Kazakhstan: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Kazakhstan

In 2022, the Kazakh market for nets of twine, cordage, rope or textile materials decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Kazakhstan

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials were finally on the rise to reach X tons after three years of decline. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, twine, cordage or textile net exports surged to $X in 2022. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for twine, cordage or textile net exports from Kazakhstan, accounting for a X% share of total exports. Moreover, twine, cordage or textile net exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), sevenfold.

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

In value terms, the largest markets for twine, cordage or textile net exported from Kazakhstan were Kyrgyzstan ($X) and Russia ($X).

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Kazakhstan

In 2022, purchases abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, twine, cordage or textile net imports fell dramatically to $X in 2022. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of twine, cordage or textile net to Kazakhstan, accounting for a X% share of total imports. Moreover, twine, cordage or textile net imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Russia (X tons), with a X% share.

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

In value terms, China ($X), Russia ($X) and Turkey ($X) appeared to be the largest twine, cordage or textile net suppliers to Kazakhstan, together accounting for X% of total imports. Italy and Macao SAR lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Macao SAR, with a CAGR of X.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Macao SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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