Price for Steel, Alloy; Angles, Shapes and Sections in Uzbekistan - 2023
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Uzbekistan (CIF) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Uzbekistan
Price for Steel, Alloy; Angles, Shapes and Sections in Uzbekistan (CIF) - 2022
The average import price for steel, alloy; angles, shapes and sectionses stood at $1,520 per ton in 2022, picking up by 3.5% against the previous year. Overall, import price indicated a buoyant expansion from 2017 to 2022: its price increased at an average annual rate of +7.2% 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 steel, alloy; angles, shapes and sectionses increased by +78.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 46%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 ($2,289 per ton), while the price for China ($1,109 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Angles, Shapes and Sections in Uzbekistan
In 2022, the amount of steel, alloy; angles, shapes and sectionses imported into Uzbekistan fell to 389 tons, with a decrease of -4.9% on the previous year's figure. Overall, imports continue to indicate a sharp slump.
In value terms, imports of steel, alloy; angles, shapes and sectionses fell to $523K in 2022. In general, imports saw a sharp decrease.
| Import of Steel, Alloy; Angles, Shapes and Sections in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 100 | N/A | 422 | 105.4% |
| China | 130 | 389 | 0.7 | 66.1 | -20.2% |
| South Korea | 8.6 | N/A | N/A | 34.7 | 59.2% |
| Russia | 2,113 | 145 | 583 | N/A | -47.5% |
| Others | 16.8 | 99.6 | 17.3 | N/A | 1.5% |
| Total | 2,268 | 733 | 601 | 523 | -38.7% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Uzbekistan in 2022:
- Sweden (314.5 tons)
- China (59.6 tons)
- South Korea (15.1 tons)
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