Russian Federation: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in the Russian Federation

The Russian market for tube or pipe fittings (of iron or steel) declined to $X in 2022, falling by -6.6% against the previous year. In general, consumption, however, saw a pronounced descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Tube Or Pipe Fittings (Of Iron Or Steel) in the Russian Federation

In value terms, iron or steel tube fitting production dropped to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 36% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from the Russian Federation

In 2022, shipments abroad of tube or pipe fittings (of iron or steel) was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel tube fitting exports expanded slightly to $X in 2022. Overall, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Uzbekistan (X tons) were the main destinations of iron or steel tube fitting exports from Russia, together comprising 81% of total exports. Ukraine, Mexico, Azerbaijan, the Czech Republic and Turkmenistan lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +112.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel tube fitting exported from Russia were Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X), together comprising 68% of total exports. Ukraine, Azerbaijan, Mexico, the Czech Republic and Turkmenistan lagged somewhat behind, together accounting for a further 5.4%.

Mexico, with a CAGR of +41.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for tube or pipe fittings (of iron or steel) amounted to $X per ton, reducing by -20.7% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 10%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Mexico ($X 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 the Czech Republic (+35.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into the Russian Federation

After two years of decline, purchases abroad of tube or pipe fittings (of iron or steel) increased by 3% to X tons in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 45% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, iron or steel tube fitting imports reduced slightly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of iron or steel tube fitting to Russia, accounting for a 73% share of total imports. Moreover, iron or steel tube fitting imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), fivefold. The third position in this ranking was held by Turkey (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+11.4% per year) and Turkey (+6.9% per year).

In value terms, China ($X) constituted the largest supplier of tube or pipe fittings (of iron or steel) to Russia, comprising 50% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.7% per year) and Italy (-1.8% per year).

Import Prices by Country

In 2022, the average import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, dropping by -5.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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