CIS: Natural Abrasives Market 2020

Natural Abrasives Market Size in CIS

The revenue of the natural abrasives market in CIS amounted to $X in 2017, going up by X% against the previous year. The natural abrasives consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the natural abrasives market attained its peak figure level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Natural Abrasives Production in CIS

In 2017, approx. X tons of industrial diamonds and other natural abrasives were produced in CIS; remaining constant against the previous year. The natural abrasives production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. The volume of natural abrasives production peaked of X tons in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Natural Abrasives Exports in CIS

The exports amounted to X tons in 2017, waning by -X% against the previous year. The natural abrasives exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. Over the period under review, the natural abrasives exports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, natural abrasives exports totaled $X in 2017. The natural abrasives exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Natural Abrasives Exports by Country in CIS

Russia dominates natural abrasives exports structure, reaching X tons, which was near X% of total exports in 2017. Kazakhstan (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to natural abrasives exports from Russia stood at +X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Kazakhstan and Russia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Russia stood at +X%.

Natural Abrasives Export Prices by Country in CIS

In 2017, the natural abrasives export price in CIS amounted to $X per kg, increasing by X% against the previous year. The export price indicated a temperate increase from 2007 to 2017: its price 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 natural abrasives export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for industrial diamonds and other natural abrasives reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per kg), while Kazakhstan ($X per ton) was amongst the lowest.

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

Natural Abrasives Imports in CIS

In 2017, approx. X tons of industrial diamonds and other natural abrasives were imported in CIS; therefore, remained relatively stable against the previous year. The natural abrasives imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the natural abrasives imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, natural abrasives imports stood at $X in 2017. The natural abrasives imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Natural Abrasives Imports by Country in CIS

Russia prevails in natural abrasives imports structure, amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by Azerbaijan (X tons), achieving X% share of total imports. Kazakhstan (X tons) and Belarus (X tons) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to natural abrasives imports into Russia stood at +X%. At the same time, Azerbaijan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Azerbaijan and Russia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported industrial diamonds and other natural abrasives in CIS, making up X% of global imports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia stood at +X%. In the other countries, the average annual rates were as follows: Azerbaijan (+X% per year) and Kazakhstan (-X% per year).

Natural Abrasives Import Prices by Country in CIS

The natural abrasives import price in CIS stood at $X per ton in 2017, rising by X% against the previous year. The natural abrasives import price continues to indicate a deep deduction. The growth pace was the most rapid in 2016, an increase of X% against the previous year. Over the period under review, the import prices for industrial diamonds and other natural abrasives attained its maximum level of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Russia ($X per ton), while Belarus ($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 Belarus (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform