Kazakhstan: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Kazakhstan

In 2021, after four years of growth, there was significant decline in the Kazakh market for iron or steel flat spiral or discs springs, when its value decreased by -46.7% to $X. In general, consumption continues to indicate a pronounced contraction. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank remarkably in the following year.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports from Kazakhstan

In 2021, metal spiral or discs spring exports from Kazakhstan rose notably to X tons, increasing by 11% against the previous year. In general, exports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when exports increased by 120% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal spiral or discs spring exports totaled $X in 2021. Overall, exports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2015 when exports increased by 302%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons), Belarus (X kg) and Tajikistan (X kg) were the main destinations of metal spiral or discs spring exports from Kazakhstan, together comprising 71% of total exports. These countries were followed by Russia, the United States, Kuwait, Austria, Azerbaijan, Ukraine and Turkmenistan, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +52.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal spiral or discs spring exported from Kazakhstan were Kyrgyzstan ($X), Tajikistan ($X) and Belarus ($X), together comprising 52% of total exports. These countries were followed by Russia, Kuwait, the United States, Austria, Turkmenistan, Ukraine, Azerbaijan and Malaysia, which together accounted for a further 18%.

Among the main countries of destination, Kuwait, with a CAGR of +69.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for iron or steel flat spiral or discs springs stood at $X per ton in 2021, which is down by -9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 116%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Azerbaijan ($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 Turkmenistan (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports into Kazakhstan

After three years of growth, overseas purchases of iron or steel flat spiral or discs springs decreased by -44.4% to X tons in 2021. Over the period under review, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2014 when imports increased by 191% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then reduced markedly in the following year.

In value terms, metal spiral or discs spring imports declined sharply to $X in 2021. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2014 with an increase of 218%. Over the period under review, imports reached the maximum at $X in 2020, and then dropped sharply in the following year.

Imports by Country

China (X tons), Russia (X tons) and Belarus (X tons) were the main suppliers of metal spiral or discs spring imports to Kazakhstan, together comprising 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +49.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal spiral or discs spring suppliers to Kazakhstan were Russia ($X), China ($X) and France ($X), together comprising 61% of total imports. Belarus, Germany, Lithuania, Italy and the United States lagged somewhat behind, together comprising a further 17%.

Belarus, with a CAGR of +29.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for iron or steel flat spiral or discs springs amounted to $X per ton, falling by -5.9% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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