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Faucets In Russia

Faucets in Russia

The top exporting countries of faucets to Russia

1. China – $34.4 million
2. Germany – $8.6 million
3. Italy – $5.5 million
4. Turkey – $3.3 million
5. South Korea – $2.2 million

6. United Arab Emirates – $1.4 million
7. Belarus – $1.3 million
8. Spain – $1.2 million
9. Czechia – $0.9 million
10 .Poland – $0.8 million

Product registration rules for faucets in Russia

 In Russia, the Technical Regulation on the Safety of Equipment Intended for Use in Buildings and Structures (TR EAEU 044/2017) applies to faucets intended for use in buildings and structures. The regulation sets out the safety requirements that faucets must comply with in order to be placed on the Russian market.
 To register faucets in Russia, an applicant must submit a set of documents to a conformity assessment body accredited by the Federal Agency for Technical Regulation and Metrology (Rosstandart). The required documents typically include:

1. Technical documentation, including drawings, specifications, and test reports
2. A copy of the manufacturer’s quality management system certificate
3. A copy of the applicant’s company registration documents
4. A copy of the contract with the accredited conformity assessment body
5. Other documents as required by the conformity assessment body.

 The conformity assessment body will review the documents and conduct testing if necessary to ensure that the faucets meet the requirements of TR EAEU 044/2017. If the faucets meet the requirements, the conformity assessment body will issue a certificate of conformity, which is required for the faucets to be placed on the Russian market.

The most popular faucets in Russia

1. Grohe (German)
2. Hansgrohe (German)

3. Kohler (American)
4. Lemark (Russian)

The best faucet manufacturers in Russia

1. IDDIS
2. ROSSINKA
3. PROFSAN

4. TORGZNAKSERVICE
5. ROSTOV
6. DECOROOM

Exhibitions of faucets in Russia

1. STROY-EXPERT
2. STROY-VOLGA

3. INTERSTORYEXPO
4. BUILD URAL

5. ALTAYSTORY-GORNO-ALTAYSK

Packaging of faucets in Russia

 In Russia, the packaging of faucets must comply with the requirements of the Technical Regulation on the Safety of Packaging (TR EAEU 005/2011), which sets out the safety and environmental requirements for packaging used in the country. The regulation applies to all types of packaging, including those used for faucets.
 The packaging of faucets should be designed to protect the product from damage during transportation and storage, as well as to ensure that the product is easily identified and handled. The packaging materials used should be safe for human health and the environment, and should be able to withstand the conditions of transportation and storage.

The volume of the faucet market in Russia

 The Russian faucet market was valued at approximately USD 350 million in 2018. The report also estimated that the market would grow at a compound annual growth rate (CAGR) of around 5% between 2019 and 2024.
 Factors driving the growth of the faucet market in Russia include increasing urbanization, rising disposable incomes, and growing awareness of the importance of water conservation and sustainability. Additionally, the increasing availability of innovative and technologically advanced faucets is also expected to drive demand in the market.

Approximate price of faucets in the Russian market

 The price of faucets in the Russian market can vary widely depending on the brand, materials, design, and features of the faucet. However, as a rough estimate, the price range for faucets in the Russian market is typically between 1,000 and 50,000 Russian rubles, which is equivalent to approximately 14 to 680 US dollars.

india

India

India

 India is located in Southern Asia bordering the Arabian Sea and the Bay of Bengal. Neighboring countries include Bangladesh, Bhutan, Burma, China, Nepal, and Pakistan. India has a diverse geology: upland plain (Deccan Plateau) in south, flat to rolling plain along the Ganges River, deserts in west, and the Himalayas in the north. The government is a federal republic; the chief of state is the president, and the head of government is the prime minister. India has a market economy in which the prices of goods and services are determined in a free price system. India is a member of the Asia-Pacific Trade Agreement (APTA) and the South Asian Association for Regional Cooperation (SAARC).

