Price for Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan - 2023

Contents:

  1. Price for Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (CIF) - 2023
  2. Price for Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (FOB) - 2022
  3. Imports of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan
  4. Exports of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan

Price for Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (CIF) - 2023

The average import price for steel alloy wire of silico-manganese steels stood at $1,081 per ton in November 2023, picking up by 2.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 21% m-o-m. The import price peaked at $1,443 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($2,476 per ton), while the price for China ($967 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (FOB) - 2022

The average export price for steel alloy wire of silico-manganese steels stood at $2,562 per ton in 2022, approximately reflecting the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2021 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($3,058 per ton), while the average price for exports to Tajikistan amounted to $2,037 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+34.3%).

Imports of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan

Imports of steel alloy wire of silico-manganese steels into Uzbekistan dropped slightly to 1.6K tons in 2022, approximately equating 2021 figures. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year.

In value terms, imports of steel alloy wire of silico-manganese steels fell significantly to $2M in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year.

Import of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5319931,069880-16.9%
Russia23441.438542321.8%
Turkey31481.3209225-10.5%
Belarus75.418234621040.7%
South Korea251142211194-8.2%
Lithuania14086.043.034.9-37.1%
IranN/AN/A38.130.2-20.7%
Others49.091.914333.2-12.2%
Total2,5951,6182,4452,031-7.8%

Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Uzbekistan in 2022:

  1. China (952.7 tons)
  2. Russia (304.2 tons)
  3. Belarus (124.6 tons)
  4. Turkey (104.5 tons)
  5. South Korea (92.9 tons)
  6. Iran (37.5 tons)
  7. Lithuania (15.9 tons)

Exports of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan

In 2022, the amount of steel alloy wire of silico-manganese steels exported from Uzbekistan totaled 7 tons, remaining stable against 2021 figures. Over the period under review, exports faced a sharp downturn. The smallest decline of 99.9% was in 2021.

In value terms, exports of steel alloy wire of silico-manganese steels amounted to $18K in 2022. Overall, exports enjoyed a prominent expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Steel Alloy Wire of Silico-Manganese Steel in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
KazakhstanN/AN/A11.00%
Tajikistan3.4N/A6.942.5%
Kyrgyzstan12.0N/AN/A0%
OthersN/AN/AN/A0%
Total15.4N/A18.08.1%

Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Uzbekistan in 2022:

  1. Kazakhstan (3.6 tons)
  2. Tajikistan (3.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of silico-manganese steel - Uzbekistan