CIS: Metal Bath Market 2024

Metal Bath Market Size in CIS

In 2022, after three years of growth, there was significant decline in the CIS metal bath market, when its value decreased by X% to $X. Overall, consumption recorded a deep downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Bath Production in CIS

In value terms, metal bath production soared to $X in 2022 estimated in export price. In general, production, however, showed a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Metal Bath Exports

Exports in CIS

In 2022, after three years of growth, there was significant decline in overseas shipments of baths of iron or steel, when their volume decreased by X% to X units. Over the period under review, exports showed a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal bath exports dropped dramatically to $X in 2022. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan was the major exporter of baths of iron or steel in the CIS, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Russia (X units), generating a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the baths of iron or steel exports, with a CAGR of X% from 2012 to 2022. Russia (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) and Russia ($X) were the countries with the highest levels of exports in 2022.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kazakhstan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Metal Bath Imports

Imports in CIS

In 2022, metal bath imports in the CIS reduced remarkably to X units, waning by X% compared with the previous year's figure. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, metal bath imports declined remarkably to $X in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia was the major importing country with an import of about X units, which resulted at X% of total imports. Tajikistan (X units) held the second position in the ranking, distantly followed by Kazakhstan (X units) and Belarus (X units). All these countries together held near X% share of total imports. The following importers - Kyrgyzstan (X units) and Uzbekistan (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal bath imports into Russia stood at X%. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%), Uzbekistan (X%), Kazakhstan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tajikistan, Kazakhstan, Belarus, Uzbekistan and Kyrgyzstan increased by X, X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported baths of iron or steel in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, 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 Uzbekistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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