Russian Federation: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in the Russian Federation

In 2022, after two years of decline, there was significant growth in the Russian market for ready-mixed concrete and factory made mortars, when its value increased by X% to $X. Overall, consumption enjoyed a modest increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Ready-Mixed Concrete And Factory Made Mortars in the Russian Federation

In value terms, production of ready-mixed concrete and factory made mortars contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from the Russian Federation

In 2022, after ten years of growth, there was significant decline in shipments abroad of ready-mixed concrete and factory made mortars, when their volume decreased by X% to X tons. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, exports of ready-mixed concrete and factory made mortars shrank remarkably to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Russia, with a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to Kazakhstan exceeded the volume sent to the second major destination, Turkey (X tons), fivefold. Belarus (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Belarus (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for ready-mixed concrete and factory made mortars exports from Russia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (X%), while the prices for the other major destinations experienced a decline.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into the Russian Federation

In 2022, the amount of ready-mixed concrete and factory made mortars imported into Russia surged to X tons, jumping by X% against the year before. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars surged to $X in 2022. Over the period under review, imports posted noticeable growth. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of ready-mixed concrete and factory made mortar to Russia, with a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from South Korea exceeded the figures recorded by the second-largest supplier, Belarus (X tons), more than tenfold. Finland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Finland (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of ready-mixed concrete and factory made mortars to Russia, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Italy (X% per year).

Import Prices by Country

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Finland ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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