Kazakhstan: Iron Household Articles Market 2024

Iron Household Articles Market Size in Kazakhstan

The Kazakh iron household articles market reduced to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated mild 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, consumption increased by X% against 2016 indices. Iron household articles consumption peaked at $X in 2021, and then fell in the following year.

Iron Household Articles Exports

Exports from Kazakhstan

For the third year in a row, Kazakhstan recorded growth in shipments abroad of table, kitchen or household articles and parts of iron, which increased by X% to X tons in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, iron household articles exports rose markedly to $X in 2022. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons), Turkey (X tons) and Tajikistan (X tons) were the main destinations of iron household articles exports from Kazakhstan, with a combined X% share of total exports.

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

In value terms, the largest markets for iron household articles exported from Kazakhstan were Russia ($X), Turkey ($X) and Ukraine ($X), together accounting for X% of total exports.

Ukraine, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron household articles export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Tajikistan ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Iron Household Articles Imports

Imports into Kazakhstan

In 2022, purchases abroad of table, kitchen or household articles and parts of iron decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, iron household articles imports contracted to $X in 2022. In general, total imports indicated perceptible 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, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of iron household articles imports to Kazakhstan, with a combined X% share of total imports. Uzbekistan and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron household articles suppliers to Kazakhstan were Russia ($X), China ($X) and Turkey ($X), together accounting for X% of total imports. Uzbekistan and Ukraine lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 iron household articles import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure 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 Russia ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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