Kazakhstan: Salt Market 2022

Salt Market Size in Kazakhstan

In 2021, the Kazakh salt market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Salt Production in Kazakhstan

In value terms, salt production stood at $X in 2021 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Salt production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Salt Exports

Exports from Kazakhstan

In 2021, shipments abroad of salt and pure sodium chloride increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, salt exports amounted to $X in 2021. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tonnes) was the main destination for salt exports from Kazakhstan, with a X% share of total exports. Moreover, salt exports to Russia exceeded the volume sent to the second major destination, Turkmenistan (X tonnes), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +X%.

In value terms, Russia ($X) remains the key foreign market for salt exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by Turkmenistan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +X%.

Export Prices by Country

In 2021, the average salt export price amounted to $X per tonne, growing by X% against the previous year. Overall, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, salt export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per tonne in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($X per tonne), while the average price for exports to Turkmenistan stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%).

Salt Imports

Imports into Kazakhstan

For the third consecutive year, Kazakhstan recorded growth in overseas purchases of salt and pure sodium chloride, which increased by X% to X tonnes in 2021. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, salt imports declined modestly to $X in 2021. Overall, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tonnes) constituted the largest supplier of salt to Kazakhstan, accounting for a X% share of total imports. Moreover, salt imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tonnes), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +X%.

Import Prices by Country

The average salt import price stood at $X per tonne in 2021, reducing by -X% against the previous year. In general, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per tonne), while the price for Belarus stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%).

Source: IndexBox Platform