Price for Safety Pins and Other Pins; of Iron or Steel in Kazakhstan - 2024

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Kazakhstan (CIF) - 2022
2. Price for Safety Pins and Other Pins; of Iron or Steel in Kazakhstan (FOB) - 2022
3. Imports of Safety Pins and Other Pins; of Iron or Steel in Kazakhstan
4. Exports of Safety Pins and Other Pins; of Iron or Steel in Kazakhstan

Price for Safety Pins and Other Pins; of Iron or Steel in Kazakhstan (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $5,727 per ton, jumping by 76% against the previous year. In general, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($16,850 per ton), while the price for China amounted to $5,385 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.3%).

Price for Safety Pins and Other Pins; of Iron or Steel in Kazakhstan (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $2,529 per ton, reducing by -7.3% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 181% against the previous year. As a result, the export price attained the peak level of $3,444 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +8.4% per year.

Imports of Safety Pins and Other Pins; of Iron or Steel in Kazakhstan

In 2022, imports of safety pins and other pins; of iron or steels into Kazakhstan was estimated at 16 tons, picking up by 6.3% against the previous year. Overall, imports, however, saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 153%.

In value terms, imports of safety pins and other pins; of iron or steels soared to $89K in 2022. In general, imports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Kazakhstan in 2022:

1. China (15.1 tons)
2. Russia (0.4 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Kazakhstan

In 2022, the amount of safety pins and other pins; of iron or steels exported from Kazakhstan dropped markedly to 527 kg, reducing by -64.3% compared with the previous year. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 744% against the previous year. As a result, the exports reached the peak of 1.5 tons, and then reduced remarkably in the following year.

In value terms, exports of safety pins and other pins; of iron or steels reduced rapidly to $1.3K in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 689% against the previous year. As a result, the exports reached the peak of $4K, and then contracted notably in the following year.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Kazakhstan in 2022:

1. Russia (526.0 kg)

Source: IndexBox Market Intelligence Platform