CIS: Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size in CIS

The CIS aluminium alloy wire market reduced slightly to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a noticeable setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Aluminium Alloy Wire Production in CIS

In value terms, aluminium alloy wire production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Aluminium Alloy Wire Exports

Exports in CIS

In 2022, approx. X tons of aluminium alloy wire were exported in the CIS; increasing by X% compared with the previous year's figure. Over the period under review, exports saw a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, aluminium alloy wire exports fell slightly to $X in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined modestly in the following year.

Exports by Country

In 2022, Russia (X tons) was the major exporter of aluminium alloy wire, constituting X% of total exports. It was distantly followed by Tajikistan (X tons), creating a X% share of total exports. Kazakhstan (X tons) held a little share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Tajikistan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest aluminium alloy wire supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a X% share of total exports.

In Russia, aluminium alloy wire exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tajikistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Aluminium Alloy Wire Imports

Imports in CIS

In 2022, purchases abroad of aluminium alloy wire was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy wire imports reached $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Russia (X tons) and Belarus (X tons) prevails in imports structure, together making up X% of total imports. It was distantly followed by Kazakhstan (X tons), generating a X% share of total imports. Armenia (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy wire importing markets in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), with a combined X% share of total imports. Armenia and Azerbaijan lagged somewhat behind, together comprising a further X%.

Armenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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