Market research

Stainless steel wire market in Russia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The stainless steel wire market in Russia opened the period at 17.3 thousand tons in 2018, supported by state-backed investment projects and import substitution initiatives aimed at developing domestic production. However, the market volume gradually declined to 12.9 thousand tons by 2021. The sharpest drop occurred in 2020, when the COVID-19 pandemic disrupted supply chains and logistics, reducing both imports and local output.

Market conditions shifted in 2022 following the introduction of new sanctions, which prompted a search for alternative import sources and stimulated domestic production. Imports of stainless steel wire from non-sanctioned countries expanded, and major Russian companies activated new production lines. As a result, the market grew to 15.6 thousand tons in 2022 and surged to 20.9 thousand tons in 2023, driven by a 30–54% increase in import volumes and modernization of local facilities.

The growth reversed in 2024 as the market fell to 14.1 thousand tons. This contraction was linked to a 29% drop in wire production in early 2024 and lower sales of wire-based construction products such as grids and fences. By 2025, domestic production had decreased further to about 3.0 thousand tons, indicating ongoing adjustments in the industry.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Delta residuals, 2018-2025
    2. 4.1.1.2. Production, 2018-2025
    3. 4.1.1.3. Imports, 2018-2024
    4. 4.1.1.4. Exports, 2018-2024
    5. 4.1.1.5. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Russia, 2018–2026 (2026 — for 1 months)
  1. 5.1.1. Annual dynamics of production Russia in kind, 2018–2026 (2026 — for 1 months), t
  2. 5.1.2. Production by federal districts of Russia, 2018–2026 (2026 — for 1 months), t
  3. 5.1.3. Structure of production by federal districts, 2018–2026 (2026 — for 1 months)
  4. 5.1.4. Dynamics of production structure by federal districts, 2018–2026 (2026 — for 1 months)
  5. 5.1.5. Monthly dynamics of production, 2017-2024, t
2. 5.2. Shipments, 2018–2026 (2026 — for 1 months)
  1. 5.2.1. Annual dynamics of shipments in Russia, 2018–2026 (2026 — for 1 months), t
  2. 5.2.2. Shipments by federal districts of Russia, 2018–2026 (2026 — for 1 months), t
  3. 5.2.3. Structure of shipments by federal districts, 2018–2026 (2026 — for 1 months)
  4. 5.2.4. Dynamics of shipments structure by federal districts, 2018–2026 (2026 — for 1 months)
3. 5.3. Warehouse Residuals, 2018–2026 (2026 — for 1 months)
  1. 5.3.1. Monthly dynamics of warehouse residuals, 2018–2026 (2026 — for 1 months), t
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Russia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Russia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Russia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Russia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Russia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Russia by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Russia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Russia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Russia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Russia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Russia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Russia by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Russia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Russia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Russia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Russia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Russia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Russia by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Russia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Russia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Russia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Russia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Russia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Russia by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production stainless steel wire in Russia

In kind, 2018-2021, t

Russia's stainless steel wire production has been declining for three consecutive years. In 2021, production reached 2,779 tonnes, marking a 43.9% decrease compared to 2020. Over the period from 2018 to 2021, production fell by 69.3%, with an average annual decline of 32.5%.

Annual dynamics of production in Russia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(23.7%)	(28.2%)	(43.9%)	(32.5%)

Source: SHEV.io

Exports stainless steel wire from Russia

Exports in kind, t

After two years of growth, Russia's stainless steel wire exports declined in 2021. Exports totalled 426 tonnes, representing a significant 10.9% drop year-over-year. From 2018 to 2021, exports increased by 102.2%, with an average annual growth rate of 26.5%. The highest export volume was recorded in 2020 at 479 tonnes, while the largest increase occurred in 2019 with a 52.8% rise.

Annual dynamics of product's exports from Russia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	52.8%	48.5%	(10.9%)	26.5%

Source: SHEV.io

Between 2018 and 2021, Belarus, Ukraine, and Kazakhstan were the top destinations for Russia's stainless steel wire exports by volume. Belarus accounted for 36.6% of exports, Ukraine for 24.2%, and Kazakhstan for 13.0%. Together, these three countries made up 73.8% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Russia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2021, Russia's stainless steel wire exports reached $4,906,000, showing a sharp increase of 63.9% compared to 2020. Over the period from 2018 to 2021, export value grew by 129.1%, with an average annual increase of 31.8%. The largest decline was recorded in 2020 at 2.5%.

Annual dynamics of product's exports from Russia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	43.3%	(2.5%)	63.9%	31.8%

Source: SHEV.io

From 2018 to 2021, Belarus, India, and Ukraine were the leading buyers of Russian stainless steel wire by value. Belarus accounted for 24.6% of export value, India for 20.3%, and Ukraine for 15.4%. Collectively, these three countries represented 60.3% of total export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Russia in value, 2018-2021

Source: SHEV.io

Imports stainless steel wire to Russia

Imports in kind, t

Russia imported 10,529 tonnes of stainless steel wire in 2021, reflecting a solid 19.0% increase compared to the previous year. Between 2018 and 2021, imports rose by 24.1%, equating to an average annual growth rate of 7.5%. The largest decline occurred in 2020 at 14.0%, while the largest increase was in 2019 with a 21.3% rise.

Annual dynamics of product's imports to Russia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	21.3%	(14.0%)	19.0%	7.5%

Source: SHEV.io

During the period from 2018 to 2021, India and China were the dominant suppliers of stainless steel wire to Russia by volume. Together, they accounted for 80.2% of total imports, with other partners playing a less significant role.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Russia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

In 2021, Russia's stainless steel wire imports totalled $43,723,000, showing a strong 35.1% increase compared to 2020. Between 2018 and 2021, import value grew by 17.7%, with an average annual rate of 5.6%. The lowest value was recorded in 2020 at $32,364,000, which also saw the largest decline of 15.1%.

Annual dynamics of product's imports to Russia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.6%	(15.1%)	35.1%	5.6%

Source: SHEV.io

From 2018 to 2021, India, China, and Czechia were the largest suppliers of stainless steel wire to Russia by value. India accounted for 48.9% of import value, China for 16.3%, and Czechia for 9.2%. Together, these three countries formed 74.3% of total import value.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Russia in value, 2018-2021

Source: SHEV.io