Stainless Steel Wire Price in Kazakhstan - 2023
Contents:
- Stainless Steel Wire Price in Kazakhstan (CIF) - 2022
- Stainless Steel Wire Price in Kazakhstan (FOB) - 2022
- Stainless Steel Wire Imports in Kazakhstan
- Stainless Steel Wire Exports in Kazakhstan
Stainless Steel Wire Price in Kazakhstan (CIF) - 2022
In 2022, the average stainless steel wire import price amounted to $2,691 per ton, approximately equating the previous year. In general, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 50%. Over the period under review, average import prices attained the maximum at $3,931 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 France ($13,139 per ton), while the price for China ($1,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Price in Kazakhstan (FOB) - 2022
The average stainless steel wire export price stood at $23,724 per ton in 2022, approximately mirroring the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,727% against the previous year. Over the period under review, the average export prices hit record highs at $36,111 per ton in 2015; however, from 2016 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 Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +32.3% per year.
Stainless Steel Wire Imports in Kazakhstan
In 2022, supplies from abroad of stainless steel wire decreased by 0% to 914 tons, falling for the second year in a row after two years of growth. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 112% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, stainless steel wire imports totaled $2.5M in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Stainless Steel Wire in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.8 | 0.1 | N/A | 642 | 609.2% |
| Russia | 397 | 469 | N/A | 637 | 17.1% |
| China | 22.5 | 46.7 | N/A | 622 | 202.4% |
| United Kingdom | 114 | 180 | N/A | 282 | 35.2% |
| Others | 60.4 | 208 | N/A | 278 | 66.3% |
| Total | 595 | 905 | N/A | 2,461 | 60.5% |
Top Suppliers of Stainless Steel Wire to Kazakhstan in 2022:
- China (612.5 tons)
- Russia (214.6 tons)
- France (48.9 tons)
- United Kingdom (7.9 tons)
Stainless Steel Wire Exports in Kazakhstan
In 2022, the amount of stainless steel wire exported from Kazakhstan stood at 63 tons, leveling off at 2021. In general, exports enjoyed significant growth. The smallest decline of -6.5% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, stainless steel wire exports amounted to $1.5M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 209%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Stainless Steel Wire in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | 0.1 | N/A | 1,483 | 2356.9% |
| Others | 5.9 | 18.5 | N/A | 0.5 | -56.1% |
| Total | 6.0 | 18.6 | N/A | 1,483 | 527.6% |
Top Export Markets for Stainless Steel Wire from Kazakhstan in 2022:
- Russia (62.5 tons)
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