Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan - 2022

Contents:

1. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (CIF) - 2022
2. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (FOB) - 2022
3. Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan
4. Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (CIF) - 2022

The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $586 per ton in 2022, reducing by -17.2% against the previous year. In general, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 57%. As a result, import price attained the peak level of $708 per ton, and then declined significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($728 per ton), while the price for Russia stood at $587 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.2%).

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (FOB) - 2022

The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $512 per ton in 2022, declining by -35% against the previous year. In general, the export price showed a mild slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $787 per ton, and then shrank significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($4,280 per ton), while the average price for exports to Russia ($419 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 Tajikistan (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

After three years of growth, purchases abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses decreased by -4.8% to 99K tons in 2022. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 104K tons, and then contracted in the following year.

In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted significantly to $58M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports reached the peak of $73M, and then fell dramatically in the following year.

Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Kazakhstan in 2022:

1. Russia (96.8K tons)
2. China (0.4K tons)

Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

In 2022, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses from Kazakhstan surged to 3.1K tons, growing by 210% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 226% against the previous year. As a result, the exports reached the peak of 5.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses soared to $1.6M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Kazakhstan in 2022:

1. Afghanistan (2151.7 tons)
2. Uzbekistan (531.0 tons)
3. Kyrgyzstan (250.5 tons)
4. Russia (139.5 tons)

Source: IndexBox Market Intelligence Platform