Uzbekistan: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Uzbekistan

The Uzbek market for welded and cold-formed sections of steel contracted remarkably to $X in 2022, shrinking by -50.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X, and then shrank sharply in the following year.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Uzbekistan

In 2022, shipments abroad of welded and cold-formed sections of steel decreased by -56.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 271%. As a result, the exports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, welded and cold-formed steel sections exports contracted significantly to $X in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 876%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

Tajikistan (X tons) was the main destination for welded and cold-formed steel sections exports from Uzbekistan, accounting for a 87% share of total exports. Moreover, welded and cold-formed steel sections exports to Tajikistan exceeded the volume sent to the second major destination, Kyrgyzstan (X kg), more than tenfold.

From 2020 to 2022, the average annual growth rate of volume to Tajikistan totaled -62.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-64.5% per year) and Kazakhstan (+62.0% per year).

In value terms, Tajikistan ($X) remains the key foreign market for welded and cold-formed sections of steel exports from Uzbekistan, comprising 84% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 14% share of total exports.

From 2020 to 2022, the average annual growth rate of value to Tajikistan totaled -87.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-54.5% per year) and Kazakhstan (+44.8% per year).

Export Prices by Country

The average export price for welded and cold-formed sections of steel stood at $X per ton in 2022, dropping by -64.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of 163%. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+28.2%), while the prices for the other major destinations experienced a decline.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Uzbekistan

In 2022, the amount of welded and cold-formed sections of steel imported into Uzbekistan dropped remarkably to X tons, shrinking by -47.6% compared with 2021 figures. In general, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 8,300% against the previous year. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, welded and cold-formed steel sections imports declined notably to $X in 2022. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 11,989%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, Russia (X tons) was the main supplier of welded and cold-formed steel sections to Uzbekistan, with a 98% share of total imports. It was followed by Turkey (X tons), with a 2% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from Russia stood at +20.7%.

In value terms, Russia ($X) constituted the largest supplier of welded and cold-formed sections of steel to Uzbekistan, comprising 93% of total imports. The second position in the ranking was taken by Turkey ($X), with a 6.8% share of total imports.

From 2017 to 2022, the average annual growth rate of value from Russia totaled +13.6%.

Import Prices by Country

The average import price for welded and cold-formed sections of steel stood at $X per ton in 2022, declining by -5.3% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for Russia stood at $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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