Price for Mineral Substances Not Elsewhere Specified or Included in Kazakhstan - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan

Price for Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $341 per ton, increasing by 77% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached 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 Russia ($332 per ton), while the price for Georgia amounted to $152 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (FOB) - 2022

In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $112 per ton, picking up by 7.6% against the previous year. Overall, the export price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 317% against the previous year. As a result, the export price attained the peak level of $1,893 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($124 per ton), while the average price for exports to Latvia ($103 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 (-14.1%), while the prices for the other major destinations experienced a decline.

Imports of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan

In 2022, approx. 13K tons of mineral substances not elsewhere specified or includeds were imported into Kazakhstan; reducing by -16.1% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 16K tons, and then shrank rapidly in the following year.

In value terms, imports of mineral substances not elsewhere specified or includeds surged to $4.5M in 2022. Overall, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.92.12.84.129.2%
GeorgiaN/AN/AN/A0.10%
Others0.10.10.20.344.2%
Total2.02.23.04.531.0%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Kazakhstan in 2022:

  1. Russia (12.5K tons)
  2. Georgia (0.4K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan

In 2022, shipments abroad of mineral substances not elsewhere specified or includeds was finally on the rise to reach 7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mineral substances not elsewhere specified or includeds surged to $786K in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

Export of Mineral Substances Not Elsewhere Specified or Included in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/AN/A4320%
Uzbekistan274376160267-0.9%
Russia35025.011.881.4-38.5%
Kyrgyzstan1718.019.24.6-70.0%
Ireland398N/AN/AN/A0%
Others19.025.60.70.2-78.1%
Total1,212435191786-13.4%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Kazakhstan in 2022:

  1. Latvia (4.2K tons)
  2. Uzbekistan (2.1K tons)
  3. Russia (0.7K tons)

Source: IndexBox Market Intelligence Platform

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