Russian Federation - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights

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Aluminium Bar Price in Russia - 2022

Contents:

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

Aluminium Bar Price in Russia (FOB) - 2022

The average aluminium bar export price stood at $4,247 per ton in January 2022, remaining relatively unchanged against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in March 2021 an increase of 9.6% month-to-month. Over the period under review, the average export prices attained the maximum in January 2022.

Average prices varied somewhat for the major foreign markets. In January 2022, the countries with the highest prices were Belarus ($5,162 per ton) and Denmark ($4,667 per ton), while the average price for exports to Italy ($3,739 per ton) and Kazakhstan ($3,983 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Price in Russia (CIF) - 2022

The average aluminium bar import price stood at $5,782 per ton in January 2022, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in February 2021 an increase of 9.4% month-to-month. Over the period under review, average import prices hit record highs at $5,859 per ton in October 2021; however, from November 2021 to January 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Turkey ($10,602 per ton), while the price for Uzbekistan ($4,242 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Bar Exports in Russia

After three years of growth, overseas shipments of aluminium bars, rods and profiles decreased by -14.6% to 85K tons in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of 100K tons, and then shrank in the following year.

In value terms, aluminium bar exports dropped markedly to $278M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of $352M, and then contracted sharply in the following year.

Export of Aluminium Bar in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38.043.789.892.934.7%
Poland8.112.946.034.161.5%
United States22.619.022.724.42.6%
Belarus20.519.426.219.7-1.3%
Kazakhstan20.922.335.918.8-3.5%
Italy5.35.513.011.830.6%
Denmark3.84.49.29.435.2%
Czech Republic5.34.56.45.72.5%
Belgium1.80.58.05.746.8%
United Kingdom11.08.08.05.1-22.6%
Lithuania3.43.87.05.013.7%
Ukraine8.08.811.44.9-15.1%
Singapore1.61.12.64.541.2%
Others48.849.866.336.0-9.6%
Total19920435227811.8%

Top Export Markets for Aluminium Bar from Russia in 2022:

  1. Germany (29.1K tons)
  2. Poland (10.7K tons)
  3. United States (7.4K tons)
  4. Kazakhstan (6.1K tons)
  5. Belarus (5.0K tons)
  6. Italy (4.1K tons)
  7. Denmark (2.6K tons)
  8. Belgium (1.8K tons)
  9. Czech Republic (1.7K tons)
  10. United Kingdom (1.6K tons)
  11. Ukraine (1.4K tons)
  12. Singapore (1.4K tons)
  13. Lithuania (1.4K tons)

Aluminium Bar Imports in Russia

Aluminium bar imports into Russia dropped to 41K tons in 2022, almost unchanged from the year before. Overall, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year.

In value terms, aluminium bar imports dropped to $183M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of $207M, and then fell in the following year.

Import of Aluminium Bar in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.945.251.173.118.5%
Belarus78.673.610459.4-8.9%
Turkey14.63.24.111.8-6.9%
Germany12.010.111.99.1-8.8%
Italy8.28.610.56.6-7.0%
Ukraine1.71.63.25.749.7%
Uzbekistan0.51.22.32.366.3%
Others15.415.420.015.2-0.4%
Total1751592071831.5%

Top Suppliers of Aluminium Bar to Russia in 2022:

  1. China (19.6K tons)
  2. Belarus (12.6K tons)
  3. Ukraine (1.5K tons)
  4. Germany (1.5K tons)
  5. Turkey (1.4K tons)
  6. Italy (0.9K tons)
  7. Uzbekistan (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
  • Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

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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