Russian Federation: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in the Russian Federation

The Russian market for plastics pipes and pipe fittings reduced to $X in 2022, standing approx. at the previous year. Overall, consumption, however, showed a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Plastics Pipes And Pipe Fittings in the Russian Federation

In value terms, plastics pipe and pipe fitting production shrank modestly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by 33%. Plastics pipe and pipe fitting production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from the Russian Federation

After five years of growth, overseas shipments of plastics pipes and pipe fittings decreased by -4.4% to X tons in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 92% against the previous year. The exports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, plastics pipe and pipe fitting exports dropped to $X in 2022. Over the period under review, exports, however, saw strong growth. The pace of growth was the most pronounced in 2017 with an increase of 72%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) were the main destinations of plastics pipe and pipe fitting exports from Russia, together comprising 70% of total exports. Ukraine, Uzbekistan, Azerbaijan and Georgia lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan (with a CAGR of +117.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastics pipe and pipe fitting exported from Russia were Kazakhstan ($X), Belarus ($X) and Kyrgyzstan ($X), with a combined 69% share of total exports. Uzbekistan, Ukraine, Azerbaijan and Georgia lagged somewhat behind, together comprising a further 17%.

In terms of the main countries of destination, Azerbaijan, with a CAGR of +83.8%, saw the highest growth rate of 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

In 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, with a decrease of -8.5% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2021 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kazakhstan ($X per ton) and Uzbekistan ($X per ton), while the average price for exports to Belarus ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Plastics Pipes And Pipe Fittings

Imports into the Russian Federation

In 2022, approx. X tons of plastics pipes and pipe fittings were imported into Russia; remaining constant against the previous year. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 2.1% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting imports reduced to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastics pipe and pipe fitting to Russia, with a 46% share of total imports. Moreover, plastics pipe and pipe fitting imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by Turkey (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.4% per year) and Turkey (-22.3% per year).

In value terms, China ($X) constituted the largest supplier of plastics pipes and pipe fittings to Russia, comprising 37% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Turkey, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.2% per year) and Turkey (-18.3% per year).

Import Prices by Country

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, shrinking by -8.1% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastics pipe and pipe fitting import price increased by +51.7% against 2014 indices. The pace of growth was the most pronounced in 2021 an increase of 24%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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 Italy ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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