Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $11,049 per ton, surging by 11% against the previous year. In general, the import price, however, recorded a perceptible reduction. Over the period under review, average import prices hit record highs at $16,404 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Estonia ($41,361 per ton), while the price for China ($8,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $12,059 per ton, growing by 41% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 95%. The export price peaked in 2022 and is expected to retain growth in years to come.
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 Azerbaijan ($30,789 per ton), while the average price for exports to Kazakhstan ($7,376 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 Uzbekistan (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -34.5% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 27%.
In value terms, imports of tube or pipe butt welding fittings of stainless steels shrank rapidly to $30M in 2022. In general, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $41M, and then shrank notably in the following year.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 17.4 | 17.8 | 16.9 | 9.1% |
| Italy | 7.7 | 3.1 | 7.8 | 4.8 | -14.6% |
| Estonia | 0.5 | 0.6 | 0.2 | 2.5 | 71.0% |
| South Korea | 1.3 | 0.8 | 1.6 | 1.6 | 7.2% |
| Germany | 3.1 | 3.3 | 2.7 | 1.3 | -25.1% |
| Czech Republic | 1.1 | 0.9 | 1.1 | 0.8 | -10.1% |
| Lithuania | 1.0 | 2.1 | 1.1 | 0.4 | -26.3% |
| Poland | 0.4 | 1.0 | 2.0 | 0.1 | -37.0% |
| Ukraine | 1.3 | 3.6 | 3.1 | N/A | 54.4% |
| Others | 2.3 | 2.9 | 3.4 | 1.3 | -17.3% |
| Total | 31.7 | 35.8 | 40.8 | 29.6 | -2.3% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Russia in 2022:
- China (1898.0 tons)
- Italy (413.9 tons)
- South Korea (98.1 tons)
- Estonia (59.5 tons)
- Czech Republic (56.7 tons)
- Germany (49.9 tons)
- Lithuania (14.0 tons)
- Poland (10.3 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia
In 2022, the amount of tube or pipe butt welding fittings of stainless steels exported from Russia shrank remarkably to 151 tons, reducing by -74.5% compared with the previous year's figure. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports reached the peak of 591 tons, and then shrank significantly in the following year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels reduced sharply to $1.8M in 2022. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 74%.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 533 | 813 | 1,305 | 753 | 12.2% |
| Germany | 5.9 | 0.3 | N/A | 750 | 402.8% |
| Uzbekistan | 180 | 117 | 449 | 131 | -10.1% |
| Italy | N/A | 3.2 | 1,263 | 78.4 | 395.0% |
| Armenia | 23.2 | 14.8 | 19.7 | 43.7 | 23.5% |
| Turkey | 4.0 | 47.1 | 510 | 3.6 | -3.5% |
| Serbia | 1,801 | 389 | 1.2 | N/A | -97.4% |
| Belarus | 2,534 | 1,085 | 817 | N/A | -43.2% |
| Ukraine | 174 | 203 | 470 | N/A | 64.4% |
| Others | 105 | 235 | 216 | 58.6 | -17.7% |
| Total | 5,361 | 2,907 | 5,051 | 1,819 | -30.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Russia in 2022:
- Kazakhstan (102.0 tons)
- Germany (26.4 tons)
- Italy (9.2 tons)
- Uzbekistan (6.3 tons)
- Armenia (3.5 tons)
- Turkey (0.1 tons)
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