Population Population Growth Rate Age Dependency Ratio Urban Population Infant Mortality Rate Life Expectancy at Birth
1,380,004,385 (2020)
0.989 annual % (2020)
48.665 % of working-age population (2020)
34.926 % of total (2020)
28.3 per 1,000 live births (2019)
69.656 years (2019)

Business partners

Importers

Select your indicators

Value exported in 2021 (USD thousand)

Share in India’s exports (%)

World

394,813,673

100

United States of America

71,510,497

18.1

United Arab Emirates

25,446,639

6.4

China

23,036,597

5.8

Bangladesh

14,092,748

3.6

Hong Kong, China

11,290,061

2.9

Singapore

10,650,087

2.7

United Kingdom

10,374,395

2.6

Netherlands

10,284,461

2.6

Germany

9,513,606

2.4

Nepal

9,189,859

2.3

Exporters

Select your indicators

Value imported in 2021 (USD thousand)

Share in India’s imports (%)

World

570,402,004

100

China

87,535,136

15.3

United Arab Emirates

43,070,345

7.6

United States of America

41,386,816

7.3

Switzerland

29,492,003

5.2

Saudi Arabia

27,689,346

4.9

Iraq

26,566,073

4.7

Hong Kong, China

18,201,551

3.2

Singapore

18,201,531

3.2

Korea, Republic of

17,076,153

3

Indonesia

16,724,828

2.9

Most important cities

India’s most important cities are:
–  Delhi
–  Mubai
–  Bangalore
–  Kolkata

Indian culture: Customs and traditions

 Indian culture is among the world’s oldest as the people of India can track their civilization back as far as 4,500 years ago. Many sources describe it as “Sa Prathama Sanskrati Vishvavara” — the first and the supreme culture in the world, according to the All World Gayatri Pariwar(opens in new tab) (AWGP) organization.

 Western societies did not always see the culture of India very favorably, according to Christina De Rossi, an anthropologist at Barnet and Southgate College in London. Early anthropologists once considered culture as an evolutionary process, and “every aspect of human development was seen as driven by evolution,” she told Live Science. “In this view, societies outside of Europe or North America, or societies that did not follow the European or Western way of life, were considered primitive and culturally inferior. Essentially this included all the colonized countries and people, such as African countries, India, and the Far East.”

 However, Indians made significant advances in architecture (Taj Mahal), mathematics (the invention of zero) and medicine (Ayurveda) well in advance of many western civilizations.

Weather and Climate

 India is the seventh largest country in the world by size and it boasts an incredibly diverse collection of landscapes which are bordered along the eastern, western and southern coast by the Bay of Bengal, the Arabian Sea and the Indian Ocean respectively.  In the north, the country shares its borders with Bangladesh, China, Nepal, Bhutan, Myanmar and Pakistan, and just off the southern coast – alongside a number of islands – lies Sri Lanka.  The country is largely divided up into a number of main regions geographically.  These include the great mountains in the north; the Thar desert to the northwest; the Indo-Gangetic plain characterised by three important rivers (the Ganges, the Indus and the Brahmaputra); the peninsular plateau divided by central highlands and scattered with shallow valleys and rounded hills; and the coastal plains home to a great number of smaller rivers.  There are also two main groupings of islands, the Andaman and Nicobar Islands in the Bay of Bengal, and the Lakshadweep Islands in the Arabian Sea.

 In terms of climate, India can be divided into a number of regions.  For the most part, the country has a tropical climate which throughout most of the interior is a mixture of wet and dry tropical weather.  In northern parts there is a humid tropical climate and along the western coast lies wet tropical areas.  Stretching in a strip up the centre of the country is a semi-arid climate, which also stretches across the north-west.  Although stereotypical images may bring to mind the heat of India, the country can also experience extreme cold.  This takes place largely in the northern mountainous regions which include the cold, arid and windswept Himalayas.

Natural resources

1. Coal
2. Iron ore
3. Manganese
4. Chromite

5. Natural gas
6. Diamonds
7. Limestone
8. Thorium

Economic Index

– GDP (current US$) – India
2,660,245.25

– GDP, PPP (current international $) – India
8,975,476.83

– GDP per capita, PPP (current international $) – India
6,503.9

– GDP per capita (current US$) – India
1,927.7

– Gini index – India
35.7   

– Inflation, consumer prices (annual %) – India
6.6

INTERNET PENETRATION RATE

       India’s internet penetration rate stood at 48.7 % of the total population at the start of 2023.
– There were 692.0 million internet users in India in January 2023.
– There were 467.0 million social media users in India in January 2023.

