Price for Iron and Non-Alloy Steel in Ingot in Kazakhstan - 2022
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Kazakhstan (CIF) - 2022
- Price for Iron and Non-Alloy Steel in Ingot in Kazakhstan (FOB) - 2022
- Imports of Iron and Non-Alloy Steel in Ingot in Kazakhstan
- Exports of Iron and Non-Alloy Steel in Ingot in Kazakhstan
Price for Iron and Non-Alloy Steel in Ingot in Kazakhstan (CIF) - 2022
The average import price for iron and non-alloy steel in ingots stood at $1,563 per ton in 2022, growing by 17% against the previous year. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $2,046 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -9.6% per year.
Price for Iron and Non-Alloy Steel in Ingot in Kazakhstan (FOB) - 2022
In 2022, the average export price for iron and non-alloy steel in ingots amounted to $578 per ton, shrinking by -90.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 628%. The export price peaked at $5,834 per ton in 2021, and then declined dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +26.1% per year.
Imports of Iron and Non-Alloy Steel in Ingot in Kazakhstan
In 2022, overseas purchases of iron and non-alloy steel in ingots were finally on the rise to reach 447 tons after two years of decline. Over the period under review, imports, however, saw a precipitous descent.
In value terms, imports of iron and non-alloy steel in ingots soared to $699K in 2022. In general, imports, however, continue to indicate a dramatic decrease.
| Import of Iron and Non-Alloy Steel in Ingot in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,830 | 925 | 81.3 | 228 | -50.1% |
| United States | 144 | 70.6 | 159 | N/A | 5.1% |
| Others | 25.8 | 138 | 25.5 | 471 | 163.3% |
| Total | 2,000 | 1,133 | 266 | 699 | -29.6% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Kazakhstan in 2022:
- Russia (311.0 tons)
Exports of Iron and Non-Alloy Steel in Ingot in Kazakhstan
In 2022, after three years of growth, there was significant decline in overseas shipments of iron and non-alloy steel in ingots, when their volume decreased by -99.8% to 88 tons. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 40K tons, and then dropped notably in the following year.
In value terms, exports of iron and non-alloy steel in ingots fell rapidly to $51K in 2022. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.
| Export of Iron and Non-Alloy Steel in Ingot in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | 0.3 | 0.2 | N/A | 41.4% |
| Iran | 4.3 | 5.9 | 8.1 | N/A | 37.2% |
| France | 156 | 186 | 223 | N/A | 19.6% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 160 | 192 | 231 | 0.1 | -91.5% |
Top Export Markets for Iron and Non-Alloy Steel in Ingot from Kazakhstan in 2022:
- Russia (16.9 tons)
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