Russian Federation - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Russia - 2022
Contents:
- Mineral Wool Price in Russia (FOB) - 2022
- Mineral Wool Price in Russia (CIF) - 2022
- Mineral Wool Exports in Russia
- Mineral Wool Imports in Russia
Mineral Wool Price in Russia (FOB) - 2022
In January 2022, the average mineral wool export price amounted to $638 per ton, standing approximately at the previous month. Over the period under review, export price indicated a temperate increase from January 2021 to January 2022: its price increased at an average monthly rate of +4.0% 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, mineral wool export price decreased by -14.6% against October 2021 indices. The most prominent rate of growth was recorded in June 2021 an increase of 53% against the previous month. Over the period under review, the average export prices attained the peak figure at $747 per ton in October 2021; however, from November 2021 to January 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Poland ($718 per ton), while the average price for exports to Finland ($434 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Price in Russia (CIF) - 2022
The average mineral wool import price stood at $1,158 per ton in January 2022, with an increase of 41% against the previous month. Overall, import price indicated a noticeable increase from January 2021 to January 2022: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, mineral wool import price increased by +40.6% against December 2021 indices. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 65% month-to-month. Over the period under review, average import prices hit record highs in January 2022.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the Netherlands ($2,109 per ton), while the price for Kazakhstan ($698 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 Kazakhstan (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Exports in Russia
In 2022, exports of slag wool, rock wool and similar mineral wools and mixtures from Russia expanded notably to 236K tons, with an increase of 5.2% on the previous year. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 247K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, mineral wool exports shrank to $109M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $123M, and then contracted in the following year.
| Export of Mineral Wool in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 31.9 | 33.4 | 46.1 | 56.2 | 20.8% |
| Belarus | 23.6 | 23.8 | 23.5 | 20.3 | -4.9% |
| Poland | 3.3 | 2.8 | 2.9 | 6.2 | 23.4% |
| Kyrgyzstan | 4.3 | 3.5 | 5.4 | 4.7 | 3.0% |
| Azerbaijan | 2.7 | 2.1 | 2.9 | 4.7 | 20.3% |
| Uzbekistan | 3.0 | 2.9 | 3.7 | 2.2 | -9.8% |
| Finland | 9.4 | 8.1 | 9.0 | 1.9 | -41.3% |
| Latvia | 3.7 | 3.0 | 2.4 | 0.1 | -70.0% |
| Others | 15.7 | 15.6 | 27.6 | 12.9 | -6.3% |
| Total | 97.5 | 95.3 | 123 | 109 | 3.8% |
Top Export Markets for Mineral Wool from Russia in 2022:
- Kazakhstan (118.4K tons)
- Belarus (42.6K tons)
- Azerbaijan (14.2K tons)
- Kyrgyzstan (12.7K tons)
- Poland (11.9K tons)
- Finland (6.2K tons)
- Uzbekistan (4.3K tons)
- Latvia (0.4K tons)
Mineral Wool Imports in Russia
In 2022, approx. 20K tons of slag wool, rock wool and similar mineral wools and mixtures were imported into Russia; shrinking by -2.9% against 2021 figures. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.2%.
In value terms, mineral wool imports fell to $16M in 2022. Over the period under review, imports showed a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year.
| Import of Mineral Wool in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 5.2 | 1.1 | 3.2 | 4.3 | -6.1% |
| Poland | 8.7 | 2.1 | 2.2 | 2.8 | -31.5% |
| Lithuania | 8.8 | 4.2 | 2.7 | 2.6 | -33.4% |
| China | 1.9 | 0.4 | 1.1 | 2.6 | 11.0% |
| Belarus | 6.6 | 1.6 | 2.6 | 1.1 | -45.0% |
| Denmark | 0.7 | 0.2 | 0.4 | 0.7 | 0.0% |
| Others | 13.9 | 4.4 | 5.0 | 1.5 | -52.4% |
| Total | 45.8 | 14.1 | 17.1 | 15.6 | -30.2% |
Top Suppliers of Mineral Wool to Russia in 2022:
- Kazakhstan (8.8K tons)
- Lithuania (4.4K tons)
- Poland (2.4K tons)
- Belarus (2.0K tons)
- China (1.1K tons)
- Denmark (0.6K tons)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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.
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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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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
838
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1006
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
708
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
838
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1006
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
