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

Contents:

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

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

The average import price for safety pins and other pins; of iron or steels stood at $1,461 per ton in 2022, shrinking by -23.3% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 50%. The import price peaked at $1,904 per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($19,029 per ton), while the price for China stood at $1,328 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+48.6%).

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

The average export price for safety pins and other pins; of iron or steels stood at $1,046,800 per ton in 2022, standing approx. at the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2015 an increase of 1,791% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,220,000 per ton), while the average price for exports to Malta totaled $3,500 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-24.0%).

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

In 2022, the amount of safety pins and other pins; of iron or steels imported into Uzbekistan surged to 51 tons, increasing by 105% on 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $74K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.026.227.266.744.7%
South Korea7.212.220.06.6-2.9%
OthersN/AN/AN/A1.00%
Total29.238.547.374.436.6%

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

  1. China (50.2 tons)
  2. South Korea (0.3 tons)

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

Exports of safety pins and other pins; of iron or steels from Uzbekistan totaled 5 kg in 2022, remaining constant against 2021 figures. Over the period under review, exports saw a abrupt descent. The smallest decline of 99.9% was in 2021.

In value terms, exports of safety pins and other pins; of iron or steels amounted to $5.2K in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 11%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Safety Pins and Other Pins; of Iron or Steel in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A5.20%
MaltaN/AN/AN/AN/A0%
North Macedonia0.10.1N/AN/A0.0%
OthersN/AN/AN/AN/A0%
Total0.10.1N/A5.2273.3%

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

  1. Malta (4.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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