Kazakhstan: Stranded Wire Market 2024

Stranded Wire Market Size in Kazakhstan

In 2022, the Kazakh stranded wire market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Stranded Wire Production in Kazakhstan

In value terms, stranded wire production fell slightly to $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Stranded Wire Exports

Exports from Kazakhstan

For the third consecutive year, Kazakhstan recorded growth in shipments abroad of stranded wire, ropes and cables, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, stranded wire exports soared to $X in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for stranded wire exports from Kazakhstan, accounting for a X% share of total exports. Moreover, stranded wire exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), sixfold. The third position in this ranking was held by Israel (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Israel (X% per year).

In value terms, Russia ($X) remains the key foreign market for stranded wire, ropes and cables exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

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

Export Prices by Country

The average stranded wire export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price enjoyed a pronounced increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 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 Kyrgyzstan ($X per ton), while the average price for exports to Afghanistan ($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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stranded Wire Imports

Imports into Kazakhstan

In 2022, imports of stranded wire, ropes and cables into Kazakhstan rose modestly to X tons, growing by X% against 2021. Over the period under review, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, stranded wire imports totaled $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest stranded wire supplier to Kazakhstan, with a X% share of total imports. Moreover, stranded wire imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

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

In value terms, Russia ($X) constituted the largest supplier of stranded wire, ropes and cables to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ukraine (X% per year).

Import Prices by Country

The average stranded wire import price stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated a slight increase 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, stranded wire import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

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