Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan (CIF) - 2023
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan (CIF) - 2023

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,181 per ton in November 2023, with an increase of 8.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 70% m-o-m. The import price peaked at $1,535 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,840 per ton), while the price for China ($526 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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,139 per ton in 2022, dropping by -21.3% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2021 an increase of 116% against the previous year. As a result, the export price attained the peak level of $1,448 per ton, and then fell notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($1,541 per ton), while the average price for exports to Turkmenistan ($968 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 Kyrgyzstan (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan

In 2022, imports of iron or non-alloy steel wire, plated or coated with zincs into Uzbekistan rose notably to 2.5K tons, picking up by 11% against the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs skyrocketed to $4.4M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5835345911,30230.7%
Russia1,3229081,251968-9.9%
Turkey21.7148333741224.4%
South Korea30.1139474550163.4%
Kazakhstan14614918137737.2%
India10.431.011.7155146.1%
Others74.061.311730159.6%
Total2,1871,9712,9584,39426.2%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Uzbekistan in 2022:

  1. China (1226.3 tons)
  2. Russia (398.1 tons)
  3. Turkey (380.3 tons)
  4. Kazakhstan (205.3 tons)
  5. South Korea (116.7 tons)
  6. India (66.8 tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uzbekistan

In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from Uzbekistan soared to 520 tons, jumping by 1,312% on 2021. Overall, exports enjoyed a significant expansion. 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, plated or coated with zincs skyrocketed to $592K in 2022. In general, exports showed significant growth. 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, Plated or Coated with Zinc in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Tajikistan51.441.220599.7%
PolandN/AN/A1730%
KazakhstanN/AN/A1040%
GeorgiaN/AN/A61.10%
Turkmenistan40.72.325.7-20.5%
Kyrgyzstan29.29.823.0-11.2%
Afghanistan109N/AN/A0%
Others8.4N/A0.7-71.1%
Total23953.359257.4%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Uzbekistan in 2022:

  1. Tajikistan (195.3 tons)
  2. Poland (138.4 tons)
  3. Kazakhstan (103.0 tons)
  4. Georgia (39.6 tons)
  5. Turkmenistan (26.6 tons)
  6. Kyrgyzstan (16.9 tons)

Source: IndexBox Market Intelligence Platform

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