Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (CIF) - 2022

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,160 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2019 an increase of 120% against the previous year. Over the period under review, average import prices hit record highs in 2022 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 China ($1,683 per ton), while the price for Tajikistan ($625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%).

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,113 per ton in 2022, approximately reflecting the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 154% against the previous year. The export price peaked at $1,562 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Kyrgyzstan ($1,286 per ton) and Uzbekistan ($1,156 per ton), while the average price for exports to Belarus ($1,100 per ton) and Russia ($1,102 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan

In 2022, overseas purchases of iron or non-alloy steel wire, plated or coated with zincs decreased by 0% to 6.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of 8.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs totaled $7.5M in 2022. In general, imports enjoyed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 4.9%. As a result, imports reached the peak of $7.5M; afterwards, it flattened through to 2022.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.25.2N/A6.515.7%
China2.42.2N/A0.5-40.7%
UzbekistanN/AN/AN/A0.10%
TajikistanN/AN/AN/A0.10%
Others0.50.1N/A0.2-26.3%
Total7.27.5N/A7.51.4%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Kazakhstan in 2022:

  1. Russia (5.8K tons)
  2. China (0.3K tons)
  3. Uzbekistan (0.2K tons)
  4. Tajikistan (0.1K tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan

In 2022, exports of iron or non-alloy steel wire, plated or coated with zincs from Kazakhstan amounted to 1K tons, remaining relatively unchanged against 2021 figures. Over the period under review, exports continue to indicate significant growth. The smallest decline of -89.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs amounted to $1.1M in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of -82.8% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11019.3N/A57974.0%
BelarusN/AN/AN/A2700%
Uzbekistan148N/AN/A1939.3%
AzerbaijanN/AN/AN/A44.90%
PolandN/AN/AN/A23.60%
Kyrgyzstan38.330.4N/A3.5-55.0%
Others1.51.6N/A1.1-9.8%
Total29851.3N/A1,11655.3%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Kazakhstan in 2022:

  1. Russia (525.5 tons)
  2. Belarus (245.9 tons)
  3. Uzbekistan (167.3 tons)
  4. Azerbaijan (39.5 tons)
  5. Poland (21.1 tons)
  6. Kyrgyzstan (2.7 tons)

Source: IndexBox Market Intelligence Platform

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