Price for Steel, Stainless; Angles, Shapes and Sections in Kazakhstan - 2022

Contents:

  1. Price for Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (CIF) - 2022
  2. Price for Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (FOB) - 2022
  3. Imports of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan
  4. Exports of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan

Price for Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (CIF) - 2022

The average import price for steel, stainless stood at $3,840 per ton in 2022, jumping by 33% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,452 per ton), while the price for Russia ($2,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+92.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (FOB) - 2022

The average export price for steel, stainless stood at $1,256 per ton in 2022, reducing by -13.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 197% against the previous year. As a result, the export price reached the peak level of $2,967 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($50,882 per ton), while the average price for exports to Tajikistan ($827 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+97.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan

For the third year in a row, Kazakhstan recorded decline in supplies from abroad of steel, stainless, which decreased by -2.9% to 216 tons in 2022. In general, imports showed a abrupt decrease.

In value terms, imports of steel, stainless skyrocketed to $811K in 2022. Over the period under review, imports continue to indicate a perceptible decrease.

Import of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia27063152045418.9%
Spain0.313359.882.8551.1%
China22.91.820.681.152.4%
Turkey42426.816.447.4-51.8%
Italy10629.61.644.8-25.0%
UzbekistanN/AN/A0.741.65842.9%
Others43.530.313.858.810.6%
Total866853632811-2.2%

Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Kazakhstan in 2022:

  1. Russia (182.6 tons)
  2. China (10.0 tons)
  3. Spain (7.4 tons)
  4. Uzbekistan (5.2 tons)
  5. Turkey (5.1 tons)
  6. Italy (3.3 tons)

Exports of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan

In 2022, exports of steel, stainless from Kazakhstan stood at 46 tons, with an increase of 2.9% compared with the previous year's figure. Overall, exports, however, faced a drastic downturn.

In value terms, exports of steel, stainless contracted to $58K in 2022. In general, exports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.

Export of Steel, Stainless; Angles, Shapes and Sections in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan9.152.153.534.455.8%
UzbekistanN/AN/A0.119.519400.0%
Kyrgyzstan1110.26.91.7-75.2%
OthersN/AN/A4.92.7-44.9%
Total12052.365.358.3-21.4%

Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Kazakhstan in 2022:

  1. Tajikistan (41.6 tons)
  2. Uzbekistan (4.3 tons)
  3. Kyrgyzstan (0.4 tons)

Source: IndexBox Market Intelligence Platform

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