Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,497 per ton in 2022, increasing by 27% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +64.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,381 per ton), while the price for Ukraine ($2,870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,366 per ton, with an increase of 36% against the previous year. In general, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 105%. As a result, the export price attained the peak level of $7,381 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($29,471 per ton), while the average price for exports to Armenia ($2,149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia
For the third consecutive year, Russia recorded decline in purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira, which decreased by -36.8% to 3.4K tons in 2022. In general, imports recorded a abrupt contraction. The smallest decline of -7.7% was in 2020.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira declined sharply to $22M in 2022. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $27M, and then fell sharply in the following year.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 8.0 | 9.3 | 9.1 | 3.5% |
| Italy | 4.1 | 3.8 | 6.1 | 5.4 | 9.6% |
| Poland | 5.9 | 5.1 | 5.6 | 3.7 | -14.4% |
| Lithuania | 0.9 | 1.3 | 2.2 | 1.0 | 3.6% |
| Austria | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Belarus | 0.6 | 0.8 | 0.8 | N/A | 15.5% |
| Others | 5.2 | 3.8 | 3.0 | 2.3 | -23.8% |
| Total | 25.4 | 23.1 | 27.5 | 22.0 | -4.7% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Russia in 2022:
- China (2070.6 tons)
- Italy (520.0 tons)
- Poland (407.3 tons)
- Lithuania (105.4 tons)
- Austria (52.1 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia
In 2022, overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira decreased by -69% to 394 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, the exports attained the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira plummeted to $2.1M in 2022. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 864 | 1,068 | 1,837 | 1,669 | 24.5% |
| Egypt | 28.0 | 351 | 27.1 | 146 | 73.4% |
| Turkey | N/A | 8.0 | 33.0 | 69.3 | 194.3% |
| Kyrgyzstan | 25.3 | 53.0 | 9.9 | 59.6 | 33.1% |
| Armenia | 22.0 | 20.1 | 66.3 | 37.2 | 19.1% |
| United States | N/A | N/A | 478 | N/A | 0% |
| Iran | 48.9 | 1,083 | N/A | N/A | 2114.7% |
| Belarus | 1,872 | 1,794 | 2,453 | N/A | 14.5% |
| Others | 363 | 191 | 103 | 131 | -28.8% |
| Total | 3,223 | 4,569 | 5,008 | 2,112 | -13.1% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Russia in 2022:
- Kazakhstan (317.4 tons)
- Egypt (24.6 tons)
- Armenia (17.3 tons)
- Turkey (13.7 tons)
- Kyrgyzstan (12.0 tons)
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