Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (CIF) - 2023
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (FOB) - 2023
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (CIF) - 2023
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $845 per ton in November 2023, increasing by 14% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $847 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($1,070 per ton), while the price for Iran ($476 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Iran (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (FOB) - 2023
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,038 per ton in November 2023, growing by 5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 34% m-o-m. As a result, the export price reached the peak level of $1,048 per ton; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Kazakhstan ($1,049 per ton), while the average price for exports to Tajikistan totaled $641 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan
In 2022, supplies from abroad of iron or non-alloy steel wire, not plated or coateds increased by 25% to 13K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt setback.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds amounted to $12M in 2022. Over the period under review, imports, however, saw a pronounced reduction.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 7.4 | 6.5 | 0.7 | 7.0 | -1.8% |
| China | 1.6 | 1.5 | 1.8 | 4.8 | 44.2% |
| South Korea | N/A | N/A | N/A | 0.3 | 0% |
| Tajikistan | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Russia | 4.9 | 4.4 | 8.4 | N/A | 30.9% |
| Iran | N/A | N/A | 1.3 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 14.2 | 12.5 | 12.4 | 12.4 | -4.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Uzbekistan in 2022:
- Kazakhstan (7.2K tons)
- China (5.2K tons)
- Tajikistan (0.3K tons)
- South Korea (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan
In 2022, exports of iron or non-alloy steel wire, not plated or coateds from Uzbekistan soared to 1.5K tons, with an increase of 634% on the year before. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds soared to $1.5M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 493 | 0% |
| Kazakhstan | 497 | 63.0 | 5.9 | 453 | -3.0% |
| Tajikistan | N/A | N/A | 251 | 306 | 21.9% |
| Poland | N/A | N/A | N/A | 139 | 0% |
| Latvia | N/A | N/A | N/A | 85.4 | 0% |
| Others | N/A | 14.5 | N/A | N/A | 0% |
| Total | 497 | 77.5 | 257 | 1,476 | 43.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Uzbekistan in 2022:
- Kazakhstan (512.7 tons)
- Lithuania (512.4 tons)
- Tajikistan (298.6 tons)
- Poland (123.3 tons)
- Latvia (85.4 tons)
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