Price for Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan

Price for Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $2,140 per ton, rising by 32% against the previous year. Overall, import price indicated noticeable growth from 2017 to 2022: its price increased at an average annual rate of +3.5% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel increased by +94.8% against 2019 indices. As a result, import price attained the peak level 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 the UK ($3,536 per ton), while the price for Kazakhstan ($1,246 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $838 per ton, which is down by -50.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 690%. As a result, the export price reached the peak level of $1,682 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,065 per ton), while the average price for exports to Kyrgyzstan amounted to $471 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.4%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan

In 2022, approx. 12K tons of railway or tramway track constructions of iron or steel were imported into Uzbekistan; waning by -65.5% on the previous year's figure. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year.

In value terms, imports of railway or tramway track constructions of iron or steel shrank markedly to $25M in 2022. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, imports reached the peak of $56M, and then dropped rapidly in the following year.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Uzbekistan in 2022:

1. Russia (6.5K tons)
2. United Kingdom (1.8K tons)
3. Kazakhstan (1.0K tons)
4. Latvia (0.7K tons)
5. China (0.5K tons)
6. Ukraine (0.4K tons)
7. Czech Republic (0.4K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Uzbekistan

For the third consecutive year, Uzbekistan recorded growth in shipments abroad of railway or tramway track constructions of iron or steel, which increased by 107% to 259 tons in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 182%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of railway or tramway track constructions of iron or steel expanded modestly to $217K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,130%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Uzbekistan in 2022:

1. Russia (160.0 tons)
2. Kyrgyzstan (98.9 tons)

Source: IndexBox Market Intelligence Platform