Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia - 2022
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (CIF) - 2022
In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,518 per ton, picking up by 11% against the previous year. In general, the import price recorded a modest expansion. The growth pace was the most rapid in 2021 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,206 per ton), while the price for Turkey ($2,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (FOB) - 2022
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,202 per ton in 2022, declining by -80.2% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of 125%. The export price peaked at $23,296 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,821 per ton), while the average price for exports to Lithuania ($114 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 India (-17.7%), while the prices for the other major destinations experienced a decline.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia
For the fourth consecutive year, Russia recorded growth in purchases abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, which increased by 8.6% to 24K tons in 2022. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $84M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 14.4 | 14.5 | 18.8 | 28.0 | 24.8% |
| China | 12.3 | 15.2 | 22.7 | 18.4 | 14.4% |
| Romania | 0.6 | 1.8 | 1.6 | 13.7 | 183.7% |
| India | 5.7 | 7.1 | 8.7 | 4.8 | -5.6% |
| Turkey | 0.5 | 0.4 | 0.3 | 3.6 | 93.1% |
| South Africa | N/A | 0.3 | 0.3 | 3.0 | 216.2% |
| Lithuania | 0.3 | 0.3 | 0.1 | 1.9 | 85.0% |
| Italy | 4.1 | 2.9 | 3.0 | 0.9 | -39.7% |
| Taiwan (Chinese) | 3.3 | 2.0 | 2.4 | 0.3 | -55.0% |
| Others | 11.0 | 8.2 | 11.6 | 9.6 | -4.4% |
| Total | 52.3 | 52.7 | 69.5 | 84.0 | 17.1% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Russia in 2022:
- South Korea (10.0K tons)
- China (4.8K tons)
- Romania (3.0K tons)
- Turkey (1.4K tons)
- India (1.2K tons)
- South Africa (1.1K tons)
- Lithuania (0.5K tons)
- Italy (0.2K tons)
- Taiwan (Chinese) (0.1K tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia
In 2022, approx. 1.2K tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were exported from Russia; increasing by 94% compared with the previous year's figure. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 147%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds dropped markedly to $2.6M in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 284% against the previous year. As a result, the exports reached the peak of $6.7M, and then dropped remarkably in the following year.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 51.2 | 64.7 | 4,689 | 2,357 | 258.4% |
| Belarus | 1,559 | 1,091 | 1,224 | 41.0 | -70.3% |
| Lithuania | 21.3 | 122 | 31.2 | 28.8 | 10.6% |
| Latvia | 247 | 50.0 | 68.7 | 27.8 | -51.7% |
| Armenia | 0.2 | 43.6 | 50.1 | 25.2 | 401.3% |
| Germany | N/A | N/A | 19.5 | 20.5 | 5.1% |
| Moldova | 27.1 | 1.8 | 36.3 | 18.3 | -12.3% |
| Kazakhstan | 63.8 | 104 | 243 | 5.4 | -56.1% |
| Others | 153 | 258 | 302 | 38.3 | -37.0% |
| Total | 2,122 | 1,736 | 6,664 | 2,562 | 6.5% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Russia in 2022:
- India (404.9 tons)
- Lithuania (252.4 tons)
- Belarus (170.7 tons)
- Armenia (102.7 tons)
- Germany (66.3 tons)
- Latvia (49.3 tons)
- Moldova (49.1 tons)
- Kazakhstan (13.1 tons)
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