Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan - 2023

Contents:

  1. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (CIF) - 2022
  2. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (FOB) - 2022
  3. Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan
  4. Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $162 per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. The import price peaked at $201 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kyrgyzstan ($163 per ton), while the price for Kazakhstan stood at $89 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (-3.4%).

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $161 per ton, standing approx. at the previous year. Over the period under review, the export price showed perceptible growth. The pace of growth was the most pronounced in 2019 a decrease of -0.9%. The export price peaked at $1,846 per ton in 2017; however, from 2018 to 2022, 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 Tajikistan ($198 per ton), while the average price for exports to Kyrgyzstan stood at $132 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+0.3%).

Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan

In 2022, approx. 255 tons of ferrous waste and scrap; of alloy steel (excluding stainless)s were imported into Uzbekistan; declining by -68.7% on the previous year's figure. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 1,013%. As a result, imports attained the peak of 815 tons, and then shrank remarkably in the following year.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined significantly to $41K in 2022. Overall, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,179%. As a result, imports reached the peak of $117K, and then shrank markedly in the following year.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan85.18.811340.9-21.7%
Kazakhstan3.20.33.20.3-54.6%
OthersN/AN/AN/AN/A0%
Total88.39.111741.3-22.4%

Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Uzbekistan in 2022:

  1. Kyrgyzstan (251.1 tons)
  2. Kazakhstan (3.8 tons)

Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan

For the third year in a row, Uzbekistan recorded decline in overseas shipments of ferrous waste and scrap; of alloy steel (excluding stainless)s, which decreased by 0% to 51 tons in 2022. Overall, exports continue to indicate a strong expansion. The smallest decline of -51.2% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $8.3K in 2022. In general, exports recorded a dramatic slump. The smallest decline of -75.6% was in 2020.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TajikistanN/AN/AN/A4.60%
Kyrgyzstan3.83.2N/A3.7-0.9%
GermanyN/A11.9N/AN/A0%
Latvia57.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total61.515.0N/A8.3-48.7%

Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Uzbekistan in 2022:

  1. Kyrgyzstan (28.4 tons)
  2. Tajikistan (23.1 tons)

Source: IndexBox Market Intelligence Platform

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