Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $4,277 per ton, with a decrease of -18.6% against the previous year. Overall, the import price recorded a slight decline. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. As a result, import price attained the peak level of $5,387 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,556 per ton), while the price for Ukraine ($1,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $9,235 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2018 an increase of 61%. Over the period under review, the average export prices attained the peak figure at $11,084 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 China ($26,563 per ton), while the average price for exports to Kyrgyzstan ($3,132 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 Cuba (+108.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia
For the fourth consecutive year, Russia recorded growth in purchases abroad of iron or steel; non-threaded cotters and cotter-pinses, which increased by 12% to 2.5K tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses contracted to $11M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $12M, and then contracted in the following year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.4 | 6.3 | 7.9 | 23.4% |
| Turkey | 0.5 | 0.3 | 0.6 | 1.5 | 44.2% |
| Germany | 0.9 | 0.9 | 1.3 | 0.3 | -30.7% |
| France | 0.7 | 0.8 | 1.0 | 0.2 | -34.1% |
| Belarus | 0.2 | 0.2 | 0.4 | N/A | 41.4% |
| Others | 2.0 | 2.3 | 2.5 | 1.0 | -20.6% |
| Total | 8.5 | 8.9 | 12.0 | 10.9 | 8.6% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Russia in 2022:
- China (1963.8 tons)
- Turkey (465.2 tons)
- Germany (18.8 tons)
- France (8.7 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia
In 2022, shipments abroad of iron or steel; non-threaded cotters and cotter-pinses decreased by -11.9% to 85 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 149 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses fell slightly to $788K in 2022. In general, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of $864K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 170 | 144 | 169 | 407 | 33.8% |
| Vietnam | 1.1 | 1.2 | 1.2 | 156 | 421.5% |
| China | 61.3 | 154 | 22.3 | 89.8 | 13.6% |
| Uzbekistan | 74.9 | 66.2 | 24.0 | 14.4 | -42.3% |
| Azerbaijan | 4.2 | 3.9 | 1.8 | 11.5 | 39.9% |
| France | 97.6 | 157 | 304 | 10.4 | -52.6% |
| Kyrgyzstan | 4.4 | 3.8 | 1.7 | 8.6 | 25.0% |
| Poland | 15.5 | 20.4 | 17.9 | 0.1 | -81.4% |
| Belarus | 108 | 88.2 | 59.5 | N/A | -25.8% |
| Others | 229 | 225 | 187 | 90.6 | -26.6% |
| Total | 766 | 864 | 789 | 788 | 0.9% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Russia in 2022:
- Kazakhstan (58.9 tons)
- Vietnam (10.4 tons)
- China (3.4 tons)
- Kyrgyzstan (2.8 tons)
- Uzbekistan (2.4 tons)
- France (1.9 tons)
- Azerbaijan (1.4 tons)
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