Central Asia: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Central Asia

The Central Asian stainless steel angle market was estimated at $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Stainless Steel Angle Production in Central Asia

In value terms, stainless steel angle production rose rapidly to $X in 2023 estimated in export price. Overall, production, however, saw a mild contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Stainless Steel Angle Exports

Exports in Central Asia

In 2023, exports of angles, shapes and sections of stainless steel or other alloy steel in Central Asia surged to X tons, rising by X% compared with the previous year's figure. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, stainless steel angle exports surged to $X in 2023. In general, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Kazakhstan (X tons), distantly followed by Uzbekistan (X tons) represented the key exporters of angles, shapes and sections of stainless steel or other alloy steel, together creating X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%).

In value terms, Kazakhstan ($X) remains the largest stainless steel angle supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, stainless steel angle exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price showed a noticeable decrease. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Stainless Steel Angle Imports

Imports in Central Asia

In 2023, supplies from abroad of angles, shapes and sections of stainless steel or other alloy steel increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, stainless steel angle imports dropped to $X in 2023. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then contracted modestly in the following year.

Imports by Country

Kazakhstan represented the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Uzbekistan (X tons), creating a X% share of total imports. Tajikistan (X tons) held a minor share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of angles, shapes and sections of stainless steel or other alloy steel. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. Uzbekistan experienced a relatively flat trend pattern. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported angles, shapes and sections of stainless steel or other alloy steel in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports.

In Kazakhstan, stainless steel angle imports contracted by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; afterwards, it flattened through to 2023.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform