Kazakhstan: Explosives Market 2024

Explosives Market Size in Kazakhstan

In 2022, after two years of decline, there was significant growth in the Kazakh explosives market, when its value increased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Explosives Production in Kazakhstan

In value terms, explosives production amounted to $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Explosives Exports

Exports from Kazakhstan

After three years of growth, overseas shipments of prepared explosives decreased by X% to X tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, explosives exports skyrocketed to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Kyrgyzstan (X tons) was the main destination for explosives exports from Kazakhstan, accounting for a X% share of total exports. Moreover, explosives exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (X% per year) and Russia (X% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for prepared explosives exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average explosives export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate tangible growth. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

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

Explosives Imports

Imports into Kazakhstan

In 2022, after three years of decline, there was significant growth in supplies from abroad of prepared explosives, when their volume increased by X% to X tons. Overall, imports, however, recorded a slight setback. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, explosives imports soared to $X in 2022. In general, imports, however, continue to indicate a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of explosives to Kazakhstan, with a X% share of total imports. It was followed by Uzbekistan (X tons), with a X% share of total imports.

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

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

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

Import Prices by Country

In 2022, the average explosives import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while the price for Russia stood at $X per ton.

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 a decline.

Source: IndexBox Platform

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