Kazakhstan: Asbestos Market 2022

Asbestos Market Size in Kazakhstan

The Kazakh asbestos market reduced remarkably to $X in 2020, shrinking by -X% against the previous year. Over the period under review, consumption saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Asbestos consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Asbestos Production in Kazakhstan

In value terms, asbestos production reached $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Asbestos Exports

Exports from Kazakhstan

In 2020, exports of asbestos from Kazakhstan declined slightly to X tons, reducing by -X% compared with 2019 figures. Over the period under review, total exports indicated a resilient expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, asbestos exports reduced slightly to $X in 2020. In general, total exports indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for asbestos exports from Kazakhstan, with a X% share of total exports. Moreover, asbestos exports to Uzbekistan exceeded the volume sent to the second major destination, India (X tons), twofold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Uzbekistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and China (+X% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for asbestos exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Uzbekistan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Tajikistan (+X% per year).

Export Prices by Country

The average asbestos export price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced more modest paces of growth.

Asbestos Imports

Imports into Kazakhstan

After two years of decline, purchases abroad of asbestos increased by X% to X tons in 2020. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports soared to $X in 2020. Over the period under review, imports, however, recorded a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Russia (X tons) constituted the largest supplier of asbestos to Kazakhstan, accounting for a X% share of total imports. Moreover, asbestos imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), sevenfold.

From 2007 to 2020, 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: Uzbekistan (+X% per year) and Kyrgyzstan (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of asbestos to Kazakhstan, comprising X% of total imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (+X% per year) and Kyrgyzstan (+X% per year).

Import Prices by Country

The average asbestos import price stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Russia ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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