Russian Federation: Market for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) 2024

Market Size for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in the Russian Federation

The Russian market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) shrank slightly to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in the Russian Federation

In value terms, production of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

Exports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Exports from the Russian Federation

In 2022, the amount of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) exported from Russia shrank rapidly to X tons, with a decrease of X% against 2021. In general, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) dropped significantly to $X in 2022. Over the period under review, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Uzbekistan (X tons) was the main destination for exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) from Russia, with a X% share of total exports. Moreover, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) to Uzbekistan exceeded the volume sent to the second major destination, Finland (X kg), twofold. Kazakhstan (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Kazakhstan (X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Finland (X% per year).

Export Prices by Country

The average export price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price faced a sharp setback. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Kazakhstan ($X per ton), while the average price for exports to the Czech Republic ($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 Kazakhstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Imports into the Russian Federation

After two years of growth, overseas purchases of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) decreased by X% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), Uzbekistan (X tons) and China (X tons) were the main suppliers of imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) to Russia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), China ($X) and Poland ($X) appeared to be the largest salts of oxometallic and peroxometallic acids suppliers to Russia, together accounting for X% of total imports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :