Kazakhstan: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2024

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Kazakhstan

The Kazakh market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment fell slightly to $X in 2022, waning by -1.5% against the previous year. Over the period under review, consumption, however, recorded a resilient expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Kazakhstan

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 57% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from Kazakhstan

In 2022, overseas shipments of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -2.7% to X tons for the first time since 2013, thus ending a eight-year rising trend. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 67%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment shrank to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2014 when exports increased by 50%. The exports peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Russia (X tons) was the main destination for exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +8.0%.

In value terms, Russia ($X) also remains the key foreign market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exports from Kazakhstan.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +7.0%.

Export Prices by Country

The average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 5.4% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.9% per year.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into Kazakhstan

In 2022, overseas purchases of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment increased by 222% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment shrank significantly to $X in 2022. Overall, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 221% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplier to Kazakhstan, with a 62% share of total imports. Moreover, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Lithuania (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +71.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.4% per year) and Lithuania (-8.6% per year).

In value terms, China ($X), Russia ($X) and Germany ($X) were the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment suppliers to Kazakhstan, together accounting for 95% of total imports.

In terms of the main suppliers, China, with a CAGR of +49.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, with a decrease of -78.6% against the previous year. Overall, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then shrank markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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