Kazakhstan: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Kazakhstan

The Kazakh market for copper bars, wire and plates fell slightly to $X in 2022, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Copper bars, wire and plates consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Copper Bars, Wire And Plates in Kazakhstan

In value terms, copper bars, wire and plates production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Copper Bars, Wire And Plates

Exports from Kazakhstan

In 2022, shipments abroad of copper bars, wire and plates increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, saw a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper bars, wire and plates exports soared to $X in 2022. In general, exports, however, continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for copper bars, wire and plates exports from Kazakhstan, accounting for a X% share of total exports. It was followed by Kyrgyzstan (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%.

In value terms, Russia ($X) remains the key foreign market for copper bars, wire and plates exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to X%.

Export Prices by Country

In 2022, the average export price for copper bars, wire and plates amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a measured expansion 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, copper bars, wire and plates export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into Kazakhstan

In 2022, the amount of copper bars, wire and plates imported into Kazakhstan surged to X tons, increasing by X% against the previous year. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper bars, wire and plates imports soared to $X in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X tons), Russia (X tons) and China (X tons) were the main suppliers of copper bars, wire and plates imports to Kazakhstan, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Russia ($X) and China ($X) constituted the largest copper bars, wire and plates suppliers to Kazakhstan, with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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