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

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Uzbekistan (CIF) - 2022
2. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Uzbekistan

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

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $7,103 per ton in 2022, surging by 22% against the previous year. Over the period under review, import price indicated a resilient expansion from 2017 to 2022: its price increased at an average annual rate of +8.4% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -15.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $8,414 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 South Korea ($10,713 per ton), while the price for Iran ($1,586 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Uzbekistan fell remarkably to 173 tons, reducing by -32% on the year before. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 216% against the previous year. As a result, imports reached the peak of 254 tons, and then declined significantly in the following year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira shrank remarkably to $1.2M in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 119% against the previous year. As a result, imports reached the peak of $1.5M, and then reduced remarkably in the following year.

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

1. China (71.3 tons)
2. Turkey (53.0 tons)
3. United Arab Emirates (20.6 tons)
4. South Korea (14.9 tons)
5. Iran (5.9 tons)
6. Russia (2.4 tons)

Source: IndexBox Market Intelligence Platform