Price for Tube or Pipe Flanges of Stainless Steel in Russia - 2022

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Russia (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Russia (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Russia
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Russia

Price for Tube or Pipe Flanges of Stainless Steel in Russia (CIF) - 2022

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $7,113 per ton, remaining stable against the previous year. Over the period under review, the import price, however, saw a slight decrease. The growth pace was the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $9,177 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Spain ($241,500 per ton), while the price for India ($5,654 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges of Stainless Steel in Russia (FOB) - 2022

In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $5,663 per ton, shrinking by -39% against the previous year. In general, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 73%. The export price peaked at $9,286 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($7,419 per ton), while the average price for exports to Mongolia ($3,087 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 (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Flanges of Stainless Steel in Russia

In 2022, approx. 3.2K tons of tube or pipe flanges of stainless steels were imported into Russia; declining by -17.6% against the previous year. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year.

In value terms, imports of tube or pipe flanges of stainless steels declined dramatically to $23M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year.

Import of Tube or Pipe Flanges of Stainless Steel in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.49.613.316.21.7%
Italy1.91.11.02.13.4%
India0.71.23.20.98.7%
Germany2.42.51.90.6-37.0%
Poland1.71.31.00.5-33.5%
Turkey0.13.10.20.344.2%
Spain1.20.3N/AN/A-75.0%
UkraineN/A2.03.2N/A60.0%
Others3.95.63.52.0-20.0%
Total27.426.827.322.7-6.1%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Russia in 2022:

  1. China (2651.1 tons)
  2. Italy (186.3 tons)
  3. India (158.6 tons)
  4. Turkey (51.7 tons)
  5. Poland (28.2 tons)
  6. Germany (27.6 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Russia

In 2022, exports of tube or pipe flanges of stainless steels from Russia shrank dramatically to 177 tons, waning by -28.1% on the previous year's figure. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of 246 tons, and then reduced notably in the following year.

In value terms, exports of tube or pipe flanges of stainless steels dropped notably to $1M in 2022. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of $2.3M, and then contracted notably in the following year.

Export of Tube or Pipe Flanges of Stainless Steel in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan40962057872721.1%
Uzbekistan44.019.357863.613.1%
Mongolia1.4N/A0.511.7102.9%
Ukraine35.024.423.92.9-56.4%
France6172.7N/AN/A-99.6%
Belarus753495724N/A-1.9%
Others258286384199-8.3%
Total2,1171,4472,2871,004-22.0%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Russia in 2022:

  1. Kazakhstan (157.3 tons)
  2. Uzbekistan (8.6 tons)
  3. Mongolia (3.8 tons)
  4. Ukraine (0.3 tons)

Source: IndexBox Market Intelligence Platform

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