A survey from April 2020 showed that almost 91 percent of Russian mining and metals companies expected the production volume in those sectors to fully recover from the impact of the coronavirus (COVID-19) after 12 months. Opinions on change in volume of mining and metals production seemed to mostly agree on effects after the next three and six months. The majority of respondents believed that the production would not change considerably in those periods.
Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period
Characteristic
Increase in volume by 20-30%
Increase in volume by 5-20%
Production volume will not change significantly
Decrease in volume by 5-20%
Decrease in volume by 20-30%
We expect a signinficant decrease in production volume, there is a risk of company closure
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KPMG. (April 27, 2020). Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/
KPMG. "Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period." Chart. April 27, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/
KPMG. (2020). Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/
KPMG. "Forecast Change in Mining and Metals Production Due to Covid-19 in Russia in 2020, by Period." Statista, Statista Inc., 27 Apr 2020, https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/
KPMG, Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period Statista, https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/ (last visited December 22, 2024)
Forecast change in mining and metals production due to COVID-19 in Russia in 2020, by period [Graph], KPMG, April 27, 2020. [Online]. Available: https://www.statista.com/statistics/1117391/mining-production-change-forecast-due-to-covid-19-russia/
