Kazakhstan: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Kazakhstan

In 2020, after three years of growth, there was significant decline in the Kazakh market for iron or steel leaf-springs and leaves, when its value decreased by -X% to $X. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Kazakhstan

Exports of iron or steel leaf-springs and leaves from Kazakhstan skyrocketed to X tons in 2020, jumping by X% on 2019. In general, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, exports of iron or steel leaf-springs and leaves surged to $X in 2020. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Russia (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from Kazakhstan, accounting for a X% share of total exports. Moreover, exports of iron or steel leaf-springs and leaves to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold. The third position in this ranking was occupied by Azerbaijan (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+X% per year) and Azerbaijan (+X% per year).

In value terms, Russia ($X) remains the key foreign market for iron or steel leaf-spring and leave exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Tajikistan (-X% per year).

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan, while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Kazakhstan

In 2020, overseas purchases of iron or steel leaf-springs and leaves increased by X% to X tons, rising for the fourth year in a row after three years of decline. In general, total imports indicated a mild expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, imports of iron or steel leaf-springs and leaves declined to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Russia (X tons), China (X tons) and South Korea (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to Kazakhstan, with a combined X% share of total imports. These countries were followed by Iran, which accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and South Korea ($X) constituted the largest iron or steel leaf-spring and leave suppliers to Kazakhstan, with a combined X% share of total imports. These countries were followed by Iran, which accounted for a further X terms of the main suppliers, Iran (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price saw a slight contraction. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was South Korea ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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