Price for Iron or Steel; Cast Articles in Kazakhstan - 2021

Contents:

  1. Price for Iron or Steel; Cast Articles in Kazakhstan (FOB) - 2022
  2. Price for Iron or Steel; Cast Articles in Kazakhstan (CIF) - 2022
  3. Exports of Iron or Steel; Cast Articles in Kazakhstan
  4. Imports of Iron or Steel; Cast Articles in Kazakhstan

Price for Iron or Steel; Cast Articles in Kazakhstan (FOB) - 2022

In 2022, the average export price for iron or steel; cast articleses amounted to $493 per ton, dropping by -12% against the previous year. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs at $704 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Kyrgyzstan ($2,383 per ton), while the average price for exports to Russia amounted to $362 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+10.6%).

Price for Iron or Steel; Cast Articles in Kazakhstan (CIF) - 2022

In 2022, the average import price for iron or steel; cast articleses amounted to $3,489 per ton, rising by 34% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 58%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Italy ($13,632 per ton), while the price for Belarus ($878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel; Cast Articles in Kazakhstan

Iron or steel; cast articles exports from Kazakhstan soared to 50K tons in 2022, surging by 42% compared with 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel; cast articles exports skyrocketed to $25M in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Iron or Steel; Cast Articles in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.09.613.217.216.1%
Kyrgyzstan0.20.10.45.6203.7%
Others0.63.36.21.946.8%
Total11.812.919.724.727.9%

Top Export Markets for Iron or Steel; Cast Articles from Kazakhstan in 2022:

  1. Russia (47.5K tons)
  2. Kyrgyzstan (2.4K tons)

Imports of Iron or Steel; Cast Articles in Kazakhstan

After two years of decline, supplies from abroad of iron or steel; cast articleses increased by 157% to 11K tons in 2022. Over the period under review, imports showed a pronounced increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel; cast articles imports surged to $40M in 2022. In general, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel; Cast Articles in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.35.94.311.215.3%
China2.72.91.56.231.9%
Italy0.60.60.35.3106.7%
India1.21.61.03.846.8%
Germany2.70.70.52.1-8.0%
Kyrgyzstan0.30.1N/A1.049.4%
Turkey0.60.50.50.810.1%
Ukraine1.71.40.30.1-61.1%
Thailand1.2N/A0.3N/A-50.0%
Others6.84.92.79.09.8%
Total25.018.611.539.616.6%

Top Suppliers of Iron or Steel; Cast Articles to Kazakhstan in 2022:

  1. Thailand (undefinedK tons)
  2. Russia (6.1K tons)
  3. India (1.1K tons)
  4. China (1.1K tons)
  5. Kyrgyzstan (1.0K tons)
  6. Turkey (0.4K tons)
  7. Italy (0.4K tons)
  8. Germany (0.3K tons)
  9. Ukraine (0.1K tons)

Source: IndexBox Market Intelligence Platform

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