Key Market Indicators
Russia is set to become one of the leading exporters of lead over the next five years. Projections suggest exports will reach around $324 million by 2026, up from $279 million in 2021. This represents an average growth rate of 2.5% year on year. Since 2001, Russian supply has increased by 3.8% year on year. In 2021, Russia ranked 8th in the world for lead exports, with Belgium just ahead at $279 million. Australia, the UK, and Canada ranked 2nd, 3rd, and 4th respectively. Meanwhile, imports of lead are forecast to fall by 3.5% year on year on average to reach $8.5 million by 2026. Since 2001, Russian demand has increased by 5% year on year. In 2021, Russia was the 49th largest importer of lead, with Chile ahead at $10.5 million. India, Germany and the UK were the 2nd, 3rd and 4th biggest importers respectively.
