Kazakhstan - Iron and Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kazakhstan - Iron and Steel - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iron and Steel Price in Kazakhstan - 2021

Contents:

  1. Iron and Steel Price in Kazakhstan (FOB) - 2022
  2. Iron and Steel Price in Kazakhstan (CIF) - 2022
  3. Iron and Steel Exports in Kazakhstan
  4. Iron and Steel Imports in Kazakhstan

Iron and Steel Price in Kazakhstan (FOB) - 2022

The average iron and steel export price stood at $442 per ton in 2022, dropping by -7.2% against the previous year. Over the period under review, the export price saw a mild slump. The growth pace was the most rapid in 2015 when the average export price increased by 1,437% against the previous year. As a result, the export price reached the peak level of $4,153 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($515 per ton), while the average price for exports to Iran ($380 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 France (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Iron and Steel Price in Kazakhstan (CIF) - 2022

In 2022, the average iron and steel import price amounted to $1,172 per ton, increasing by 64% against the previous year. Overall, the import price recorded noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.2% per year.

Iron and Steel Exports in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of iron and steel, which increased by 72% to 18K tons in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron and steel exports surged to $7.7M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron and Steel in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1561872232039.2%
Iran4.35.98.18.525.5%
China1.72.23.73.324.7%
Others-156.6-190.4-229.8-207.39.8%
Total5.44.24.97.712.6%

Top Export Markets for Iron and Steel from Kazakhstan in 2022:

  1. France (394.6K tons)
  2. Iran (22.4K tons)
  3. China (7.1K tons)

Iron and Steel Imports in Kazakhstan

In 2022, the amount of iron and steel imported into Kazakhstan contracted sharply to 3.1K tons, falling by -17.5% against the previous year. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 3.9% against the previous year.

In value terms, iron and steel imports soared to $3.6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron and Steel in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.42.02.12.0-16.2%
Others0.20.20.61.6100.0%
Total3.62.22.73.60.0%

Top Suppliers of Iron and Steel to Kazakhstan in 2022:

  1. Russia (3.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron and steel market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Kazakhstan

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Kazakhstan
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
    Store
    Blog
    Event
    Exploring the Top Import Markets for Iron and Steel
    Apr 3, 2024
    Eye 127

    Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.

    Exploring the Top Import Markets for Pig Iron
    Apr 18, 2024
    Eye 111

    Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.

    Which Country Imports the Most Pig Iron and Spiegeleisen in the World?
    May 28, 2018
    Eye 1999

    In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

    Which Country Exports the Most Pig Iron and Spiegeleisen in the World?
    May 28, 2018
    Eye 919

    In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

    Exploring the Top Import Markets for Iron and Steel
    Apr 3, 2024
    Eye 127

    Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.

    Exploring the Top Import Markets for Pig Iron
    Apr 18, 2024
    Eye 111

    Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.

    Which Country Imports the Most Pig Iron and Spiegeleisen in the World?
    May 28, 2018
    Eye 1999

    In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

    Which Country Exports the Most Pig Iron and Spiegeleisen in the World?
    May 28, 2018
    Eye 919

    In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...

    Free Data: Iron and Steel - Kazakhstan