Report Update Feb 1, 2025

Kazakhstan - Hollow Drill Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Hollow Drill Bar Market 2025

Hollow Drill Bar Market Size in Kazakhstan

The Kazakh hollow drill bar market reduced sharply to $X in 2021, which is down by -15.9% 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). Overall, consumption continues to indicate a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Hollow Drill Bar Exports

Exports from Kazakhstan

In 2021, approx. X tons of hollow drill bars and rods were exported from Kazakhstan; picking up by 31,322% against the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hollow drill bar exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan (X tons) and Russia (X tons) were the main destinations of hollow drill bar exports from Kazakhstan.

From 2016 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +31,650.0%).

In value terms, Russia ($X) emerged as the key foreign market for hollow drill bars and rods exports from Kazakhstan, comprising 72% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 28% share of total exports.

From 2016 to 2021, the average annual growth rate of value to Russia stood at +4,334.8%.

Export Prices by Country

In 2021, the average hollow drill bar export price amounted to $X per ton, with a decrease of -91.7% against the previous year. Over the period under review, the export price, however, showed a significant increase. The export price peaked at $X per ton in 2020, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-86.2%).

Hollow Drill Bar Imports

Imports into Kazakhstan

In 2021, hollow drill bar imports into Kazakhstan declined to X tons, waning by -5.6% against 2020 figures. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 200%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, hollow drill bar imports reduced to $X in 2021. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by 230% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Canada (X tons) constituted the largest hollow drill bar supplier to Kazakhstan, with a 62% share of total imports. Moreover, hollow drill bar imports from Canada exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. The third position in this ranking was held by Sweden (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Canada amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-19.6% per year) and Sweden (-10.4% per year).

In value terms, Canada ($X) constituted the largest supplier of hollow drill bars and rods to Kazakhstan, comprising 51% of total imports. The second position in the ranking was taken by Sweden ($X), with a 14% share of total imports. It was followed by Russia, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-10.8% per year) and Russia (-13.9% per year).

Import Prices by Country

In 2021, the average hollow drill bar import price amounted to $X per ton, which is down by -9% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hollow drill bar import price increased by +66.0% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30%. The import price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hollow drill bars and rods in the world?

China constituted the country with the largest volume of hollow drill bar consumption, accounting for 30% of total volume. Moreover, hollow drill bar consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. Japan ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of hollow drill bars and rods in the world?

China remains the largest hollow drill bar producing country worldwide, accounting for 50% of total volume. Moreover, hollow drill bar production in China exceeded the figures recorded by the second-largest producer, Sweden, threefold. Japan ranked third in terms of total production with a 14% share.

What are the leading suppliers of hollow drill bars and rods to Kazakhstan?

In value terms, Canada constituted the largest supplier of hollow drill bar to Kazakhstan, comprising 60% of total imports. The second position in the ranking was occupied by Sweden, with a 17% share of total imports. It was followed by Russia, with a 4.5% share.

What are the leading importers of hollow drill bars and rods from Kazakhstan?

In value terms, Kyrgyzstan remains the key foreign market for hollow drill bar exports from Kazakhstan.

What is the average export price for hollow drill bars and rods in Kazakhstan?

The average hollow drill bar export price stood at $7,134 per ton in 2021, rising by 6,494% against the previous year.

What is the average import price for hollow drill bars and rods in Kazakhstan?

In 2021, the average hollow drill bar import price amounted to $4,201 per ton, reducing by -1.6% against the previous year.

This report provides an in-depth analysis of the hollow drill bar market 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 24106700 - Hollow drill bars and rods

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