Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (CIF) - 2023
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (CIF) - 2023
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $5,577 per ton in October 2023, flattening at the previous month. In general, the import price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 486% month-to-month. Over the period under review, average import prices attained the maximum at $8,128 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($20,393 per ton), while the price for China ($2,637 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Russia (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $838 per ton, falling by -87.8% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 600%. As a result, the export price attained the peak level of $6,868 per ton, and then fell remarkably in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($840 per ton), while the average price for exports to Kyrgyzstan amounted to $807 per ton.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-87.7%).
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan
After two years of decline, overseas purchases of stainless steel bars and rods, angles, shapes and sectionses increased by 276% to 757 tons in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses soared to $2.5M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 475 | 163 | 261 | 1,589 | 49.6% |
Russia | 171 | 187 | 114 | 715 | 61.1% |
Turkey | 30.1 | 10.1 | 64.3 | 102 | 50.2% |
Italy | 73.1 | 38.8 | 33.7 | 33.0 | -23.3% |
Kazakhstan | 138 | 58.5 | 28.2 | 19.8 | -47.6% |
Ukraine | 131 | 74.5 | 69.7 | 0.1 | -90.9% |
Latvia | 115 | 67.1 | 63.9 | N/A | -25.5% |
Kyrgyzstan | 31.5 | 24.9 | 32.3 | N/A | 1.3% |
Others | 113 | 94.3 | 64.1 | 52.1 | -22.7% |
Total | 1,277 | 718 | 731 | 2,511 | 25.3% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Uzbekistan in 2022:
- China (573.6 tons)
- Russia (148.9 tons)
- Turkey (19.8 tons)
- Kazakhstan (4.6 tons)
- Italy (2.0 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan
For the third consecutive year, Uzbekistan recorded growth in shipments abroad of stainless steel bars and rods, angles, shapes and sectionses, which increased by 1,316% to 22 tons in 2022. Over the period under review, exports showed 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 stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $18K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 4,991%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Kazakhstan | N/A | 0.7 | 16.8 | 2300.0% | |
Kyrgyzstan | N/A | 9.8 | 1.3 | -86.7% | |
Others | 0.2 | N/A | N/A | 0% | |
Total | 0.2 | 10.5 | 18.1 | 851.3% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Uzbekistan in 2022:
- Kazakhstan (20.0 tons)
- Kyrgyzstan (1.6 tons)
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