Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan - 2022

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan (FOB) - 2022
2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan (CIF) - 2022
3. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan
4. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $141 per ton in 2022, declining by -53.3% against the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 22%. Over the period under review, the average export prices attained the peak figure at $622 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +4.8% per year.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,122 per ton, increasing by 82% against the previous year. Overall, the import price enjoyed a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, 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 +4.5% per year.

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan

In 2022, after three years of growth, there was significant decline in shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by -36% to 2.2K tons. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,086% against the previous year.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped notably to $314K in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,436% against the previous year.

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Kazakhstan in 2022:

1. China (2.2K tons)

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kazakhstan

In 2022, approx. 269 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Kazakhstan; which is down by -64.7% on 2021 figures. In general, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses reduced rapidly to $301K in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year.

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Kazakhstan in 2022:

1. Russia (268.6 tons)

Source: IndexBox Market Intelligence Platform