Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan - 2022

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $2,824 per ton, growing by 8.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 75%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 +0.6% per year.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan

Imports of steel, alloy into Kazakhstan expanded markedly to 2.7 tons in 2022, picking up by 5.2% on the previous year's figure. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of steel, alloy rose sharply to $7.6K in 2022. The total import value increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.15.96.77.614.2%
OthersN/AN/AN/AN/A0%
Total5.15.96.77.614.2%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Kazakhstan in 2022:

  1. Russia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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