Uzbekistan: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Uzbekistan

The Uzbek stainless steel angle market rose notably to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Stainless Steel Angle Production in Uzbekistan

In value terms, stainless steel angle production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a mild contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Stainless steel angle production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Stainless Steel Angle Exports

Exports from Uzbekistan

In 2022, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were exported from Uzbekistan; jumping by X% on the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel angle exports soared to $X in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for stainless steel angle exports from Uzbekistan, accounting for a X% share of total exports. Moreover, stainless steel angle exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), more than tenfold.

From 2021 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X.5%.

In value terms, Kazakhstan ($X) remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2021 to 2022, the average annual growth rate of value to Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the average stainless steel angle export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price faced a dramatic decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped significantly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%).

Stainless Steel Angle Imports

Imports into Uzbekistan

In 2022, after two years of decline, there was significant growth in supplies from abroad of angles, shapes and sections of stainless steel or other alloy steel, when their volume increased by X% to X tons. Overall, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, stainless steel angle imports fell modestly to $X in 2022. Over the period under review, imports, however, faced a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and Sweden (X tons) were the main suppliers of stainless steel angle imports to Uzbekistan, together comprising X% of total imports. Turkey lagged somewhat behind, accounting for a further X%.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest stainless steel angle suppliers to Uzbekistan were Russia ($X), China ($X) and Sweden ($X), together comprising X% of total imports. These countries were followed by Turkey, which accounted for a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average stainless steel angle import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, import price indicated a mild increase from 2017 to 2022: its price increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel angle import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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