Russian Federation - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStainless Steel Sink Price in Russia - 2022
Contents:
- Stainless Steel Sink Price in Russia (CIF) - 2022
- Stainless Steel Sink Price in Russia (FOB) - 2022
- Stainless Steel Sink Imports in Russia
- Stainless Steel Sink Exports in Russia
Stainless Steel Sink Price in Russia (CIF) - 2022
In January 2022, the average stainless steel sink import price amounted to $49.8 per unit, approximately reflecting the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in March 2021 an increase of 22% m-o-m. The import price peaked at $55.8 per unit in November 2021; however, from December 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 Germany ($168 per unit), while the price for Belarus ($20.0 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Sink Price in Russia (FOB) - 2022
The average stainless steel sink export price stood at $42 per unit in 2022, reducing by -3.1% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 18%. The export price peaked at $78 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($60 per unit), while the average price for exports to Ukraine ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.2%), while the prices for the other major destinations experienced a decline.
Stainless Steel Sink Imports in Russia
After three years of growth, purchases abroad of stainless steel sinks and wash basins decreased by -0.8% to 524K units in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. Imports peaked at 528K units in 2021, and then declined slightly in the following year.
In value terms, stainless steel sink imports shrank to $22M in 2022. The total import value increased at an average annual rate of +7.4% over the period 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 17% against the previous year. As a result, imports attained the peak of $24M, and then contracted in the following year.
| Import of Stainless Steel Sink in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 13.8 | 16.2 | 15.8 | 13.2% |
| Turkey | 1.6 | 1.6 | 1.9 | 2.8 | 20.5% |
| Germany | 2.5 | 2.3 | 2.3 | 1.9 | -8.7% |
| Belarus | 0.5 | 0.5 | 0.9 | 0.6 | 6.3% |
| Others | 2.2 | 1.9 | 2.3 | 0.7 | -31.7% |
| Total | 17.7 | 20.2 | 23.6 | 21.9 | 7.4% |
Top Suppliers of Stainless Steel Sink to Russia in 2022:
- China (431.3K units)
- Turkey (37.4K units)
- Belarus (33.7K units)
- Germany (13.8K units)
Stainless Steel Sink Exports in Russia
For the third consecutive year, Russia recorded decline in shipments abroad of stainless steel sinks and wash basins, which decreased by -2.5% to 49K units in 2022. In general, exports recorded a pronounced descent. The smallest decline of -1.7% was in 2020. Over the period under review, the exports attained the maximum at 54K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, stainless steel sink exports declined to $2M in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. The exports peaked at $2.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Stainless Steel Sink in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 641 | 591 | 710 | 1,171 | 22.2% |
| Kazakhstan | 679 | 746 | 808 | 543 | -7.2% |
| Ukraine | 316 | 224 | 293 | 234 | -9.5% |
| Poland | 472 | 0.3 | N/A | N/A | -99.9% |
| Others | 421 | 366 | 355 | 98.8 | -38.3% |
| Total | 2,528 | 1,928 | 2,166 | 2,047 | -6.8% |
Top Export Markets for Stainless Steel Sink from Russia in 2022:
- Belarus (29.6K units)
- Ukraine (9.0K units)
- Kazakhstan (9.0K units)
This report provides an in-depth analysis of the stainless steel sink 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 25991110 - Stainless steel sinks and wash basins
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
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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
360
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This report provides an in-depth analysis of the stainless steel sink market in the Russian Federation.
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This report provides an in-depth analysis of the metal bath market in the Russian Federation.
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This report provides an in-depth analysis of the market for iron or steel sanitary ware in the Russian Federation.
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