Price for Steel, Stainless; Angles, Shapes and Sections in Uzbekistan - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan
- Exports of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan
Price for Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $1,055 per ton, falling by -81.8% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 210% against the previous year. As a result, import price reached the peak level of $5,782 per ton, and then contracted 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 Turkey ($4,701 per ton), while the price for China ($727 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+25.9%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $868 per ton, falling by -87.4% against the previous year. Over the period under review, the export price faced a sharp downturn. The export price peaked at $6,872 per ton in 2021, and then contracted sharply 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 ($853 per ton), while the average price for exports to Kyrgyzstan amounted to $836 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-87.5%).
Imports of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan
In 2022, the amount of steel, stainless imported into Uzbekistan dropped modestly to 376 tons, standing approx. at 2021. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 498%. As a result, imports reached the peak of 381 tons, and then shrank modestly in the following year.
In value terms, imports of steel, stainless rose markedly to $397K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 76.0 | 37.0 | 258 | 256 | 49.9% |
| Turkey | 12.3 | 9.8 | 61.9 | 77.8 | 84.9% |
| Others | 20.4 | 70.8 | 35.0 | 63.0 | 45.6% |
| Total | 109 | 118 | 355 | 397 | 53.9% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Uzbekistan in 2022:
- China (352.7 tons)
- Turkey (16.6 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan
In 2022, the amount of steel, stainless exported from Uzbekistan soared to 21 tons, jumping by 1,292% compared with 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless soared to $18K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Angles, Shapes and Sections in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Kazakhstan | 0.7 | 16.8 | 2300.0% | ||
| Kyrgyzstan | 9.8 | 1.3 | -86.7% | ||
| Others | N/A | N/A | 0% | ||
| Total | 10.5 | 18.1 | 72.4% | ||
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Uzbekistan in 2022:
- Kazakhstan (19.7 tons)
- Kyrgyzstan (1.5 tons)
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