Kazakhstan: Chrome Ore Market Overview 2020

Chrome Ore Market Size in Kazakhstan

The revenue of the chrome ore market in Kazakhstan amounted to $X in 2017, going up by X% against the previous year. In general, chrome ore consumption continues to indicate a temperate increase. The growth pace was the most rapid in 2008, when market value increased by X% year-to-year. In that year, the chrome ore market reached their peak level of $X. From 2009 to 2017, growth of the chrome ore market failed to regain its momentum.

Chrome Ore Production in Kazakhstan

In 2017, chrome ore production in Kazakhstan amounted to X tonnes, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. Kazakhstan chrome ore production peaked in 2017, and is expected to retain its growth in the near future.

Chrome Ore Exports from Kazakhstan

In 2017, the amount of chromium ores and concentrates exported from Kazakhstan stood at X tonnes, jumping by X% against the previous year. In general, chrome ore exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Kazakhstan exports peaked of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, chrome ore exports stood at $X in 2017. In general, chrome ore exports continue to indicate a relatively flat trend pattern. In that year, the chrome ore exports reached their peak level of $X. From 2012 to 2017, growth of the chrome ore exports stood at a somewhat lower level.

Chrome Ore Exports by Country from Kazakhstan

South Africa dominates chrome ore exports structure, resulting at X tonnes, which was approx. X% of total exports in 2017. Turkey (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Kazakhstan (X%). The following exporters - Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) together made up X% of total exports.

South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Africa decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chrome ore supplier from Kazakhstan, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In South Africa, chrome ore exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Kazakhstan (-X% per year).

Chrome Ore Export Prices by Country in Kazakhstan

In 2017, the chrome ore export price in Kazakhstan amounted to $X per tonne, going up by X% against the previous year. In general, chrome ore export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the export prices for chromium ores and concentrates attained its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chrome Ore Imports into Kazakhstan

In 2017, the amount of chromium ores and concentrates imported into Kazakhstan stood at X tonnes, surging by X% against the previous year. In general, chrome ore imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the chrome ore imports reached its maximum volume of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, chrome ore imports stood at $X in 2017. Overall, chrome ore imports continue to indicate an abrupt downturn. In that year, the chrome ore imports attained their peak level of $X. From 2012 to 2017, growth of the chrome ore imports stood at a somewhat lower level.

Chrome Ore Imports by Country into Kazakhstan

In 2017, China (X tonnes) represented the major importer for chromium ores and concentrates, mixed up X% of total imports. It was distantly followed by Mozambique (X tonnes) and Russia (X tonnes), together mixed up X% share of total imports. Sweden (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to chrome ore imports into China stood at +X%. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. Mozambique (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Kazakhstan, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

In China, chrome ore imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+X% per year) and Russia (-X% per year).

Chrome Ore Import Prices by Country in Kazakhstan

The chrome ore import price in Kazakhstan stood at $X per tonne in 2017, flattening at the previous year. In general, chrome ore import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the import prices for chromium ores and concentrates attained its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform