Russian Federation - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights

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Abrasives Price in Russia - 2022

Contents:

  1. Abrasives Price in Russia (CIF) - 2022
  2. Abrasives Price in Russia (FOB) - 2022
  3. Abrasives Imports in Russia
  4. Abrasives Exports in Russia

Abrasives Price in Russia (CIF) - 2022

The average abrasives import price stood at $342 per ton in 2022, waning by -6% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 27% against the previous year. The import price peaked at $376 per ton in 2014; however, from 2015 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 Australia ($438 per ton), while the price for Ukraine ($169 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Abrasives Price in Russia (FOB) - 2022

The average abrasives export price stood at $686 per ton in January 2022, waning by -3.7% against the previous month. Over the period under review, the export price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 27% m-o-m. Over the period under review, the average export prices attained the peak figure at $711 per ton in December 2021, and then dropped in the following month.

Average prices varied noticeably for the major external markets. In January 2022, the country with the highest price was Kazakhstan ($706 per ton), while the average price for exports to Belarus amounted to $618 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.3%).

Abrasives Imports in Russia

Abrasives imports into Russia declined to 30K tons in 2022, with a decrease of -10.3% on 2021. Over the period under review, imports recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 25%.

In value terms, abrasives imports shrank markedly to $10M in 2022. Overall, imports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $12M, and then contracted sharply in the following year.

Import of Abrasives in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.43.54.83.8-4.8%
Australia4.12.93.92.9-10.9%
India0.60.71.21.535.7%
South Africa0.70.50.81.426.0%
UkraineN/AN/A0.10.3200.0%
United Arab Emirates0.6N/AN/AN/A0%
Others0.40.51.00.2-20.6%
Total10.88.212.010.1-2.2%

Top Suppliers of Abrasives to Russia in 2022:

  1. China (10.7K tons)
  2. Australia (6.6K tons)
  3. India (5.3K tons)
  4. South Africa (5.0K tons)
  5. Ukraine (1.9K tons)

Abrasives Exports in Russia

In 2022, abrasives exports from Russia declined notably to 2K tons, waning by -24.3% against 2021 figures. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year.

In value terms, abrasives exports reduced dramatically to $1.2M in 2022. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 126%. As a result, the exports reached the peak of $1.7M, and then declined significantly in the following year.

Export of Abrasives in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,4775531,478937-14.1%
Belarus92.713714426842.5%
Others34.154.763.49.9-33.8%
Total1,6047441,6851,215-8.8%

Top Export Markets for Abrasives from Russia in 2022:

  1. Kazakhstan (1518.4 tons)
  2. Belarus (495.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the abrasives market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
  • Prodcom 08992220 -
  • Prodcom 08992230 -

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Abrasives (Natural) - Russia