Report Update Nov 1, 2024

Kazakhstan - Iron or Steel Spring Washers - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Metal Spring Washer Market 2024

Metal Spring Washer Market Size in Kazakhstan

The Kazakh metal spring washer market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption saw resilient growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Metal Spring Washer Exports

Exports from Kazakhstan

Metal spring washer exports from Kazakhstan soared to X tons in 2022, growing by 408% compared with the year before. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal spring washer exports surged to $X in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for metal spring washer exports from Kazakhstan, with a 95% share of total exports. Moreover, metal spring washer exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +97.5%.

In value terms, Russia ($X) remains the key foreign market for iron or steel spring washers exports from Kazakhstan, comprising 81% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 3.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +94.1%.

Export Prices by Country

The average metal spring washer export price stood at $X per ton in 2022, declining by -49.4% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of 35% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+88.3%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Spring Washer Imports

Imports into Kazakhstan

In 2022, approx. X tons of iron or steel spring washers were imported into Kazakhstan; growing by 204% compared with the previous year. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2018 when imports increased by 223%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, metal spring washer imports surged to $X in 2022. In general, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest metal spring washer supplier to Kazakhstan, with a 76% share of total imports. Moreover, metal spring washer imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.3%.

In value terms, China ($X) constituted the largest supplier of iron or steel spring washers to Kazakhstan, comprising 67% of total imports. The second position in the ranking was held by Russia ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +38.8%.

Import Prices by Country

The average metal spring washer import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price showed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel spring washers in the world?

China remains the largest metal spring washer consuming country worldwide, accounting for 24% of total volume. Moreover, metal spring washer consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of iron or steel spring washers in the world?

China remains the largest metal spring washer producing country worldwide, comprising approx. 32% of total volume. Moreover, metal spring washer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of iron or steel spring washers to Kazakhstan?

In value terms, China and Russia were the largest metal spring washer suppliers to Kazakhstan.

What are the leading importers of iron or steel spring washers from Kazakhstan?

In value terms, Sweden remains the key foreign market for metal spring washer exports from Kazakhstan, comprising 55% of total exports. The second position in the ranking was occupied by Russia, with a 21% share of total exports. It was followed by Uzbekistan, with a 3.6% share.

What is the average export price for iron or steel spring washers in Kazakhstan?

The average metal spring washer export price stood at $5,128 per ton in 2021, dropping by -11.5% against the previous year.

What is the average import price for iron or steel spring washers in Kazakhstan?

The average metal spring washer import price stood at $5,153 per ton in 2021, picking up by 33% against the previous year.

This report provides an in-depth analysis of the metal spring washer 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 25941210 - Iron or steel spring washers and other lock washers

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023