Russian Federation: Propellant Powders Market 2024

Propellant Powders Market Size in the Russian Federation

The Russian propellant powders market shrank to $X in 2022, declining by X% against the previous year. Overall, consumption recorded a noticeable slump. Propellant powders consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Propellant Powders Production in the Russian Federation

In value terms, propellant powders production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Propellant Powders Exports

Exports from the Russian Federation

In 2022, shipments abroad of propellant powders decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, propellant powders exports rose slightly to $X in 2022. In general, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons), the United States (X tons) and Kyrgyzstan (X tons) were the main destinations of propellant powders exports from Russia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United States ($X) and Kyrgyzstan ($X) were the largest markets for propellant powders exported from Russia worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United States, with a CAGR of X%, saw 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

In 2022, the average propellant powders export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price recorded tangible growth. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($X per ton) and Kyrgyzstan ($X per ton), while the average price for exports to Turkey ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into the Russian Federation

In 2022, imports of propellant powders into Russia dropped rapidly to X tons, shrinking by X% compared with the previous year's figure. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, propellant powders imports shrank markedly to $X in 2022. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

France (X tons), Kazakhstan (X tons) and Latvia (X kg) were the main suppliers of propellant powders imports to Russia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest propellant powders suppliers to Russia were France ($X), Kazakhstan ($X) and Latvia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average propellant powders import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propellant powders import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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