Report Update Feb 1, 2025

Kazakhstan - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2025

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Kazakhstan

In 2021, after three years of growth, there was decline in the Kazakh silicon-electrical steel flat-rolled product market, when its value decreased by -4.7% to $X. In general, consumption, however, showed resilient growth. Silicon-electrical steel flat-rolled product consumption peaked at $X in 2020, and then dropped modestly in the following year.

Production of Flat-Rolled Products Of Silicon-Electrical Steel in Kazakhstan

In value terms, silicon-electrical steel flat-rolled product production fell modestly to $X in 2021 estimated in export price. In general, production, however, recorded a prominent increase. The growth pace was the most rapid in 2019 when the production volume increased by 115% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Kazakhstan

In 2018, the amount of flat-rolled products of silicon-electrical steel exported from Kazakhstan fell significantly to X tons, shrinking by -90.5% compared with 2017. In general, exports showed a significant decline. Over the period under review, the exports reached the peak figure at X tons in 2017, and then shrank dramatically in the following year.

In value terms, silicon-electrical steel flat-rolled product exports shrank markedly to $X in 2018. Overall, exports showed a significant decline. Over the period under review, the exports hit record highs at $X in 2017, and then fell notably in the following year.

Exports by Country

Kyrgyzstan (X tons) was the main destination for silicon-electrical steel flat-rolled product exports from Kazakhstan, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual growth rate of volume to Kyrgyzstan amounted to -90.5%.

In value terms, Kyrgyzstan ($X) also remains the key foreign market for flat-rolled products of silicon-electrical steel exports from Kazakhstan.

From 2017 to 2018, the average annual growth rate of value to Kyrgyzstan stood at -89.6%.

Export Prices by Country

In 2018, the average silicon-electrical steel flat-rolled product export price amounted to $X per ton, increasing by 9.3% against the previous year. Over the last one-year period, it increased at an average annual rate of +9.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2018, the rate of growth in terms of prices for Kyrgyzstan amounted to +9.4% per year.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Kazakhstan

Silicon-electrical steel flat-rolled product imports into Kazakhstan skyrocketed to X tons in 2021, with an increase of 69% on 2020 figures. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicon-electrical steel flat-rolled product imports soared to $X in 2021. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main silicon-electrical steel flat-rolled product supplier to Kazakhstan, with a 93% share of total imports. Moreover, silicon-electrical steel flat-rolled product imports from Russia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +15.5%.

In value terms, Russia ($X) constituted the largest supplier of flat-rolled products of silicon-electrical steel to Kazakhstan, comprising 96% of total imports. The second position in the ranking was held by South Korea ($X), with a 4.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +10.7%.

Import Prices by Country

In 2021, the average silicon-electrical steel flat-rolled product import price amounted to $X per ton, surging by 27% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2016 an increase of 33%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 Russia ($X per ton), while the price for South Korea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-4.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat-rolled products of silicon-electrical steel in the world?

China constituted the country with the largest volume of silicon-electrical steel flat-rolled product consumption, accounting for 62% of total volume. Moreover, silicon-electrical steel flat-rolled product consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold. The third position in this ranking was occupied by India, with a 3.5% share.

What are the largest producers of flat-rolled products of silicon-electrical steel in the world?

China constituted the country with the largest volume of silicon-electrical steel flat-rolled product production, accounting for 64% of total volume. Moreover, silicon-electrical steel flat-rolled product production in China exceeded the figures recorded by the second-largest producer, Kazakhstan, more than tenfold. Japan ranked third in terms of total production with a 4.8% share.

What are the leading suppliers of flat-rolled products of silicon-electrical steel to Kazakhstan?

In value terms, Russia constituted the largest supplier of silicon-electrical steel flat-rolled product to Kazakhstan.

What are the leading importers of flat-rolled products of silicon-electrical steel from Kazakhstan?

In value terms, Kyrgyzstan remains the key foreign market for silicon-electrical steel flat-rolled product exports from Kazakhstan.

What is the average export price for flat-rolled products of silicon-electrical steel in Kazakhstan?

The average silicon-electrical steel flat-rolled product export price stood at $591 per ton in 2018, surging by 9.3% against the previous year.

What is the average import price for flat-rolled products of silicon-electrical steel in Kazakhstan?

The average silicon-electrical steel flat-rolled product import price stood at $1,312 per ton in 2021, with an increase of 10% against the previous year.

This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 2030.

Product coverage:

Prodcom 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024