Price for Steel, Alloy; Ingots and Other Primary Forms in Russia - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Russia (FOB) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Russia (CIF) - 2022
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Russia
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Russia
Price for Steel, Alloy; Ingots and Other Primary Forms in Russia (FOB) - 2022
The average export price for steel, alloy; ingots and other primary formses stood at $1,993 per ton in 2022, jumping by 31% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77% against the previous year. The export price peaked at $2,308 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,295 per ton), while the average price for exports to China ($963 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 Estonia (+110.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Ingots and Other Primary Forms in Russia (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $3,472 per ton in 2022, picking up by 17% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 259%. Over the period under review, average import prices attained the peak figure at $6,734 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the Netherlands ($7,653 per ton), while the price for Germany ($1,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Ingots and Other Primary Forms in Russia
After two years of decline, overseas shipments of steel, alloy; ingots and other primary formses increased by 192% to 907 tons in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease.
In value terms, exports of steel, alloy; ingots and other primary formses surged to $1.8M in 2022. In general, exports, however, recorded a precipitous decrease.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,696 | 111 | N/A | 792 | -22.4% |
| China | 7.7 | 3.5 | 58.6 | 551 | 315.2% |
| Estonia | 14.3 | N/A | N/A | 167 | 126.9% |
| Poland | N/A | N/A | N/A | 134 | 0% |
| Kazakhstan | 41.4 | 70.6 | 41.0 | 60.6 | 13.5% |
| Belarus | 125 | 11.7 | 33.1 | 54.8 | -24.0% |
| Lithuania | 4,753 | 1,762 | 342 | 38.4 | -79.9% |
| Spain | 862 | N/A | N/A | N/A | 0% |
| Others | 13.8 | 129 | 0.3 | 11.6 | -5.6% |
| Total | 7,512 | 2,088 | 475 | 1,808 | -37.8% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Russia in 2022:
- China (571.9 tons)
- Germany (180.8 tons)
- Estonia (75.4 tons)
- Belarus (22.9 tons)
- Lithuania (19.3 tons)
- Poland (18.8 tons)
- Kazakhstan (16.6 tons)
Imports of Steel, Alloy; Ingots and Other Primary Forms in Russia
In 2022, the amount of steel, alloy; ingots and other primary formses imported into Russia shrank rapidly to 42 tons, reducing by -88.6% compared with the year before. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 285% against the previous year. As a result, imports attained the peak of 367 tons, and then fell dramatically in the following year.
In value terms, imports of steel, alloy; ingots and other primary formses dropped dramatically to $145K in 2022. In general, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 215% against the previous year. As a result, imports attained the peak of $1.1M, and then contracted rapidly in the following year.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 138 | 80.1 | 153 | 57.2 | -25.4% |
| Germany | 266 | 209 | 252 | 54.0 | -41.2% |
| Turkey | N/A | N/A | N/A | 33.6 | 0% |
| Ukraine | N/A | N/A | 665 | N/A | 0% |
| Others | 111 | 56.0 | 14.7 | N/A | -63.6% |
| Total | 515 | 345 | 1,085 | 145 | -34.5% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Russia in 2022:
- Germany (27.6 tons)
- Netherlands (7.5 tons)
- Turkey (6.6 tons)
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