Russian Federation - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Russia - 2022
Contents:
- Base Metal Hinge Price in Russia (CIF) - 2022
- Base Metal Hinge Price in Russia (FOB) - 2022
- Base Metal Hinge Imports in Russia
- Base Metal Hinge Exports in Russia
Base Metal Hinge Price in Russia (CIF) - 2022
In January 2022, the average base metal hinge import price amounted to $5,496 per ton, with a decrease of -4.8% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in February 2021 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $6,492 per ton in September 2021; however, from October 2021 to January 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($15,935 per ton), while the price for South Korea ($3,847 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 Belarus (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Hinge Price in Russia (FOB) - 2022
In 2022, the average base metal hinge export price amounted to $4,593 per ton, dropping by -16.1% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 43%. The export price peaked at $9,083 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($9,928 per ton), while the average price for exports to Kazakhstan ($3,686 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 Turkey (-0.8%), while the prices for the other major destinations experienced a decline.
Base Metal Hinge Imports in Russia
In 2022, base metal hinge imports into Russia contracted slightly to 43K tons, with a decrease of -2.2% on 2021 figures. In general, imports recorded a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of 4.7%.
In value terms, base metal hinge imports fell to $240M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15%. As a result, imports attained the peak of $258M, and then reduced in the following year.
| Import of Base Metal Hinge in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.9 | 82.1 | 92.4 | 112 | 9.7% |
| Austria | 28.2 | 31.8 | 38.5 | 26.4 | -2.2% |
| Germany | 28.5 | 32.4 | 35.0 | 24.1 | -5.4% |
| Turkey | 13.8 | 14.7 | 16.4 | 20.2 | 13.5% |
| Italy | 17.1 | 16.9 | 20.3 | 11.5 | -12.4% |
| Romania | 4.4 | 4.2 | 5.1 | 6.3 | 12.7% |
| Ukraine | 5.5 | 6.9 | 6.6 | 5.0 | -3.1% |
| Czech Republic | 5.9 | 5.8 | 5.8 | 5.0 | -5.4% |
| South Korea | 4.9 | 4.0 | 5.6 | 5.0 | 0.7% |
| Belarus | 3.8 | 3.8 | 5.7 | 4.6 | 6.6% |
| Others | 28.1 | 20.5 | 26.2 | 20.6 | -9.8% |
| Total | 225 | 223 | 258 | 240 | 2.2% |
Top Suppliers of Base Metal Hinge to Russia in 2022:
- China (26.4K tons)
- Turkey (3.5K tons)
- Germany (2.3K tons)
- Austria (2.0K tons)
- Belarus (1.7K tons)
- Romania (1.4K tons)
- South Korea (1.2K tons)
- Ukraine (0.9K tons)
- Czech Republic (0.8K tons)
- Italy (0.7K tons)
Base Metal Hinge Exports in Russia
In 2022, the amount of base metal hinges exported from Russia rose sharply to 1.7K tons, picking up by 6.2% against 2021. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, base metal hinge exports shrank to $7.8M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $8.8M, and then fell in the following year.
| Export of Base Metal Hinge in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1.8 | 2.1 | 2.5 | 4.0 | 30.5% |
| Belarus | 3.6 | 3.3 | 4.3 | 2.6 | -10.3% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| Ukraine | 0.4 | 0.7 | 0.8 | 0.3 | -9.1% |
| Armenia | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| Others | 0.5 | 0.6 | 0.7 | 0.3 | -15.7% |
| Total | 6.5 | 6.9 | 8.8 | 7.8 | 6.3% |
Top Export Markets for Base Metal Hinge from Russia in 2022:
- Kazakhstan (1086.8 tons)
- Belarus (396.7 tons)
- Armenia (76.4 tons)
- Ukraine (65.6 tons)
- Turkey (36.3 tons)
This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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