Price for Chain and Parts Thereof, of Iron or Steel in Uzbekistan - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Uzbekistan (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Uzbekistan (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Uzbekistan
- Exports of Chain and Parts Thereof, of Iron or Steel in Uzbekistan
Price for Chain and Parts Thereof, of Iron or Steel in Uzbekistan (CIF) - 2022
In 2022, the average import price for chain and parts thereof, of iron or steel amounted to $3,474 per ton, which is down by -57.6% against the previous year. In general, the import price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2021 an increase of 190% against the previous year. As a result, import price reached the peak level of $8,190 per ton, and then contracted sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($18,206 per ton), while the price for Latvia ($854 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Uzbekistan (FOB) - 2022
In 2022, the average export price for chain and parts thereof, of iron or steel amounted to $12,645 per ton, increasing by 15% against the previous year. Over the period under review, the export price showed a significant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 902%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($56,926 per ton), while the average price for exports to Tajikistan ($3,112 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+373.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Uzbekistan
In 2022, approx. 1.3K tons of chain and parts thereof, of iron or steel were imported into Uzbekistan; increasing by 52% against 2021 figures. In general, imports saw a relatively flat trend pattern.
In value terms, imports of chain and parts thereof, of iron or steel skyrocketed to $5.8M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Chain and Parts Thereof, of Iron or Steel in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,310 | 1,825 | 1,352 | 2,412 | 22.6% |
South Korea | 1,385 | 1,362 | 1,082 | 2,033 | 13.6% |
United Arab Emirates | 0.2 | N/A | 103 | 550 | 1301.0% |
Latvia | 61.7 | 38.3 | 28.2 | 30.8 | -20.7% |
Russia | 589 | 759 | 641 | N/A | 4.3% |
Others | 493 | 561 | 414 | 798 | 17.4% |
Total | 3,839 | 4,546 | 3,621 | 5,824 | 14.9% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Uzbekistan in 2022:
- China (1066.7 tons)
- South Korea (111.7 tons)
- United Arab Emirates (52.2 tons)
- Latvia (36.1 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Uzbekistan
In 2022, the amount of chain and parts thereof, of iron or steel exported from Uzbekistan skyrocketed to 19 tons, growing by 474% compared with the year before. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 935% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of chain and parts thereof, of iron or steel soared to $256K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,444%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
Export of Chain and Parts Thereof, of Iron or Steel in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | 28.7 | 180 | 527.2% |
Tajikistan | N/A | 35.5 | 2.2 | 47.9 | 16.2% |
Kazakhstan | N/A | 4.9 | 1.4 | 14.9 | 74.4% |
Russia | 3.0 | N/A | N/A | N/A | 0% |
Others | N/A | 6.4 | 4.3 | 12.8 | 41.4% |
Total | 3.0 | 46.9 | 36.6 | 256 | 340.3% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Uzbekistan in 2022:
- Tajikistan (15.4 tons)
- China (3.2 tons)
- Kazakhstan (0.3 tons)
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