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Report Update: Sep 1, 2023

Kazakhstan - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Tyre Cord Fabric Market 2023

Tyre Cord Fabric Market Size in Kazakhstan

The Kazakh tyre cord fabric market totaled $X in 2021, picking up by 2% against the previous year. Overall, consumption enjoyed a buoyant expansion. Tyre cord fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Tyre Cord Fabric Production in Kazakhstan

In value terms, tyre cord fabric production stood at $X in 2021 estimated in export price. Over the period under review, production posted buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 30%. Tyre cord fabric production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Tyre Cord Fabric Exports

Exports from Kazakhstan

In 2018, approx. X kg of tyre cord fabric of high tenacity yarn were exported from Kazakhstan; growing by 45% against the year before. Over the period under review, total exports indicated a significant increase from 2017 to 2018: its volume increased at an average annual rate of +45.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tyre cord fabric exports surged to $X in 2018. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X kg) was the main destination for tyre cord fabric exports from Kazakhstan, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

In value terms, Uzbekistan ($X) emerged as the key foreign market for tyre cord fabric of high tenacity yarn exports from Kazakhstan, comprising 99% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 1.2% share of total exports.

From 2017 to 2018, the average annual rate of growth in terms of value to Uzbekistan was relatively modest.

Export Prices by Country

In 2018, the average tyre cord fabric export price amounted to $X per ton, with an increase of 17% against the previous year. Over the last one years, it increased at an average annual rate of +17.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Uzbekistan stood at $X per ton.

From 2017 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+7,081.6%).

Tyre Cord Fabric Imports

Imports into Kazakhstan

In 2021, after two years of growth, there was significant decline in supplies from abroad of tyre cord fabric of high tenacity yarn, when their volume decreased by -14.2% to X tons. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 593%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tyre cord fabric imports declined remarkably to $X in 2021. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 687%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Russia (X tons) and India (X kg) were the main suppliers of tyre cord fabric imports to Kazakhstan, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +122.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric suppliers to Kazakhstan were Russia ($X), China ($X) and India ($X), together comprising 99% of total imports.

In terms of the main suppliers, Russia, with a CAGR of +92.7%, saw the highest rates of growth with regard to 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

The average tyre cord fabric import price stood at $X per ton in 2021, which is down by -46.8% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 199%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tyre cord fabric of high tenacity yarn in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, together comprising 34% of global consumption. These countries were followed by Germany, Indonesia, India, France, South Korea, Thailand, Mexico, the UK, Japan and Turkey, which together accounted for a further 30%.

What are the largest producers of tyre cord fabric of high tenacity yarn in the world?

China remains the largest tyre cord fabric producing country worldwide, comprising approx. 27% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Vietnam ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of tyre cord fabric of high tenacity yarn to Kazakhstan?

In value terms, Russia, China and India were the largest tyre cord fabric suppliers to Kazakhstan, together comprising 99% of total imports.

What are the leading importers of tyre cord fabric of high tenacity yarn from Kazakhstan?

In value terms, Uzbekistan emerged as the key foreign market for tyre cord fabric of high tenacity yarn exports from Kazakhstan, comprising 99% of total exports. The second position in the ranking was taken by Kyrgyzstan $31), with a 1.2% share of total exports.

What is the average export price for tyre cord fabric of high tenacity yarn in Kazakhstan?

The average tyre cord fabric export price stood at $5,468 per ton in 2018, increasing by 17% against the previous year.

What is the average import price for tyre cord fabric of high tenacity yarn in Kazakhstan?

In 2021, the average tyre cord fabric import price amounted to $3,523 per ton, which is down by -46.8% against the previous year.

This report provides an in-depth analysis of the tyre cord fabric market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

Country coverage:

• Kazakhstan

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Kazakhstan

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance