Kazakhstan: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2024

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Kazakhstan

The Kazakh market for iron, steel or aluminium reservoirs, tanks, vats and similar containers was finally on the rise to reach $X in 2023, after two years of decline. In general, consumption continues to indicate a modest expansion. Iron, steel or aluminium reservoir consumption peaked at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Kazakhstan

In 2023, overseas shipments of iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir exports reduced notably to $X in 2023. Over the period under review, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X units) was the main destination for iron, steel or aluminium reservoir exports from Kazakhstan, accounting for a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to Uzbekistan exceeded the volume sent to the second major destination, Russia (X units), threefold. Kyrgyzstan (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to Uzbekistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kyrgyzstan (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for iron, steel or aluminium reservoirs, tanks, vats and similar containers exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

In 2023, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per unit, rising by X% against the previous year. In general, the export price showed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Kazakhstan

In 2023, after three years of decline, there was significant growth in overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume increased by X% to X units. Over the period under review, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir imports surged to $X in 2023. Overall, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Russia (X units) constituted the largest iron, steel or aluminium reservoir supplier to Kazakhstan, with a X% share of total imports. Moreover, iron, steel or aluminium reservoir imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X units), twofold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and China (X% per year).

In value terms, Russia ($X) constituted the largest supplier of iron, steel or aluminium reservoirs, tanks, vats and similar containers to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2023, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform