Russian Federation - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Russia - 2022
Contents:
- Non-Alloy Steel U-Section Price in Russia (FOB) - 2022
- Non-Alloy Steel U-Section Price in Russia (CIF) - 2022
- Non-Alloy Steel U-Section Exports in Russia
- Non-Alloy Steel U-Section Imports in Russia
Non-Alloy Steel U-Section Price in Russia (FOB) - 2022
In January 2022, the average non-alloy steel u-section export price amounted to $1,012 per ton, surging by 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.8%. The most prominent rate of growth was recorded in February 2021 when the average export price increased by 16% against the previous month. The export price peaked at $1,030 per ton in July 2021; afterwards, it flattened through to January 2022.
Average prices varied somewhat for the major overseas markets. In January 2022, the highest price was recorded for prices to Uzbekistan ($1,392 per ton) and Bangladesh ($1,382 per ton), while the average price for exports to Kazakhstan ($938 per ton) and Belarus ($943 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Steel U-Section Price in Russia (CIF) - 2022
In January 2022, the average non-alloy steel u-section import price amounted to $789 per ton, shrinking by -3.3% against the previous month. In general, import price indicated a temperate expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, non-alloy steel u-section import price decreased by -22.7% against August 2021 indices. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 31% against the previous month. Over the period under review, average import prices reached the maximum at $1,020 per ton in August 2021; however, from September 2021 to January 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From January 2021 to January 2022, the rate of growth in terms of prices for Ukraine amounted to +3.5% per month.
Non-Alloy Steel U-Section Exports in Russia
For the third consecutive year, Russia recorded decline in overseas shipments of u-sections of non-alloy steel, which decreased by -13.4% to 89K tons in 2022. Overall, exports showed a deep slump. The smallest decline of -6.4% was in 2020.
In value terms, non-alloy steel u-section exports plummeted to $70M in 2022. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of $90M, and then reduced remarkably in the following year.
Export of Non-Alloy Steel U-Section in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 36.2 | 34.0 | 54.5 | 52.0 | 12.8% |
Uzbekistan | 15.5 | 5.8 | 4.8 | 7.4 | -21.8% |
Kyrgyzstan | 3.6 | 1.7 | 1.6 | 3.0 | -5.9% |
Ukraine | 13.0 | 10.3 | 9.3 | 1.7 | -49.2% |
Azerbaijan | 1.0 | 2.1 | 1.9 | 1.6 | 17.0% |
Belarus | 12.0 | 10.1 | 12.3 | N/A | 1.2% |
Others | 1.2 | 4.8 | 5.1 | 4.3 | 53.0% |
Total | 82.5 | 68.8 | 89.5 | 70.0 | -5.3% |
Top Export Markets for Non-Alloy Steel U-Section from Russia in 2022:
- Kazakhstan (66.3K tons)
- Uzbekistan (9.0K tons)
- Kyrgyzstan (4.3K tons)
- Ukraine (2.5K tons)
- Azerbaijan (2.1K tons)
Non-Alloy Steel U-Section Imports in Russia
For the third consecutive year, Russia recorded decline in purchases abroad of u-sections of non-alloy steel, which decreased by -82.4% to 15K tons in 2022. In general, imports saw a sharp setback. The smallest decline of -7.7% was in 2020.
In value terms, non-alloy steel u-section imports dropped notably to $17M in 2022. Over the period under review, imports saw a dramatic curtailment. The smallest decline of -1.3% was in 2021.
Import of Non-Alloy Steel U-Section in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 0.4 | 1.6 | 1.6 | 9.9 | 191.4% |
Ukraine | 73.1 | 58.5 | 61.6 | 2.7 | -66.7% |
Estonia | N/A | N/A | N/A | 1.6 | 0% |
Poland | 1.1 | 2.7 | 1.0 | 0.3 | -35.2% |
China | 0.6 | 0.2 | 0.1 | 0.3 | -20.6% |
Others | 4.1 | 5.1 | 2.8 | 2.5 | -15.2% |
Total | 79.4 | 68.1 | 67.2 | 17.3 | -39.8% |
Top Suppliers of Non-Alloy Steel U-Section to Russia in 2022:
- Kazakhstan (8.3K tons)
- Ukraine (2.7K tons)
- Estonia (1.3K tons)
- China (0.3K tons)
- Poland (0.2K tons)
This report provides an in-depth analysis of the non-alloy steel u-section market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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