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

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Kazakhstan: Chromium Market 2021

Chromium Market Size in Kazakhstan

In 2020, the Kazakh chromium market decreased by -X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption enjoyed a strong expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Chromium Production in Kazakhstan

In value terms, chromium production contracted remarkably to $X in 2020 estimated in export prices. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Chromium Exports

Exports from Kazakhstan

In 2020, overseas shipments of chromium decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, chromium exports totaled $X in 2020. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for chromium exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at -X%.

In value terms, Germany ($X) also remains the key foreign market for chromium exports from Kazakhstan.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled -X%.

Export Prices by Country

In 2020, the average chromium export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2019 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to +X% per year.

Chromium Imports

Imports into Kazakhstan

In 2020, supplies from abroad of chromium increased by X% to X kg, rising for the fourth consecutive year after three years of decline. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X kg in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, chromium imports reached $X in 2020. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Russia (X kg) was the main supplier of chromium to Kazakhstan, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia stood at +X%.

In value terms, Russia ($X) constituted the largest supplier of chromium to Kazakhstan.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia amounted to +X%.

Import Prices by Country

In 2020, the average chromium import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price showed a modest increase. The pace of growth was the most pronounced in 2019 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium in the world?

South Africa remains the largest chromium consuming country worldwide, accounting for 46% of total volume. Moreover, chromium consumption in South Africa exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by Kazakhstan, with a 13% share.

What are the largest producers of chromium in the world?

South Africa remains the largest chromium producing country worldwide, accounting for 46% of total volume. Moreover, chromium production in South Africa exceeded the figures recorded by the second-largest producer, Turkey, twofold. Kazakhstan ranked third in terms of total production with a 13% share.

What are the leading suppliers of chromium to Kazakhstan?

In value terms, Russia constituted the largest supplier of chromium to Kazakhstan.

What are the leading importers of chromium from Kazakhstan?

In value terms, Germany remains the key foreign market for chromium exports from Kazakhstan.

What is the average export price for chromium in Kazakhstan?

In 2020, the average chromium export price amounted to $20,412 per ton, jumping by 30% against the previous year.

What is the average import price for chromium in Kazakhstan?

The average chromium import price stood at $20,989 per ton in 2020, approximately mirroring the previous year.

This report provides an in-depth analysis of the chromium 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 2025.

Product coverage:

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:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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