Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (CIF) - 2023
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (CIF) - 2023
In May 2023, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $592 per ton, waning by -3% against the previous month. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in April 2023 an increase of 4.2% m-o-m. Over the period under review, average import prices attained the peak figure at $716 per ton in November 2022; however, from December 2022 to May 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Kazakhstan ($639 per ton), while the price for Iran ($480 per ton) was amongst the lowest.
From November 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (FOB) - 2022
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $847 per ton in 2022, increasing by 3.2% against the previous year. Over the period under review, export price indicated noticeable growth from 2017 to 2022: its price increased at an average annual rate of +4.9% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses increased by +88.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 82% against the previous year. The export price peaked at $900 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($889 per ton), while the average price for exports to Kazakhstan ($457 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-13.2%).
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan
In 2022, the amount of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses imported into Uzbekistan shrank to 66K tons, falling by -7.6% against the previous year. In general, imports saw a abrupt decrease.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses fell remarkably to $44M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports attained the peak of $57M, and then declined rapidly in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 3.0 | 0.9 | 7.9 | 39.3 | 135.7% |
| Turkey | 0.1 | N/A | N/A | 2.6 | 196.2% |
| Kazakhstan | 0.6 | 2.4 | 0.8 | 1.3 | 29.4% |
| Russia | 31.9 | 29.6 | 27.7 | N/A | -6.8% |
| Iran | 9.4 | 3.5 | 20.0 | N/A | 45.9% |
| Others | 0.2 | 0.4 | 0.4 | 1.0 | 71.0% |
| Total | 45.2 | 36.9 | 56.9 | 44.1 | -0.8% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Uzbekistan in 2022:
- Tajikistan (62.8K tons)
- Turkey (1.4K tons)
- Kazakhstan (0.9K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan
In 2022, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses from Uzbekistan expanded remarkably to 111 tons, picking up by 8.2% against the previous year. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 202,329%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses rose markedly to $94K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 101,101%. As a result, the exports reached the peak of $638K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 78.5 | 0% |
| Poland | N/A | N/A | N/A | 10.0 | 0% |
| Tajikistan | 0.6 | 638 | N/A | 3.0 | 71.0% |
| Kazakhstan | N/A | N/A | N/A | 2.5 | 0% |
| Italy | N/A | N/A | 84.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.6 | 638 | 84.2 | 94.0 | 439.1% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Uzbekistan in 2022:
- Lithuania (88.3 tons)
- Poland (12.1 tons)
- Kazakhstan (5.5 tons)
- Tajikistan (5.1 tons)
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