Kazakhstan: Market for Iron or Steel Hot-Worked Helical Springs 2025

Market Size for Iron or Steel Hot-Worked Helical Springs in Kazakhstan

The Kazakh metal hot-worked helical spring market contracted remarkably to $X in 2021, dropping by -32.6% 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). In general, consumption showed a deep setback. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports from Kazakhstan

In 2021, the amount of iron or steel hot-worked helical springs exported from Kazakhstan fell remarkably to X tons, waning by -18.7% on 2020 figures. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 271% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal hot-worked helical spring exports fell to $X in 2021. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 101% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for metal hot-worked helical spring exports from Kazakhstan, accounting for a 95% share of total exports. It was followed by Azerbaijan (X tons), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +100.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+49.1% per year) and Kyrgyzstan (+19.4% per year).

In value terms, Russia ($X) remains the key foreign market for iron or steel hot-worked helical springs exports from Kazakhstan, comprising 84% of total exports. The second position in the ranking was held by Azerbaijan ($X), with an 8.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +102.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+54.6% per year) and Kyrgyzstan (+32.8% per year).

Export Prices by Country

In 2021, the average metal hot-worked helical spring export price amounted to $X per ton, growing by 18% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 118%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Russia ($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 Kyrgyzstan (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports into Kazakhstan

In 2021, metal hot-worked helical spring imports into Kazakhstan declined remarkably to X tons, shrinking by -38.7% on 2020. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 111% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal hot-worked helical spring imports dropped dramatically to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 90% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), China (X tons) and Italy (X tons) were the main suppliers of metal hot-worked helical spring imports to Kazakhstan, together accounting for 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +8.8%), while imports for the other leaders experienced a decline.

In value terms, Russia ($X), China ($X) and the United States ($X) appeared to be the largest metal hot-worked helical spring suppliers to Kazakhstan, with a combined 67% share of total imports. Italy and Germany lagged somewhat behind, together comprising a further 9.2%.

Among the main suppliers, Italy, with a CAGR of +3.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average metal hot-worked helical spring import price amounted to $X per ton, rising by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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 the United States ($X per ton), while the price for China ($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 (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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