Price for Wire of Other Alloy Steel in Kazakhstan - 2022
Contents:
- Price for Wire of Other Alloy Steel in Kazakhstan (CIF) - 2022
- Price for Wire of Other Alloy Steel in Kazakhstan (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Kazakhstan
- Exports of Wire of Other Alloy Steel in Kazakhstan
Price for Wire of Other Alloy Steel in Kazakhstan (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,497 per ton in 2022, with an increase of 13% against the previous year. In general, the import price, however, showed a mild setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the peak figure at $1,717 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($1,884 per ton) and Russia ($1,704 per ton), while the price for China ($1,324 per ton) and Ukraine ($1,636 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wire of Other Alloy Steel in Kazakhstan (FOB) - 2022
The average export price for wire of other alloy steels stood at $1,071 per ton in 2022, increasing by 5.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 20%. The export price peaked at $1,074 per ton in 2012; afterwards, it flattened through to 2022.
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 Uzbekistan ($2,264 per ton), while the average price for exports to Russia ($983 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 Uzbekistan (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wire of Other Alloy Steel in Kazakhstan
In 2022, supplies from abroad of wire of other alloy steels was finally on the rise to reach 5.5K tons after two years of decline. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel imports skyrocketed to $8.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wire of Other Alloy Steel in Kazakhstan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.0 | 3.5 | 3.0 | 4.7 | 16.1% |
Russia | 0.9 | 0.9 | 1.0 | 1.7 | 23.6% |
Ukraine | N/A | N/A | 0.2 | 0.6 | 200.0% |
Belarus | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
Czech Republic | N/A | N/A | N/A | 0.3 | 0% |
Turkey | 0.8 | N/A | 0.1 | 0.1 | -50.0% |
Others | 1.2 | 0.2 | 0.2 | 0.5 | -25.3% |
Total | 6.2 | 4.8 | 5.1 | 8.2 | 9.8% |
Top Suppliers of Wire of Other Alloy Steel to Kazakhstan in 2022:
- China (3588.3 tons)
- Russia (981.4 tons)
- Ukraine (357.6 tons)
- Czech Republic (175.0 tons)
- Belarus (166.4 tons)
- Turkey (41.4 tons)
Exports of Wire of Other Alloy Steel in Kazakhstan
In 2022, approx. 493 tons of wire of other alloy steels were exported from Kazakhstan; jumping by 417% on 2021. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel exports soared to $528K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wire of Other Alloy Steel in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 51.8 | 61.6 | 56.4 | 405 | 98.5% |
Kyrgyzstan | N/A | 0.4 | 2.7 | 107 | 1535.5% |
Uzbekistan | 29.6 | N/A | 11.5 | 12.9 | -24.2% |
Tajikistan | 1.3 | 29.0 | 26.7 | N/A | 353.2% |
Others | 0.4 | N/A | N/A | 3.7 | 109.9% |
Total | 83.0 | 90.9 | 97.2 | 528 | 85.3% |
Top Export Markets for Wire of Other Alloy Steel from Kazakhstan in 2022:
- Russia (412.0 tons)
- Kyrgyzstan (74.3 tons)
- Uzbekistan (5.7 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Kazakhstan.
This report provides an in-depth analysis of the market for iron and steel wire in Kazakhstan.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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