Russian Federation: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in the Russian Federation

The Russian worked flat glass market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Worked flat glass consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Worked Flat Glass Production in the Russian Federation

In value terms, worked flat glass production declined to $X in 2022 estimated in export price. Overall, production saw a slight decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Worked flat glass production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Worked Flat Glass Exports

Exports from the Russian Federation

In 2022, shipments abroad of worked flat glass decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed moderate growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, worked flat glass exports reduced remarkably to $X in 2022. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons), Estonia (X tons) and Poland (X tons) were the main destinations of worked flat glass exports from Russia, together comprising X% of total exports. The UK, Kyrgyzstan, Armenia, Azerbaijan, Ukraine, France and Moldova lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for worked flat glass exported from Russia were Estonia ($X), Kazakhstan ($X) and Poland ($X), together comprising X% of total exports.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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 worked flat glass export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Azerbaijan ($X per ton) was amongst the lowest.

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

Worked Flat Glass Imports

Imports into the Russian Federation

In 2022, the amount of worked flat glass imported into Russia fell dramatically to X tons, dropping by X% against 2021. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, worked flat glass imports reduced notably to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of worked flat glass to Russia, accounting for a X% share of total imports. Moreover, worked flat glass imports from China exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Germany (X% per year).

In value terms, the largest worked flat glass suppliers to Russia were Germany ($X), China ($X) and Bulgaria ($X), together accounting for X% of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 worked flat glass import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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