CIS: Forged Steel Bar Market 2020

Forged Steel Bar Market Size in CIS

The revenue of the forged steel bar market in CIS amounted to $X in 2017, going up by X% against the previous year. The forged steel bar consumption continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. In that year, the forged steel bar market attained their peak level of $X. From 2012 to 2017, growth of the forged steel bar market stood at a somewhat lower level.

Forged Steel Bar Production in CIS

In 2017, the amount of forged bars of steel and hot-rolled barsof non-alloy steel produced in CIS totaled X tons, coming up by X% against the previous year. The forged steel bar production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the forged steel bar production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Forged Steel Bar Exports in CIS

The exports stood at X tons in 2017, surging by X% against the previous year. The total exports indicated a mild growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forged steel bar exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. Over the period under review, the forged steel bar exports reached its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, forged steel bar exports stood at $X in 2017. The forged steel bar exports continue to indicate a slight decline. Over the period under review, the forged steel bar exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Exports by Country in CIS

Russia was the major exporter of forged bars of steel and hot-rolled barsof non-alloy steel in CIS, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Belarus (X tons), mixed up X% share of total exports.

Russia was also the fastest growing in terms of the forged bars of steel and hot-rolled barsof non-alloy steel exports, with a CAGR of +X% from 2007 to 2017. Belarus (-X%) illustrated a downward trend over the same period. Belarus (X%) significantly strengthened its position in terms of the global exports, while Russia saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest forged steel bar supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports.

In Russia, forged steel bar exports remained relatively stable over the period from 2007-2017.

Forged Steel Bar Export Prices by Country in CIS

The forged steel bar export price in CIS stood at $X per ton in 2017, rising by X% against the previous year. The forged steel bar export price continues to indicate a temperate decrease. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. In that year, the export prices for forged bars of steel and hot-rolled barsof non-alloy steel reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for forged bars of steel and hot-rolled barsof non-alloy steel failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Russia ($X per ton) and Belarus ($X per ton), while Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (-X% per year).

Forged Steel Bar Imports in CIS

In 2017, the amount of forged bars of steel and hot-rolled barsof non-alloy steel imported in CIS amounted to X tons, stabilizing at the previous year. The forged steel bar imports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, forged steel bar imports stood at $X in 2017. The forged steel bar imports continue to indicate an abrupt reduction. Over the period under review, the forged steel bar imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Forged Steel Bar Imports by Country in CIS

In 2017, Kazakhstan (X tons), Azerbaijan (X tons) and Belarus (X tons) represented the key importers of forged bars of steel and hot-rolled barsof non-alloy steel in CIS, making up X% of total import. It was distantly followed by Russia (X tons) and Armenia (X tons), together generating X% share of total imports. Kyrgyzstan (X tons) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Kyrgyzstan (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest forged steel bar markets worldwide were Azerbaijan ($X), Kazakhstan ($X) and Belarus ($X), with a combined X% share of total imports.

Among the main importing countries , Azerbaijan (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced a decline in the imports figures.

Forged Steel Bar Import Prices by Country in CIS

In 2017, the forged steel bar import price in CIS amounted to $X per ton, jumping by X% against the previous year. The forged steel bar import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Azerbaijan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Azerbaijan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform