Report Update: Apr 1, 2024

Russian Federation - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Hook Price in Russia - 2022

Base Metal Hook Price in Russia (CIF) - 2022

In January 2022, the average base metal hook import price amounted to $9,860 per ton, with an increase of 30% against the previous month. Overall, import price indicated resilient growth from January 2021 to January 2022: its price increased at an average monthly rate of +6.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, base metal hook import price increased by +30.2% against December 2021 indices. The growth pace was the most rapid in October 2021 when the average import price increased by 75% m-o-m. As a result, import price attained the peak level of $10,267 per ton. From November 2021 to January 2022, the average 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 Germany ($28,723 per ton), while the price for Italy ($6,821 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 (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Base Metal Hook Price in Russia (FOB) - 2022

The average base metal hook export price stood at $4,407 per ton in 2022, falling by -12% against the previous year. Overall, the export price saw a pronounced decline. The growth pace was the most rapid in 2013 when the average export price increased by 41%. The export price peaked at $13,352 per ton in 2018; however, from 2019 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 Ukraine ($12,437 per ton), while the average price for exports to Belarus ($4,011 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 Belarus (-3.3%), while the prices for the other major destinations experienced a decline.

Base Metal Hook Imports in Russia

In 2022, imports of base metal hooks, eyes and eyelets into Russia contracted to 814 tons, falling by -8.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 889 tons, and then contracted in the following year.

In value terms, base metal hook imports shrank rapidly to $5.8M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $6.9M, and then dropped significantly in the following year.

Import of Base Metal Hook in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,043	1,922	3,071	3,676	21.6%
Italy	742	737	1,043	715	-1.2%
Germany	218	236	271	334	15.3%
Spain	172	192	245	285	18.3%
Turkey	445	271	636	195	-24.0%
Ukraine	105	32.6	49.7	149	12.4%
Belarus	394	460	515	49.0	-50.1%
Others	972	818	1,030	362	-28.1%
Total	5,091	4,668	6,860	5,764	4.2%

Top Suppliers of Base Metal Hook to Russia in 2022:

China (535.4 tons)
Italy (143.9 tons)
Spain (43.6 tons)
Turkey (28.5 tons)
Ukraine (20.3 tons)
Germany (16.0 tons)
Belarus (15.6 tons)

Base Metal Hook Exports in Russia

In 2022, overseas shipments of base metal hooks, eyes and eyelets decreased by -6.2% to 97 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 120%. As a result, the exports reached the peak of 103 tons, and then contracted in the following year.

In value terms, base metal hook exports contracted rapidly to $427K in 2022. In general, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53%. As a result, the exports reached the peak of $516K, and then contracted dramatically in the following year.

Export of Base Metal Hook in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	318	220	352	345	2.8%
Ukraine	13.7	29.7	37.5	44.4	48.0%
Kazakhstan	59.7	68.0	89.9	24.9	-25.3%
Others	19.1	19.1	36.8	11.9	-14.6%
Total	411	337	516	427	1.3%

Top Export Markets for Base Metal Hook from Russia in 2022:

Belarus (86.1 tons)
Kazakhstan (5.8 tons)
Ukraine (3.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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