Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan - 2022

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (CIF) - 2022
  2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (FOB) - 2022
  3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan
  4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $578 per ton, which is down by -17.5% against the previous year. Over the period under review, the import price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60% against the previous year. As a result, import price attained the peak level of $700 per ton, and then fell rapidly in the following year.

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 Italy ($1,502 per ton), while the price for Russia ($522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced a decline.

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $633 per ton, with a decrease of -30.8% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices attained the maximum at $2,025 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -10.1% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

In 2022, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -6.4% to 18K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses shrank rapidly to $10M in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. As a result, imports attained the peak of $13M, and then shrank sharply in the following year.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.16.712.58.712.6%
ItalyN/A0.10.30.9200.0%
China0.10.10.20.344.2%
Others0.10.30.30.344.2%
Total6.27.213.210.218.1%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Kazakhstan in 2022:

  1. Russia (16.7K tons)
  2. Italy (0.6K tons)
  3. China (0.3K tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan

In 2022, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were finally on the rise to reach 80 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic curtailment.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $51K in 2022. In general, exports, however, showed a precipitous decline.

Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan38.450.950.550.79.7%
Kyrgyzstan70.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10950.950.550.7-22.5%

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Kazakhstan in 2022:

  1. Uzbekistan (80.1 tons)

Source: IndexBox Market Intelligence Platform

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