Report Update Nov 1, 2024

Kazakhstan - Argon - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Argon Market 2024

Argon Market Size in Kazakhstan

The Kazakh argon market reduced slightly to $X in 2022, declining by -2.6% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Argon Production in Kazakhstan

In value terms, argon production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 8.2% against the previous year. Argon production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Argon Exports

Exports from Kazakhstan

Argon exports from Kazakhstan was estimated at X cubic meters in 2022, growing by 10% compared with the previous year. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 1,147%. Over the period under review, the exports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, argon exports contracted slightly to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 450% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X cubic meters) was the main destination for argon exports from Kazakhstan, accounting for a 87% share of total exports. Moreover, argon exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X cubic meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +40.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+52.1% per year) and Kyrgyzstan (-6.1% per year).

In value terms, the largest markets for argon exported from Kazakhstan were Uzbekistan ($X), Russia ($X) and Kyrgyzstan ($X), with a combined 68% share of total exports.

Uzbekistan, with a CAGR of +38.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average argon export price stood at $X per cubic meter in 2022, falling by -9.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per cubic meter), while the average price for exports to Russia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+1.1%), while the prices for the other major destinations experienced a decline.

Argon Imports

Imports into Kazakhstan

In 2022, overseas purchases of argon were finally on the rise to reach X cubic meters after two years of decline. In general, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 48%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, argon imports fell to $X in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 30%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X cubic meters) was the main argon supplier to Kazakhstan, with a 91% share of total imports. Moreover, argon imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +4.1%.

In value terms, Russia ($X) constituted the largest supplier of argon to Kazakhstan, comprising 84% of total imports. The second position in the ranking was held by Ukraine ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled -4.8%.

Import Prices by Country

In 2022, the average argon import price amounted to $X per cubic meter, falling by -17.2% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 35%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per cubic meter), while the price for Russia totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for argon in the world?

The countries with the highest volumes of argon consumption in 2021 were the United States, China and India, together comprising 55% of global consumption. Brazil, Poland, Japan, Germany, Iran, the UK and Russia lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of argon in the world?

The countries with the highest volumes of argon production in 2021 were the United States, China and India, with a combined 56% share of global production. Brazil, Germany, Poland, Japan, Iran, the Netherlands and the UK lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of argon to Kazakhstan?

In value terms, Russia constituted the largest supplier of argon to Kazakhstan, comprising 82% of total imports. The second position in the ranking was occupied by Ukraine, with a 12% share of total imports.

What are the leading importers of argon from Kazakhstan?

In value terms, Uzbekistan and Russia constituted the largest markets for argon exported from Kazakhstan worldwide.

What is the average export price for argon in Kazakhstan?

The average argon export price stood at $0.3 per cubic meter in 2021, waning by -13.1% against the previous year.

What is the average import price for argon in Kazakhstan?

The average argon import price stood at $0.5 per cubic meter in 2021, which is down by -1.9% against the previous year.

This report provides an in-depth analysis of the argon 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 20111120 - Argon

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023