Key Market Indicators
By 2028, Russian metal product imports are projected to reach nearly $1.92 billion, up from approximately $1.77 billion in 2023. This represents an average annual growth rate of 1.3%. Since 2001, the demand for metal products in Russia has consistently increased at an annual rate of 1.2%. Conversely, Russian metal product exports are expected to decline slightly, reaching about $194 million by 2028 from roughly $199 million in 2023. This marks an average annual decrease of 0.4%. Since 2001, the supply of metal products from Russia has been decreasing at an annual rate of 0.5%.
