Report Update Nov 1, 2024

Russian Federation - Stainless Steel Seamless Pipe for Oil and Gas - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in the Russian Federation

The Russian stainless steel seamless pipe market shrank to $X in 2022, dropping by X% against the previous year. In general, consumption saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Stainless Steel Seamless Pipe For Oil And Gas in the Russian Federation

In value terms, stainless steel seamless pipe production dropped to $X in 2022 estimated in export price. In general, production showed a noticeable decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from the Russian Federation

Stainless steel seamless pipe exports from Russia dropped sharply to X tons in 2022, shrinking by X% against the previous year's figure. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, stainless steel seamless pipe exports contracted remarkably to $X in 2022. Over the period under review, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for stainless steel seamless pipe exports from Russia, with a X% share of total exports. Moreover, stainless steel seamless pipe exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at X%.

In value terms, Kazakhstan ($X) remains the key foreign market for stainless steel seamless pipe for oil and gas exports from Russia, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to X%.

Export Prices by Country

The average stainless steel seamless pipe export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%).

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into the Russian Federation

In 2022, the amount of stainless steel seamless pipe for oil and gas imported into Russia dropped dramatically to X tons, which is down by X% compared with the previous year. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest stainless steel seamless pipe supplier to Russia, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Russia, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average stainless steel seamless pipe import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price posted a strong expansion. As a result, import price reached 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 China ($X per ton), while the price for Belarus amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for stainless steel seamless pipe for oil and gas in the world?

Russia remains the largest stainless steel seamless pipe consuming country worldwide, accounting for 57% of total volume. Moreover, stainless steel seamless pipe consumption in Russia exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was occupied by Japan, with a 5% share.

What are the largest producers of stainless steel seamless pipe for oil and gas in the world?

Russia constituted the country with the largest volume of stainless steel seamless pipe production, comprising approx. 60% of total volume. Moreover, stainless steel seamless pipe production in Russia exceeded the figures recorded by the second-largest producer, China, sixfold. Japan ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of stainless steel seamless pipe for oil and gas to the Russian Federation?

In value terms, Kazakhstan constituted the largest supplier of stainless steel seamless pipe to Russia, comprising 71% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports.

What are the leading importers of stainless steel seamless pipe for oil and gas from the Russian Federation?

In value terms, Belarus, Kazakhstan and Uzbekistan constituted the largest markets for stainless steel seamless pipe exported from Russia worldwide, with a combined 89% share of total exports.

What is the average export price for stainless steel seamless pipe for oil and gas in the Russian Federation?

In 2020, the average stainless steel seamless pipe export price amounted to $3,607 per ton, surging by 20% against the previous year.

What is the average import price for stainless steel seamless pipe for oil and gas in the Russian Federation?

In 2020, the average stainless steel seamless pipe import price amounted to $321 per ton, declining by -91.6% against the previous year.

This report provides an in-depth analysis of the market for stainless steel seamless pipe 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 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless 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:

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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
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How to increase your profit margins
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023