Report Update Mar 1, 2025

Kazakhstan - Permanent Magnets of Metal - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Metal Permanent Magnet Market 2025

Metal Permanent Magnet Market Size in Kazakhstan

The Kazakh metal permanent magnet market reduced to $X in 2022, waning by -14.2% 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, posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metal Permanent Magnet Exports

Exports from Kazakhstan

After two years of decline, overseas shipments of metal permanent magnets increased by 1,413% to X tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal permanent magnet exports surged to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 855%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for metal permanent magnet exports from Kazakhstan, with a 96% share of total exports. It was followed by South Korea (X kg), with a 2.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +37.2%.

In value terms, Russia ($X) remains the key foreign market for metal permanent magnets exports from Kazakhstan, comprising 96% of total exports. The second position in the ranking was taken by South Korea ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +52.9%.

Export Prices by Country

In 2022, the average metal permanent magnet export price amounted to $X per ton, which is down by -53.1% against the previous year. Over the period under review, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 72%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to South Korea amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+71.5%).

Metal Permanent Magnet Imports

Imports into Kazakhstan

In 2022, imports of metal permanent magnets into Kazakhstan fell remarkably to X tons, reducing by -28.1% compared with 2021. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 108% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, metal permanent magnet imports soared to $X in 2022. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 242% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Russia (X tons) and South Africa (X tons) were the main suppliers of metal permanent magnet imports to Kazakhstan, together comprising 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +88.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and Russia ($X) constituted the largest metal permanent magnet suppliers to Kazakhstan, with a combined 66% share of total imports. South Africa and Italy lagged somewhat behind, together comprising a further 18%.

South Africa, with a CAGR of +109.8%, saw 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 2022, the average metal permanent magnet import price amounted to $X per ton, surging by 87% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for metal permanent magnets in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 48% of global consumption. Mexico, Indonesia, Japan, Germany, Canada, Saudi Arabia, Italy, South Korea, the Philippines and Thailand lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of metal permanent magnets in the world?

The country with the largest volume of metal permanent magnet production was China, comprising approx. 50% of total volume. Moreover, metal permanent magnet production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. India ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of metal permanent magnets to Kazakhstan?

In value terms, the largest metal permanent magnet suppliers to Kazakhstan were Germany, Lithuania and the Czech Republic, together accounting for 41% of total imports.

What are the leading importers of metal permanent magnets from Kazakhstan?

In value terms, Uzbekistan remains the key foreign market for metal permanent magnet exports from Kazakhstan, comprising 86% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 7.7% share of total exports. It was followed by Belarus, with a 3.5% share.

What is the average export price for metal permanent magnets in Kazakhstan?

In 2021, the average metal permanent magnet export price amounted to $12 per unit, picking up by 43% against the previous year.

What is the average import price for metal permanent magnets in Kazakhstan?

The average metal permanent magnet import price stood at $28 per unit in 2021, with an increase of 115% against the previous year.

This report provides an in-depth analysis of the metal permanent magnet 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 25992995 - Permanent magnets and articles intended to become permanent magnets, of metal

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024