Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan
  4. Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (CIF) - 2022

The average import price for iron or non-alloy steel wire, not plated or coateds stood at $860 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($859 per ton), while the price for China totaled $661 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.1%).

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (FOB) - 2022

The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,054 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 29%. The export price peaked at $1,082 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($1,582 per ton), while the average price for exports to the Czech Republic ($827 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+57.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan

In 2022, overseas purchases of iron or non-alloy steel wire, not plated or coateds decreased by 0% to 87K tons, falling for the second year in a row after two years of growth. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 7.8% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron or non-alloy steel wire, not plated or coateds stood at $75M in 2022. In general, imports saw a significant expansion. The smallest decline of -7.5% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia37.734.6N/A72.224.2%
China0.70.8N/A1.012.6%
Others1.01.0N/A1.719.3%
Total39.436.4N/A75.023.9%

Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Kazakhstan in 2022:

  1. Russia (84.0K tons)
  2. China (1.6K tons)

Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan

In 2022, overseas shipments of iron or non-alloy steel wire, not plated or coateds decreased by 0% to 5.9K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 4% against the previous year. As a result, the exports reached the peak of 9.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of iron or non-alloy steel wire, not plated or coateds totaled $6.2M in 2022. Overall, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 1.7% against the previous year. As a result, the exports reached the peak of $7.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan7.05.8N/A3.1-23.8%
BelarusN/A0.3N/A1.4116.0%
Russia0.40.8N/A0.720.5%
Ukraine0.10.6N/A0.344.2%
Czech RepublicN/AN/AN/A0.30%
TurkmenistanN/A0.2N/A0.20.0%
Kyrgyzstan0.30.1N/AN/A-66.7%
OthersN/A0.2N/A0.1-29.3%
Total7.87.9N/A6.2-7.4%

Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Kazakhstan in 2022:

  1. Uzbekistan (2917.6 tons)
  2. Belarus (1259.0 tons)
  3. Russia (686.3 tons)
  4. Czech Republic (419.8 tons)
  5. Ukraine (342.6 tons)
  6. Turkmenistan (134.8 tons)
  7. Kyrgyzstan (10.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, (not plated or coated), whether or not polished - Kazakhstan