Kazakhstan: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Kazakhstan

The Kazakh market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips rose significantly to $X in 2021, picking up by 9.9% against the previous year. In general, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Kazakhstan

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021 estimated in export price. Over the period under review, production recorded a prominent increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 93% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Kazakhstan

In 2021, the amount of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exported from Kazakhstan dropped significantly to X kg, waning by -73.6% compared with 2020. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2015 when exports increased by 670%. Over the period under review, the exports of hit record highs at X kg in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips contracted dramatically to $X in 2021. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 496% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Kazakhstan, accounting for a 57% share of total exports. Moreover, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Russia exceeded the volume sent to the second major destination, Ukraine (X kg), fourfold. The UK (X kg) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+12.2% per year) and the UK (+8.0% per year).

In value terms, Russia ($X) remains the key foreign market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports from Kazakhstan, comprising 53% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 15% share of total exports. It was followed by Ukraine, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+10.2% per year) and Ukraine (+28.9% per year).

Export Prices by Country

The average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, with a decrease of -23% against the previous year. Overall, the export price recorded a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of 66% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1,372.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Kazakhstan

In 2021, overseas purchases of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips decreased by -10.7% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 147% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips shrank to $X in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.8% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 56%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest unmounted tool inserts, sticks or plates supplier to Kazakhstan, accounting for a 80% share of total imports. Moreover, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Israel (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.1% per year) and Israel (+88.7% per year).

In value terms, Russia ($X) constituted the largest supplier of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Kazakhstan, comprising 49% of total imports. The second position in the ranking was taken by Israel ($X), with a 13% share of total imports. It was followed by Japan, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+97.5% per year) and Japan (+51.5% per year).

Import Prices by Country

The average import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, with an increase of 10% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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