Kazakhstan: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Kazakhstan

In 2021, after two years of decline, there was significant growth in the Kazakh gravel and crushed stone market, when its value increased by 9.9% to $X. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.5% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Gravel And Crushed Stone in Kazakhstan

In value terms, gravel and crushed stone production rose remarkably to $X in 2021 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -28.2% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 25%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Gravel And Crushed Stone

Exports from Kazakhstan

In 2021, gravel and crushed stone exports from Kazakhstan reduced notably to X tons, which is down by -29.3% on 2020 figures. Over the period under review, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 93% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, gravel and crushed stone exports rose notably to $X in 2021. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 75% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons) was the main destination for gravel and crushed stone exports from Kazakhstan, with a 85% share of total exports. Moreover, gravel and crushed stone exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-4.7% per year) and Uzbekistan (+4.6% per year).

In value terms, Russia ($X) remains the key foreign market for gravel and crushed stone exports from Kazakhstan, comprising 78% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-10.4% per year) and Uzbekistan (+13.7% per year).

Export Prices by Country

In 2021, the average gravel and crushed stone export price amounted to $X per ton, with an increase of 55% against the previous year. Overall, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 62%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Gravel And Crushed Stone

Imports into Kazakhstan

In 2021, gravel and crushed stone imports into Kazakhstan contracted sharply to X tons, waning by -29.7% on 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of X tons, and then declined notably in the following year.

In value terms, gravel and crushed stone imports expanded sharply to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons) constituted the largest gravel and crushed stone supplier to Kazakhstan, with a 70% share of total imports. Moreover, gravel and crushed stone imports from Russia exceeded the figures recorded by the second-largest supplier, Kyrgyzstan (X tons), sevenfold. China (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (+70.3% per year) and China (-6.6% per year).

In value terms, Russia ($X) constituted the largest supplier of gravel and crushed stone to Kazakhstan, comprising 81% of total imports. The second position in the ranking was held by China ($X), with a 7.6% share of total imports. It was followed by Uzbekistan, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.2% per year) and Uzbekistan (+1.2% per year).

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, growing by 61% against the previous year. In general, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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