Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan - 2022

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan (CIF) - 2022

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,386 per ton in 2022, with a decrease of -25.3% against the previous year. In general, the import price recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $7,628 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 ($16,338 per ton), while the price for the United Arab Emirates ($1,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan (FOB) - 2022

In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $1,975 per ton, declining by -65.1% against the previous year. In general, the export price showed a deep setback. The pace of growth was the most pronounced in 2015 an increase of 133% against the previous year. As a result, the export price reached the peak level of $6,805 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,919 per ton), while the average price for exports to China stood at $889 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+234.3%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan

In 2022, the amount of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s imported into Kazakhstan reached 59 tons, with an increase of 5.7% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s plummeted to $261K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports attained the peak of $330K, and then declined markedly in the following year.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Kazakhstan in 2022:

1. Russia (19.5 tons)
2. China (10.4 tons)
3. Italy (9.5 tons)
4. United Arab Emirates (8.2 tons)
5. Estonia (6.3 tons)
6. South Korea (2.2 tons)
7. Netherlands (2.0 tons)
8. United Kingdom (0.4 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kazakhstan

In 2022, overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -56.7% to 484 kg, falling for the second year in a row after two years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 12,135%. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s declined markedly to $956 in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 10,636%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Kazakhstan in 2022:

1. Russia (259.0 kg)
2. China (225.0 kg)