Russian Federation: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in the Russian Federation

The Russian sulphides of non-metals market contracted to $X in 2021, declining by -7% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Sulphides Of Non-Metals Production in the Russian Federation

In value terms, sulphides of non-metals production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced slightly in the following year.

Sulphides Of Non-Metals Exports

Exports from the Russian Federation

In 2021, approx. X tons of sulphides of non-metals and commercial phosphorus trisulphide were exported from Russia; stabilizing at the previous year's figure. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 44%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphides of non-metals exports rose notably to $X in 2021. In general, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2019 with an increase of 54% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons), Belgium (X tons) and Austria (X tons) were the main destinations of sulphides of non-metals exports from Russia, together comprising 23% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +70.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphides of non-metals exported from Russia were Colombia ($X), Spain ($X) and Belgium ($X), with a combined 26% share of total exports.

Among the main countries of destination, Colombia, with a CAGR of +80.9%, recorded 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 2021, the average sulphides of non-metals export price amounted to $X per ton, rising by 5.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 when the average export price increased by 12% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Austria ($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 Colombia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides Of Non-Metals Imports

Imports into the Russian Federation

In 2021, purchases abroad of sulphides of non-metals and commercial phosphorus trisulphide decreased by -32.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, sulphides of non-metals imports reduced remarkably to $X in 2021. In general, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sulphides of non-metals to Russia, with a 65% share of total imports. Moreover, sulphides of non-metals imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.4% per year) and Germany (-15.7% per year).

In value terms, China ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Russia, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by India, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.5% per year) and India (+5.5% per year).

Import Prices by Country

The average sulphides of non-metals import price stood at $X per ton in 2021, rising by 26% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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