Price for Asbestos, Other than Crocidolite in Russia - 2022

Price for Asbestos, Other than Crocidolite in Russia (FOB) - 2022

In 2022, the average asbestos, other than crocidolite export price amounted to $323 per ton, increasing by 5.2% against the previous year. In general, the export price, however, saw a slight setback. Over the period under review, the average export prices hit record highs at $394 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($455 per ton), while the average price for exports to Vietnam ($199 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 Thailand (+1.1%), while the prices for the other major destinations experienced a decline.

Price for Asbestos, Other than Crocidolite in Russia (CIF) - 2022

The average asbestos, other than crocidolite import price stood at $286 per ton in 2020, falling by -4.2% against the previous year. In general, the import price, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2017 an increase of 140%. Over the period under review, average import prices attained the peak figure at $367 per ton in 2014; however, from 2015 to 2020, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2020, the rate of growth in terms of prices for Kazakhstan amounted to -7.8% per year.

Exports of Asbestos, Other than Crocidolite in Russia

In 2022, the amount of asbestos, other than crocidolites exported from Russia plummeted to 416K tons, falling by -31.4% against 2021. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 2.1%.

In value terms, asbestos, other than crocidolite exports shrank rapidly to $134M in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4%.

Export of Asbestos, Other than Crocidolite in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	86.8	67.5	66.5	66.5	-8.5%
Sri Lanka	8.2	9.4	13.4	18.0	30.0%
China	29.2	38.5	39.3	13.9	-21.9%
Uzbekistan	7.6	7.8	7.3	11.6	15.1%
Indonesia	28.3	21.9	28.1	11.2	-26.6%
Vietnam	5.6	9.5	8.8	4.7	-5.7%
Bangladesh	5.0	6.5	7.1	4.4	-4.2%
Thailand	8.4	7.6	7.4	3.2	-27.5%
Others	8.6	6.1	8.1	0.7	-56.7%
Total	188	175	186	134	-10.7%

Top Export Markets for Asbestos, Other than Crocidolite from Russia in 2022:

India (189.3K tons)
Sri Lanka (53.2K tons)
Indonesia (50.1K tons)
China (48.0K tons)
Uzbekistan (25.4K tons)
Vietnam (23.5K tons)
Bangladesh (13.3K tons)
Thailand (11.5K tons)

Imports of Asbestos, Other than Crocidolite in Russia

In 2020, the amount of asbestos, other than crocidolites imported into Russia fell significantly to 11 tons, with a decrease of -33.9% compared with the year before. Overall, imports showed a significant decline.

In value terms, asbestos, other than crocidolite imports declined sharply to $3.2K in 2020. In general, imports continue to indicate a sharp decline.