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Russian Federation - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Russian Federation: Overview of the Market for Iron Ores And Concentrates 2021

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Market Size for Iron Ores And Concentrates in the Russian Federation

In 2020, the Russian iron ore and concentrate market increased by X% to $X, rising for the fourth year in a row after four years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Iron ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Production of Iron Ores And Concentrates in the Russian Federation

In value terms, iron ore and concentrate production surged to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a mild increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Iron ore and concentrate production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Exports of Iron Ores And Concentrates

Exports from the Russian Federation

In 2020, exports of iron ores and concentrates from Russia contracted to X tonnes, dropping by -X% on 2019 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, iron ore and concentrate exports surged to $X in 2020. Overall, exports enjoyed a slight increase. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes), Ukraine (X tonnes) and Germany (X tonnes) were the main destinations of iron ore and concentrate exports from Russia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron ore and concentrate exported from Russia were China ($X), Ukraine ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by Slovakia, Turkey, France, the Czech Republic, Finland, the UK, Italy, the Netherlands and Poland, which together accounted for a further X the main countries of destination, France recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron ore and concentrate export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, export price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron ore and concentrate export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Ores And Concentrates

Imports into the Russian Federation

In 2020, approx. X tonnes of iron ores and concentrates were imported into Russia; reducing by -X% against 2019. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, iron ore and concentrate imports totaled $X in 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Kazakhstan (X tonnes) was the main iron ore and concentrate supplier to Russia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Kazakhstan amounted to -X%.

In value terms, Kazakhstan ($X) constituted the largest supplier of iron ore and concentrate to Russia.

From 2007 to 2020, the average annual growth rate of value from Kazakhstan was relatively modest.

Import Prices by Country

In 2020, the average iron ore and concentrate import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a mild expansion. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2007 to 2020, the rate of growth in terms of prices for Kazakhstan amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
The country with the largest volume of iron ore and concentrate consumption was China (1,493M tonnes), accounting for 58% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. Australia (132M tonnes) ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of iron ores and concentrates in the world?
+
The country with the largest volume of iron ore and concentrate production was Australia (900M tonnes), comprising approx. 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. The third position in this ranking was occupied by China (340M tonnes), with a 14% share.
What are the leading suppliers of iron ores and concentrates to the Russian Federation?
+
In value terms, Kazakhstan ($643M) constituted the largest supplier of iron ore and concentrate to Russia.
What are the leading importers of iron ores and concentrates from the Russian Federation?
+
In value terms, China ($811M), Ukraine ($541M) and Germany ($163M) constituted the largest markets for iron ore and concentrate exported from Russia worldwide, with a combined 61% share of total exports. These countries were followed by Slovakia, Turkey, France, the Czech Republic, Finland, the UK, Italy, the Netherlands and Poland, which together accounted for a further 30%.
What is the average export price for iron ores and concentrates in the Russian Federation?
+
The average iron ore and concentrate export price stood at $114 per tonne in 2020, increasing by 22% against the previous year.
What is the average import price for iron ores and concentrates in the Russian Federation?
+
In 2020, the average iron ore and concentrate import price amounted to $73 per tonne, surging by 1.8% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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