Russian Federation - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grease Fittings and Oil Seals in Russia - 2022
Contents:
- Price for Grease Fittings and Oil Seals in Russia (CIF) - 2022
- Price for Grease Fittings and Oil Seals in Russia (FOB) - 2022
- Imports of Grease Fittings and Oil Seals in Russia
- Exports of Grease Fittings and Oil Seals in Russia
Price for Grease Fittings and Oil Seals in Russia (CIF) - 2022
The average import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels stood at $9.2 per unit in January 2022, falling by -40.5% against the previous month. Overall, the import price saw a perceptible shrinkage. The growth pace was the most rapid in March 2021 an increase of 33% month-to-month. The import price peaked at $15.5 per unit in December 2021, and then shrank rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($32.5 per unit), while the price for China ($3.1 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grease Fittings and Oil Seals in Russia (FOB) - 2022
In January 2022, the average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $2.8 per unit, falling by -45.3% against the previous month. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in February 2021 an increase of 346% against the previous month. Over the period under review, the average export prices attained the maximum at $5.0 per unit in December 2021, and then reduced sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Armenia ($14.9 per unit), while the average price for exports to Indonesia ($845 per thousand units) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grease Fittings and Oil Seals in Russia
In 2022, after three years of growth, there was significant decline in overseas purchases of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels, when their volume decreased by -15.3% to 3.4M units. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of 4.1M units, and then dropped remarkably in the following year.
In value terms, grease fittings and oil seals imports dropped to $28M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of $32M, and then dropped in the following year.
Import of Grease Fittings and Oil Seals in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 5.9 | 6.0 | 8.0 | 8.3 | 12.0% |
Germany | 4.8 | 4.9 | 6.9 | 7.3 | 15.0% |
China | 2.1 | 2.1 | 2.6 | 2.3 | 3.1% |
Italy | 2.4 | 2.4 | 3.6 | 1.4 | -16.4% |
Taiwan (Chinese) | 1.6 | 1.2 | 1.6 | 1.0 | -14.5% |
South Korea | 0.3 | 0.2 | 0.3 | 1.0 | 49.4% |
Hungary | 2.2 | 2.1 | 1.2 | 0.5 | -39.0% |
India | 0.2 | 0.2 | 0.7 | 0.5 | 35.7% |
Belarus | 0.5 | 0.4 | 1.2 | 0.4 | -7.2% |
Czech Republic | 0.4 | 0.7 | 0.7 | 0.3 | -9.1% |
Others | 5.0 | 4.0 | 5.2 | 5.2 | 1.3% |
Total | 25.2 | 24.3 | 32.0 | 28.1 | 3.7% |
Top Suppliers of Grease Fittings and Oil Seals to Russia in 2022:
- Turkey (1302.9K units)
- China (828.4K units)
- Germany (378.0K units)
- South Korea (260.7K units)
- Taiwan (Chinese) (150.0K units)
- India (130.3K units)
- Italy (93.8K units)
- Belarus (43.9K units)
- Hungary (39.0K units)
- Czech Republic (12.7K units)
Exports of Grease Fittings and Oil Seals in Russia
Grease fittings and oil seals exports from Russia skyrocketed to 5.9M units in 2022, increasing by 80% against the previous year's figure. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, grease fittings and oil seals exports soared to $17M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 131%. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Grease Fittings and Oil Seals in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 1.8 | 1.4 | 1.4 | 7.0 | 57.3% |
Kazakhstan | 0.6 | 1.4 | 0.8 | 4.8 | 100.0% |
Indonesia | N/A | N/A | 0.2 | 2.3 | 1050.0% |
Lithuania | N/A | N/A | N/A | 2.2 | 0% |
India | 4.7 | 6.5 | 0.5 | 0.1 | -72.3% |
Armenia | 0.5 | 0.2 | 0.6 | 0.1 | -41.5% |
Others | 1.3 | 11.0 | 9.4 | 0.3 | -38.7% |
Total | 8.9 | 20.5 | 13.0 | 16.8 | 23.6% |
Top Export Markets for Grease Fittings and Oil Seals from Russia in 2022:
- Kazakhstan (2525.0K units)
- Belarus (2033.8K units)
- Lithuania (738.0K units)
- Indonesia (393.4K units)
- Armenia (160.8K units)
- India (18.0K units)
This report provides an in-depth analysis of the market for grease fittings and oil seals 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 28298400 - Non-automatic lubricating pots, greasing nipples, oil seal rings, hand wheels, levers, hand grips, safety guards and baseplates for machinery
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for grease fittings and oil seals in the Russian Federation.
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This report provides an in-depth analysis of the market for grease fittings and oil seals in the Russian Federation.
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This report provides an in-depth analysis of the global market for grease fittings and oil seals.
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Explore the top import markets for grease fittings and oil seals in 2023, including Germany, the United States, China, and more. Learn about the key factors driving demand in these countries.
Explore the top import markets for grease fittings and oil seals in 2023, including Germany, the United States, China, and more. Learn about the key factors driving demand in these countries.