Kazakhstan: Ferro-Manganese Market 2024

Ferro-Manganese Market Size in Kazakhstan

The Kazakh ferro-manganese market contracted to $X in 2022, dropping by -10.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Ferro-Manganese Exports

Exports from Kazakhstan

Ferro-manganese exports from Kazakhstan surged to X tons in 2022, with an increase of 31% on the previous year's figure. Over the period under review, exports showed a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 81% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-manganese exports stood at $X in 2022. In general, exports saw a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by 76%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Russia (X tons) and France (X tons) were the main destinations of ferro-manganese exports from Kazakhstan, together accounting for 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +43.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for ferro-manganese exports from Kazakhstan, comprising 70% of total exports. The second position in the ranking was held by Russia ($X), with a 14% share of total exports. It was followed by Uzbekistan, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +47.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-5.8% per year) and Uzbekistan (-4.1% per year).

Export Prices by Country

In 2022, the average ferro-manganese export price amounted to $X per ton, declining by -17.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 61%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ferro-Manganese Imports

Imports into Kazakhstan

In 2022, approx. X tons of ferro-manganese were imported into Kazakhstan; declining by -3.5% against the year before. Over the period under review, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2014 when imports increased by 122% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-manganese imports shrank to $X in 2022. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2014 with an increase of 71%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main supplier of ferro-manganese to Kazakhstan, with a 92% share of total imports. Moreover, ferro-manganese imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.7% per year) and Ukraine (-21.6% per year).

In value terms, Russia ($X) constituted the largest supplier of ferro-manganese to Kazakhstan, comprising 95% of total imports. The second position in the ranking was held by China ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-27.0% per year) and Ukraine (-26.3% per year).

Import Prices by Country

The average ferro-manganese import price stood at $X per ton in 2022, which is down by -2.2% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China ($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 (-3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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