Kazakhstan: Market for Iron or Steel Wire Products 2025

Market Size for Iron or Steel Wire Products in Kazakhstan

The Kazakh market for iron or steel wire products surged to $X in 2022, increasing by X% 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). Overall, the total consumption indicated buoyant 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Exports of Iron or Steel Wire Products

Exports from Kazakhstan

In 2022, the amount of iron or steel wire products exported from Kazakhstan surged to X tons, rising by X% on 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, iron or steel wire product exports surged to $X in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Uzbekistan (X tons) was the main destination for iron or steel wire product exports from Kazakhstan, accounting for a X% share of total exports. Moreover, iron or steel wire product exports to Uzbekistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Russia (X% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for iron or steel wire products exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average export price for iron or steel wire products amounted to $X per ton, dropping by X% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan ($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 (X%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Wire Products

Imports into Kazakhstan

Iron or steel wire product imports into Kazakhstan skyrocketed to X tons in 2022, with an increase of X% on the previous year's figure. Over the period under review, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, iron or steel wire product imports soared to $X in 2022. In general, total imports indicated buoyant 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest iron or steel wire product supplier to Kazakhstan, with a X% share of total imports. Moreover, iron or steel wire product imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), fivefold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and China (X% per year).

In value terms, Russia ($X) constituted the largest supplier of iron or steel wire products to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

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

Import Prices by Country

The average import price for iron or steel wire products stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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