Russian Federation: Vices And Clamps Market 2025

Vices And Clamps Market Size in the Russian Federation

In 2022, the Russian vices and clamps market decreased by -1.5% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a temperate expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Vices And Clamps Production in the Russian Federation

In value terms, vices and clamps production totaled $X in 2022 estimated in export price. In general, production, however, showed strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 129% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vices And Clamps Exports

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in overseas shipments of vices and clamps, when their volume decreased by -20.3% to X tons. In general, exports, however, continue to indicate modest growth. The most prominent rate of growth was recorded in 2017 with an increase of 149% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted significantly in the following year.

In value terms, vices and clamps exports expanded to $X in 2022. Over the period under review, exports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2017 when exports increased by 98% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Kuwait (X tons) were the main destinations of vices and clamps exports from Russia, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +119.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for vices and clamps exported from Russia were Belarus ($X), Kazakhstan ($X) and Kuwait ($X), together comprising 84% of total exports.

Among the main countries of destination, Kuwait, with a CAGR of +74.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average vices and clamps export price stood at $X per ton in 2022, with an increase of 28% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, 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 Kuwait ($X per ton), while the average price for exports to Ukraine ($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 (+1.2%), while the prices for the other major destinations experienced a decline.

Vices And Clamps Imports

Imports into the Russian Federation

After two years of growth, purchases abroad of vices and clamps decreased by -9.3% to X tons in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 40%. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, vices and clamps imports reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vices and clamps to Russia, accounting for a 74% share of total imports. Moreover, vices and clamps imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by India (X tons), with a 5.6% 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 (+9.6% per year) and India (+7.7% per year).

In value terms, China ($X) constituted the largest supplier of vices and clamps to Russia, comprising 57% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.3% per year) and Taiwan (Chinese) (+5.2% per year).

Import Prices by Country

In 2022, the average vices and clamps import price amounted to $X per ton, declining by -4.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained 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 Taiwan (Chinese) ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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