Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan - 2024

Contents:

1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan (CIF) - 2022
2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan (FOB) - 2022
3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan
4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan (CIF) - 2022

In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $4 per unit, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34%. Over the period under review, average import prices hit record highs 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 Germany ($13 per unit), while the price for China ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced a decline.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $2.2 per unit, with an increase of 68% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Belarus ($3.2 per unit), while the average price for exports to Tajikistan ($624 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan

In 2022, imports of sanitary ware and parts thereof, of iron or steel into Kazakhstan dropped slightly to 3.2M units, remaining constant against the previous year's figure. Over the period under review, imports saw a noticeable decline. Over the period under review, imports of reached the peak figure at 3.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sanitary ware and parts thereof, of iron or steel rose markedly to $13M in 2022. The total import value increased at an average annual rate of +12.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Kazakhstan in 2022:

1. Russia (1496.4K units)
2. China (1302.3K units)
3. Germany (194.8K units)
4. Turkey (84.6K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Kazakhstan

In 2022, overseas shipments of sanitary ware and parts thereof, of iron or steel decreased by -15.2% to 3.3M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 3.9M units, and then fell rapidly in the following year.

In value terms, exports of sanitary ware and parts thereof, of iron or steel soared to $7.1M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Kazakhstan in 2022:

1. Russia (2799.9K units)
2. Kyrgyzstan (241.0K units)
3. Tajikistan (188.0K units)

Source: IndexBox Market Intelligence Platform