Price for Chain and Parts Thereof, of Iron or Steel in Kazakhstan - 2022

Contents:

  1. Price for Chain and Parts Thereof, of Iron or Steel in Kazakhstan (CIF) - 2022
  2. Price for Chain and Parts Thereof, of Iron or Steel in Kazakhstan (FOB) - 2022
  3. Imports of Chain and Parts Thereof, of Iron or Steel in Kazakhstan
  4. Exports of Chain and Parts Thereof, of Iron or Steel in Kazakhstan

Price for Chain and Parts Thereof, of Iron or Steel in Kazakhstan (CIF) - 2022

The average import price for chain and parts thereof, of iron or steel stood at $5,787 per ton in 2022, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Poland ($9,101 per ton), while the price for Ukraine ($3,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain and Parts Thereof, of Iron or Steel in Kazakhstan (FOB) - 2022

In 2022, the average export price for chain and parts thereof, of iron or steel amounted to $16,480 per ton, surging by 186% against the previous year. Over the period under review, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Uzbekistan ($20,055 per ton), while the average price for exports to Kyrgyzstan stood at $12,910 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+26.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain and Parts Thereof, of Iron or Steel in Kazakhstan

In 2022, the amount of chain and parts thereof, of iron or steel imported into Kazakhstan expanded significantly to 3.6K tons, increasing by 9.1% against 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year.

In value terms, imports of chain and parts thereof, of iron or steel skyrocketed to $21M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chain and Parts Thereof, of Iron or Steel in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.44.24.25.215.2%
Russia4.83.85.95.01.4%
China2.71.72.04.821.1%
Poland0.20.20.40.965.1%
Ukraine0.30.30.20.30.0%
Australia1.4N/A0.1N/A-73.3%
Others2.42.32.44.422.4%
Total15.212.515.220.710.8%

Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Kazakhstan in 2022:

  1. China (1443.0 tons)
  2. Russia (983.6 tons)
  3. Germany (574.8 tons)
  4. Ukraine (105.2 tons)
  5. Poland (97.4 tons)
  6. Australia (1.0 tons)

Exports of Chain and Parts Thereof, of Iron or Steel in Kazakhstan

Exports of chain and parts thereof, of iron or steel from Kazakhstan rose slightly to 68 tons in 2022, surging by 4.4% compared with the year before. The total export volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports reached the peak of 69 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of chain and parts thereof, of iron or steel skyrocketed to $1.1M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chain and Parts Thereof, of Iron or Steel in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1.20.62.0680727.5%
Kyrgyzstan10.170.250.0426248.1%
Russia331556320N/A-1.7%
Others15.14.00.59.8-13.4%
Total3586313731,11546.0%

Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Kazakhstan in 2022:

  1. Uzbekistan (33.9 tons)
  2. Kyrgyzstan (33.0 tons)

Source: IndexBox Market Intelligence Platform

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