Kazakhstan: Aluminium Bar Market 2024

Aluminium Bar Market Size in Kazakhstan

In 2022, the Kazakh aluminium bar market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a slight slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Bar Production in Kazakhstan

In value terms, aluminium bar production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Aluminium bar production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Aluminium Bar Exports

Exports from Kazakhstan

In 2022, overseas shipments of aluminium bars, rods and profiles increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, aluminium bar exports soared to $X in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Uzbekistan (X tons) was the main destination for aluminium bar exports from Kazakhstan, with a X% share of total exports. Moreover, aluminium bar exports to Uzbekistan exceeded the volume sent to the second major destination, Poland (X tons), threefold. Kyrgyzstan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Kyrgyzstan (X% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for aluminium bars, rods and profiles exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with an X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the average aluminium bar export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a mild descent. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($X per ton) and Russia ($X per ton), while the average price for exports to Uzbekistan ($X per ton) and Kyrgyzstan ($X 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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Imports

Imports into Kazakhstan

In 2022, the amount of aluminium bars, rods and profiles imported into Kazakhstan declined markedly to X tons, shrinking by X% against 2021. In general, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, aluminium bar imports rose markedly to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest aluminium bar supplier to Kazakhstan, with a X% share of total imports. Moreover, aluminium bar imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by Uzbekistan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Uzbekistan (X% per year).

In value terms, Russia ($X) constituted the largest supplier of aluminium bars, rods and profiles to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Serbia ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The average aluminium bar import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium bar import price increased by X% against 2020 indices. 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 Serbia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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