Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan - 2024

Contents:

  1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan
  4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,914 per ton in 2022, surging by 23% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 213%. As a result, import price reached the peak level of $13,940 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 the United States ($52,658 per ton), while the price for China ($3,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,907 per ton, declining by -79.2% against the previous year. Over the period under review, the export price, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 699%. As a result, the export price reached the peak level of $33,197 per ton, and then dropped rapidly 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 Kyrgyzstan ($65,230 per ton), while the average price for exports to the Netherlands ($2,330 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 Saudi Arabia (+748.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Kazakhstan declined slightly to 566 tons, which is down by -1.7% on the year before. Overall, imports saw a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $3.9M in 2022. Over the period under review, imports saw a dramatic downturn.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8641,0681,8371,66924.5%
United States3,6071,016287651-43.5%
China943417373523-17.8%
Poland58.258.312716842.4%
Ukraine1941.1124136-11.2%
India10.38.92.4133134.6%
Turkey28.116.127.157.226.7%
South Korea1695.633.16.7-65.9%
Others2,374227416569-37.9%
Total8,2482,8183,2283,913-22.0%

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Kazakhstan in 2022:

  1. Russia (287.0 tons)
  2. China (151.0 tons)
  3. Ukraine (35.9 tons)
  4. Poland (16.7 tons)
  5. India (12.9 tons)
  6. United States (12.4 tons)
  7. Turkey (9.1 tons)
  8. South Korea (1.3 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira, which increased by 687% to 45 tons in 2022. In general, exports continue to indicate 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 steel cast fittings, other than of non-malleable cast ira soared to $311K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 735% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13.921.322.4164127.7%
Netherlands0.1N/AN/A68.1779.8%
Kyrgyzstan0.40.10.159.8430.7%
ArmeniaN/AN/AN/A10.70%
SpainN/AN/A163N/A0%
Others5.21.34.88.718.7%
Total19.622.8190311151.3%

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Kazakhstan in 2022:

  1. Netherlands (29.2 tons)
  2. Russia (12.8 tons)
  3. Armenia (1.7 tons)
  4. Kyrgyzstan (0.9 tons)

Source: IndexBox Market Intelligence Platform

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