Russian Federation: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in the Russian Federation

The Russian cast iron household articles market shrank to $X in 2022, which is down by -10.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Table, Kitchen Or Household Articles Of Cast Iron in the Russian Federation

In value terms, cast iron household articles production reduced to $X in 2022 estimated in export price. In general, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 2,091% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from the Russian Federation

In 2022, after eight years of growth, there was significant decline in shipments abroad of table, kitchen or household articles of cast iron, when their volume decreased by -14.5% to X tons. Over the period under review, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 102% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, cast iron household articles exports dropped markedly to $X in 2022. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 83%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Belarus (X tons) was the main destination for cast iron household articles exports from Russia, with a 47% share of total exports. Moreover, cast iron household articles exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. The third position in this ranking was held by Mongolia (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+3.0% per year) and Mongolia (+61.3% per year).

In value terms, Belarus ($X) remains the key foreign market for table, kitchen or household articles of cast iron exports from Russia, comprising 52% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 18% share of total exports. It was followed by Mongolia, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belarus stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+10.2% per year) and Mongolia (+69.0% per year).

Export Prices by Country

The average cast iron household articles export price stood at $X per ton in 2022, with a decrease of -9.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 29% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Armenia ($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 Kazakhstan (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into the Russian Federation

In 2022, supplies from abroad of table, kitchen or household articles of cast iron decreased by -9.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cast iron household articles imports reduced to $X in 2022. Over the period under review, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Ukraine (X tons) and Uzbekistan (X tons) were the main suppliers of cast iron household articles imports to Russia, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +85.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles of cast iron to Russia, comprising 62% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 30% share of total imports. It was followed by the United States, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+10.1% per year) and the United States (+49.2% per year).

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, reducing by -1.5% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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