Price for Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan - 2022

Contents:

  1. Price for Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan (CIF) - 2022
  2. Imports of Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan

Price for Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan (CIF) - 2022

The average import price for steel, stainless; ingots and other primary formses stood at $5,433 per ton in 2022, growing by 17% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2019 an increase of 60%. As a result, import price attained the peak level of $5,679 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Canada amounted to +29.1% per year.

Imports of Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan

In 2022, supplies from abroad of steel, stainless; ingots and other primary formses decreased by -47.7% to 215 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of 1.4 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, stainless; ingots and other primary formses declined dramatically to $1.2K in 2022. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of $6K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Ingots and Other Primary Forms in Kazakhstan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4141,1371261,16841.3%
China384475184N/A-30.8%
United Kingdom1,8882,010668N/A-40.5%
United States1,9231,887578N/A-45.2%
Others457442348N/A-12.7%
Total5,0665,9511,9041,168-38.7%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Kazakhstan in 2022:

  1. Russia (215.0 kg)

Source: IndexBox Market Intelligence Platform

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