Social Media Stats in india

Facebook = 65%

Instagram = 26.21%

YouTube = 5.44%

Twitter = 1.92%

Pinterest = 0.97%

LinkedIn = 0.31%

Standards for Trade

 India historically made efforts to align its national standards with international norms, and most Indian standards are harmonized with International Standards Organization (ISO) standards.  Nevertheless, there is current pressure within India to devise Indian Standards, which will create barriers to trade and pose challenges to U.S. exporters in certain sectors.  India frequently fails to notify the WTO of new standards, and to allow time for discussion with its trading partners prior to implementation. 

 Because of pressure from consumer rights groups, NGOs, and environmental activists, there is a growing emphasis on product standards in India in various industry sectors.  The proactive role of Department of Consumer Affairs and Bureau of Indian standards (BIS) under the Mission ‘One Nation One Standard’ have also contributed to an increased awareness and emphasis on product standards in India.

Standards

 In India, voluntary standards are exclusively developed by BIS.  BIS was originally established under the Bureau of Indian Standards Act of 1986 and is responsible for the development and formulation of standards.  In March 2016, the government of India passed a revised bill to replace the 30-year-old BIS Act.  The bill established BIS as a national body and empowered the central government to authorize any other agency having necessary accreditation for conformity assessment against Indian standards.  
 BIS is comprised of representatives of industry, consumer organizations, scientific and research bodies, professional organizations, technical institutions, Indian government ministries, and members of parliament.  BIS is also involved with product certification, quality system certifications and testing, and consumer affairs. 
 BIS is the only organization in India authorized to operate quality certification plans under an Act of Parliament.  It serves as the official member and sets policy for Indian participation in the ISO and International Electro Technical Commission (IEC). 
 In addition, Food Safety and Standards Authority of India (FSSAI) was established under the Food Safety and Standards Act, 2006, as a statutor body for implementing and regulating food standards.

Tariff

 Goods & Services Tax (GST) is levied on all imported goods, with the tax rate being 10% of the value of the goods. In addition, there is the Integrated GST or IGST which is applied to the value of the imported goods plus all applicable customs duties.

Trade agreements

– CEPA
– ECTA
– CECPA
– APTA (Asia Pacific Trade Agreement)
– India ASEAN TIG (India ASEAN Trade in Goods Agreement)
– GSTP (Global System of Trade Preferences)
– SAFTA  (South Asia Free Trade Agreement)
– ISLFTA (Indo Sri Lanka Free Trade Agreement)
– ISCECA (India Singapore Comprehensive Economic Cooperation Agreement)
– JICEPA  (Japan India Comprehensive Economic Partnership Agreements)
– IKCEPA (India Korea Comprehensive Economic Partnership Agreements)

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Export country selection guide

This guide will answer the question: “Which countries should I focus on first when I make my export plan?”

190 countries from Afghanistan to Zimbabwe

When starting with your export plans, it seems that the whole world is at your feet to conquer. But where to start? You can’t even research all these countries first, so you have to make an initial selection.

This guide helps you with this selection process. It is made specifically for small and medium-sized enterprises. In section A, we first filter out those countries that are (mostly) not suitable for an SME to do business in. filtration leads to a selection of 60 countries that at first hand seem to be ‘safe’ for you.

In section B, we help you select based on themes, such as urbanization, aging, trade & logistics, and income differences. Depending on your product or service’s most relevant features, you can decide which countries you want to research further.

Data source

All data comes from the World Bank database and is as much as possible based on the year 2016. In case 2016 data is not available, we use 2015, as long as no significant changes are to be expected (in case of year-­‐to-­‐year inflation, the changes may be substantial, in case of the urbanization, changes will be limited).

There was insufficient data available from several countries, mostly smaller countries like Belize, Monaco, Malta, or Tunesia, confined economies like Cuba and North Korea, and governments at war like Somalia, Syria, and Yemen. Hong Kong and Macau mentioned Taiwan is not in the statistics since China doesn’t see it as a country.

An explanation on GDP and PPP

n our comparison, we have used the Gross Domestic Product (GDP) of a country. GDP is the monetary value of all the finished goods and services produced within a country’s borders in a specific period. Income from overseas investments, for example, is not taken into account.

The GDP PPP is the Gross Domestic Product converted to dollars using Purchasing Power Parity (PPP) rates. Goods and services may be cheaper or more expensive in different countries. With a GDP per person of, for example, 40.000 dollars in the US, you can buy more than with the same GDP per person in Australia. The GDP PPP corrects this, so in Australia, the GDP PPP will be only 30.000 dollars.