Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $12,833 per ton in 2022, rising by 205% against the previous year. Over the period under review, the import price posted a significant increase. 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 China ($20,667 per ton), while the price for Russia amounted to $5,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.8%).
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan
For the third consecutive year, Kazakhstan recorded decline in overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which decreased by -90.5% to 6 kg in 2022. In general, imports recorded a dramatic setback. The smallest decline of -7.5% was in 2020.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s declined notably to $77 in 2022. Over the period under review, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 8.6%. As a result, imports reached the peak of $593. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 62.0 | 0% |
| Russia | 546 | 593 | 265 | 15.0 | -69.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 546 | 593 | 265 | 77.0 | -47.9% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Kazakhstan in 2022:
- China (3.0 kg)
- Russia (3.0 kg)
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