Kazakhstan: Market for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals 2024

Market Size for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Kazakhstan

The Kazakh compounds of rare-earth metals market stood at $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Kazakhstan

In value terms, compounds of rare-earth metals production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Exports from Kazakhstan

In 2022, shipments abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals increased by X% to X tons, rising for the third year in a row after four years of decline. Over the period under review, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, compounds of rare-earth metals exports skyrocketed to $X in 2022. Overall, exports continue to indicate a modest increase. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for compounds of rare-earth metals exports from Kazakhstan, accounting for a X% share of total exports. It was followed by Russia (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) remains the key foreign market for compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%.

Export Prices by Country

The average compounds of rare-earth metals export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The export price peaked at $X per ton 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 China ($X per ton), while the average price for exports to Russia amounted to $X per ton.

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

Imports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Imports into Kazakhstan

In 2022, supplies from abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, compounds of rare-earth metals imports declined to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main supplier of compounds of rare-earth metals to Kazakhstan, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals to Kazakhstan.

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%.

Import Prices by Country

In 2022, the average compounds of rare-earth metals import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, 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 X% per year.

Source: IndexBox Platform

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