Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $860 per ton, dropping by -2.7% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -20.1% against 2017 indices. The growth pace was the most rapid in 2017 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $1,077 per ton. From 2018 to 2022, the average 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 Russia ($3,652 per ton), while the price for China totaled $833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.5%).
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1,483 per ton, with an increase of 14% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +67.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18%. The export price peaked in 2022 and is likely to continue growth in the near future.
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 +4.6% per year.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan
In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Kazakhstan soared to 919 tons, jumping by 1,165% on the previous year. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia skyrocketed to $790K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.7 | 199 | 53.2 | 758 | 134.6% |
| Russia | 44.7 | 119 | 7.0 | 31.2 | -11.3% |
| Others | 23.1 | 211 | 4.0 | 1.3 | -61.7% |
| Total | 127 | 529 | 64.2 | 790 | 83.9% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Kazakhstan in 2022:
- China (910.1 tons)
- Russia (8.5 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia exported from Kazakhstan expanded to 310 tons, increasing by 2.5% compared with the previous year. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 122%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $460K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 129%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 115 | 307 | 380 | 458 | 58.5% |
| Kyrgyzstan | 25.8 | 17.2 | 12.4 | N/A | -30.7% |
| Others | N/A | N/A | N/A | 1.4 | 0% |
| Total | 141 | 324 | 392 | 460 | 48.3% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Kazakhstan in 2022:
- Russia (309.9 tons)
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