Report Russian Federation - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Russian Federation - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Pig Iron Articles Market 2023

Pig Iron Articles Market Size in the Russian Federation

The Russian pig iron articles market soared to $X in 2021, jumping by 16% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Pig Iron Articles Production in the Russian Federation

In value terms, pig iron articles production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. Pig iron articles production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Pig Iron Articles Exports

Exports from the Russian Federation

In 2021, approx. X tons of granules and powders of pig iron were exported from Russia; increasing by 12% on the year before. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, pig iron articles exports surged to $X in 2021. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 48%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Belarus (X tons) and the Czech Republic (X tons) were the main destinations of pig iron articles exports from Russia, with a combined 33% share of total exports. These countries were followed by Italy, Germany, Kazakhstan, the Netherlands, Slovenia, Ukraine, Serbia, Finland, France and Hungary, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +104.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pig iron articles exported from Russia were Poland ($X), Germany ($X) and Belarus ($X), with a combined 24% share of total exports. Italy, the Czech Republic, France, Kazakhstan, Ukraine, Serbia, Hungary, Slovenia, the Netherlands and Finland lagged somewhat behind, together accounting for a further 34%.

France, with a CAGR of +70.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pig iron articles export price amounted to $X per ton, increasing by 15% against the previous year. Overall, the export price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 27%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Articles Imports

Imports into the Russian Federation

In 2021, overseas purchases of granules and powders of pig iron increased by 4.6% to X tons, rising for the fifth consecutive year after four years of decline. Over the period under review, imports, however, saw a mild contraction. The pace of growth appeared the most rapid in 2017 with an increase of 61%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, pig iron articles imports skyrocketed to $X in 2021. Overall, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of 36% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest pig iron articles supplier to Russia, with a 60% share of total imports. Moreover, pig iron articles imports from Ukraine exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ukraine amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-6.6% per year) and China (+36.5% per year).

In value terms, Ukraine ($X), Sweden ($X) and China ($X) appeared to be the largest pig iron articles suppliers to Russia, with a combined 75% share of total imports.

Among the main suppliers, China, with a CAGR of +34.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average pig iron articles import price stood at $X per ton in 2021, rising by 14% against the previous year. In general, the import price, however, saw a mild decline. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for granules and powders of pig iron in the world?
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China remains the largest pig iron articles consuming country worldwide, comprising approx. 22% of total volume. Moreover, pig iron articles consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The United States ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of granules and powders of pig iron in the world?
+
China constituted the country with the largest volume of pig iron articles production, comprising approx. 22% of total volume. Moreover, pig iron articles production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was held by Russia, with a 9.3% share.
What are the leading suppliers of granules and powders of pig iron to the Russian Federation?
+
In value terms, Ukraine, Sweden and China were the largest pig iron articles suppliers to Russia, together comprising 75% of total imports.
What are the leading importers of granules and powders of pig iron from the Russian Federation?
+
In value terms, Poland, Germany and Belarus constituted the largest markets for pig iron articles exported from Russia worldwide, together accounting for 24% of total exports. These countries were followed by Italy, the Czech Republic, France, Kazakhstan, Ukraine, Serbia, Hungary, Slovenia, the Netherlands and Finland, which together accounted for a further 34%.
What is the average export price for granules and powders of pig iron in the Russian Federation?
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The average pig iron articles export price stood at $1,150 per ton in 2021, growing by 15% against the previous year.
What is the average import price for granules and powders of pig iron in the Russian Federation?
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In 2021, the average pig iron articles import price amounted to $932 per ton, growing by 14% against the previous year.

This report provides an in-depth analysis of the pig iron articles 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 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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