Russian Federation: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in the Russian Federation

The Russian stainless steel angle market fell slightly to $X in 2021, which is down by -2.9% against the previous year. In general, consumption recorded a slight curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Stainless Steel Angle Production in the Russian Federation

In value terms, stainless steel angle production stood at $X in 2021 estimated in export price. In general, production, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Stainless steel angle production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Stainless Steel Angle Exports

Exports from the Russian Federation

Stainless steel angle exports from Russia soared to X tons in 2021, increasing by 137% compared with the previous year. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 266%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, stainless steel angle exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 351%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons), Taiwan (Chinese) (X tons) and Belarus (X tons) were the main destinations of stainless steel angle exports from Russia, together accounting for 74% of total exports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +115.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Russia, comprising 42% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 19% share of total exports. It was followed by Belarus, with an 18% share.

From 2012 to 2021, the average annual growth rate of value to Taiwan (Chinese) stood at +103.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+0.1% per year) and Belarus (-6.7% per year).

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2021, dropping by -30.9% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 23%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-3.0%), while the prices for the other major destinations experienced a decline.

Stainless Steel Angle Imports

Imports into the Russian Federation

In 2021, purchases abroad of angles, shapes and sections of stainless steel or other alloy steel decreased by -20.4% to X tons, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 34%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, stainless steel angle imports totaled $X in 2021. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 42%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Ukraine (X tons) and India (X tons) were the main suppliers of stainless steel angle imports to Russia, with a combined 77% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +53.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle suppliers to Russia were Italy ($X), India ($X) and Ukraine ($X), with a combined 57% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +30.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stainless steel angle import price stood at $X per ton in 2021, growing by 33% against the previous year. In general, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :