glass unit production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2019 with an increase of 18%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from the Russian Federation

In 2021, multiple-walled insulating glass unit exports from Russia skyrocketed to X square meters, picking up by 94% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 121%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, multiple-walled insulating glass unit exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X square meters), Kazakhstan (X square meters) and Belarus (X square meters) were the main destinations of multiple-walled insulating glass unit exports from Russia, with a combined 81% share of total exports. These countries were followed by Serbia, Mongolia, Estonia, Kyrgyzstan and Azerbaijan, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +230.1%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Belarus ($X) appeared to be the largest markets for multiple-walled insulating glass unit exported from Russia worldwide, together accounting for 64% of total exports. These countries were followed by Estonia, Serbia, Mongolia, Azerbaijan and Kyrgyzstan, which together accounted for a further 23%.

In terms of the main countries of destination, Serbia, with a CAGR of +250.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, dropping by -5.3% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per square meter), while the average price for exports to Uzbekistan ($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 Kyrgyzstan (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into the Russian Federation

In 2021, the amount of multiple-walled insulating units of glass imported into Russia shrank notably to X square meters, falling by -65.7% on 2020. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 46% against the previous year. As a result, imports attained the peak of X square meters. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, multiple-walled insulating glass unit imports fell notably to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 190% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan (X square meters), Belarus (X square meters) and Germany (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to Russia, together comprising 58% of total imports. These countries were followed by Lithuania, Serbia, Turkey, Finland, Switzerland, Austria and China, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +29.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of multiple-walled insulating units of glass to Russia, comprising 33% of total imports. The second position in the ranking was held by Belarus ($X), with a 13% share of total imports. It was followed by Kazakhstan, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-14.9% per year) and Kazakhstan (+17.8% per year).

Import Prices by Country

In 2021, the average multiple-walled insulating glass unit import price amounted to $X per square meter, which is down by -2.5% against the previous year. In general, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 136% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2020, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Switzerland ($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 Kazakhstan (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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