Price for Steel, Alloy; Semi-Finished Products in Kazakhstan - 2021
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Kazakhstan (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Kazakhstan (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Kazakhstan
- Exports of Steel, Alloy; Semi-Finished Products in Kazakhstan
Price for Steel, Alloy; Semi-Finished Products in Kazakhstan (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $3,048 per ton, growing by 54% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products import price increased by +82.5% against 2020 indices. 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 Turkey ($3,721 per ton), while the price for Italy ($1,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Kazakhstan (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $403 per ton in 2022, which is down by -7.1% against the previous year. Overall, the export price recorded a slight setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $490 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -1.1% per year.
Imports of Steel, Alloy; Semi-Finished Products in Kazakhstan
After three years of growth, supplies from abroad of steel, alloy; semi-finished productses decreased by -3.7% to 437 tons in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.7%. As a result, imports attained the peak of 454 tons, and then reduced slightly in the following year.
In value terms, steel, alloy; semi-finished products imports surged to $1.3M in 2022. In general, imports, however, enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Semi-Finished Products in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 574 | 631 | 691 | 1,211 | 28.3% |
| Turkey | 1.2 | 5.6 | 11.7 | 63.0 | 274.4% |
| Italy | 2.9 | 5.9 | 13.1 | 42.4 | 144.5% |
| China | 12.7 | 19.7 | 45.1 | 16.0 | 8.0% |
| Others | 209 | 28.5 | 136 | N/A | -19.3% |
| Total | 799 | 691 | 897 | 1,333 | 18.6% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Kazakhstan in 2022:
- Russia (382.3 tons)
- Italy (31.3 tons)
- Turkey (16.9 tons)
- China (6.8 tons)
Exports of Steel, Alloy; Semi-Finished Products in Kazakhstan
In 2022, shipments abroad of steel, alloy; semi-finished productses increased by 13% to 338 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp shrinkage.
In value terms, steel, alloy; semi-finished products exports rose slightly to $136K in 2022. Overall, exports, however, saw a sharp reduction.
| Export of Steel, Alloy; Semi-Finished Products in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.0 | 2.2 | 0.1 | 0.1 | -72.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 2.2 | 0.1 | 0.1 | -72.9% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Kazakhstan in 2022:
- South Korea (336.1 tons)
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