Kazakhstan: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in Kazakhstan

In 2021, the Kazakh rubber-to-metal and moulded article market decreased by -11.4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption continues to indicate a relatively flat trend pattern. Rubber-to-metal and moulded article consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Kazakhstan

Rubber-to-metal and moulded article exports from Kazakhstan surged to X tons in 2021, growing by 41% on the previous year's figure. Overall, exports posted resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 787% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 495%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for rubber-to-metal and moulded article exports from Kazakhstan, accounting for a 78% share of total exports. Moreover, rubber-to-metal and moulded article exports to Russia exceeded the volume sent to the second major destination, Estonia (X tons), more than tenfold. The third position in this ranking was taken by Kyrgyzstan (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+53.4% per year) and Kyrgyzstan (+31.4% per year).

In value terms, Russia ($X) remains the key foreign market for rubber-to-metal and moulded articles exports from Kazakhstan, comprising 68% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 8.3% share of total exports. It was followed by Kyrgyzstan, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+146.1% per year) and Kyrgyzstan (+27.8% per year).

Export Prices by Country

In 2021, the average rubber-to-metal and moulded article export price amounted to $X per ton, with an increase of 4.2% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, rubber-to-metal and moulded article export price increased by +56.4% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 34%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Tajikistan ($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 Uzbekistan (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into Kazakhstan

In 2021, after two years of growth, there was significant decline in supplies from abroad of rubber-to-metal and moulded articles, when their volume decreased by -15.7% to X tons. Overall, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2020 with an increase of 37%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, rubber-to-metal and moulded article imports declined to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 58%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Russia (X tons) and Canada (X tons) were the main suppliers of rubber-to-metal and moulded article imports to Kazakhstan, together comprising 79% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +7.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), China ($X) and Canada ($X) appeared to be the largest rubber-to-metal and moulded article suppliers to Kazakhstan, with a combined 55% share of total imports.

Russia, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, among 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 rubber-to-metal and moulded article import price amounted to $X per ton, picking up by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2020 when the average import price increased by 16% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($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 (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :