Kazakhstan: Lithium Battery Market 2025

Lithium Battery Market Size in Kazakhstan

The Kazakh lithium battery market totaled $X in 2021, rising by 4.2% 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, however, saw a temperate expansion. Lithium battery consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Lithium Battery Exports

Exports from Kazakhstan

In 2021, overseas shipments of lithium cells ans batteries decreased by -20.1% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2014 when exports increased by 255% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, lithium battery exports rose notably to $X in 2021. In general, exports, however, showed a notable expansion. The growth pace was the most rapid in 2018 when exports increased by 157%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for lithium battery exports from Kazakhstan, accounting for a 98% share of total exports. It was followed by the Netherlands (X kg), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +39.8%.

In value terms, Russia ($X) remains the key foreign market for lithium cells ans batteries exports from Kazakhstan, comprising 93% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +59.8%.

Export Prices by Country

In 2021, the average lithium battery export price amounted to $X per ton, with an increase of 34% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium Battery Imports

Imports into Kazakhstan

Lithium battery imports into Kazakhstan contracted to X tons in 2021, with a decrease of -10.8% compared with 2020 figures. Over the period under review, imports, however, showed a mild expansion. The growth pace was the most rapid in 2017 when imports increased by 106% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, lithium battery imports soared to $X in 2021. In general, imports, however, posted a moderate expansion. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest lithium battery supplier to Kazakhstan, accounting for a 64% share of total imports. Moreover, lithium battery imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+10.2% per year) and South Korea (-19.9% per year).

In value terms, China ($X), Russia ($X) and South Korea ($X) appeared to be the largest lithium battery suppliers to Kazakhstan, together comprising 69% of total imports.

In terms of the main suppliers, Russia, with a CAGR of +15.7%, 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 lithium battery import price stood at $X per ton in 2021, jumping by 75% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform