Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan - 2022
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $352 per ton, increasing by 5.4% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; remelting scrap ingots of iron or steels increased by +55.7% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($409 per ton), while the average price for exports to Pakistan ($173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $189 per ton, stabilizing at the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $283 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($421 per ton), while the price for Russia totaled $184 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.8%).
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan
In 2022, the amount of ferrous waste and scrap; remelting scrap ingots of iron or steels exported from Kazakhstan declined to 767K tons, which is down by -13.1% compared with 2021. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels contracted to $270M in 2022. In general, exports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. As a result, the exports attained the peak of $295M, and then dropped in the following year.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 204 | 104 | 268 | 247 | 6.6% |
| Azerbaijan | 0.1 | 0.7 | 1.5 | 5.3 | 275.6% |
| Pakistan | 1.4 | 3.8 | 10.6 | 5.0 | 52.9% |
| Turkey | 2.1 | 0.6 | 6.3 | 4.5 | 28.9% |
| Uzbekistan | 35.0 | 8.0 | 1.1 | 0.8 | -71.6% |
| Others | 6.3 | 5.6 | 8.1 | 7.4 | 5.5% |
| Total | 249 | 123 | 295 | 270 | 2.7% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Kazakhstan in 2022:
- Russia (691.9K tons)
- Pakistan (28.7K tons)
- Azerbaijan (21.0K tons)
- Turkey (16.9K tons)
- Uzbekistan (2.0K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan
In 2022, purchases abroad of ferrous waste and scrap; remelting scrap ingots of iron or steels increased by 34% to 28K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a mild downturn.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels surged to $5.4M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.5% 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 +83.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.7 | 2.9 | 3.9 | 5.1 | 2.8% |
| Uzbekistan | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Kyrgyzstan | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.9 | 2.9 | 4.0 | 5.4 | 3.3% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Kazakhstan in 2022:
- Russia (27.7K tons)
- Uzbekistan (0.5K tons)
- Kyrgyzstan (0.1K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Kazakhstan.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
405
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Kazakhstan.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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