Kazakhstan: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Kazakhstan

The Kazakh phosphinates and phosphonates market contracted modestly to $X in 2022, falling by -3.2% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Phosphinates and phosphonates consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Phosphinates And Phosphonates Production in Kazakhstan

In value terms, phosphinates and phosphonates production contracted slightly to $X in 2022 estimated in export price. In general, production saw a mild curtailment. The growth pace was the most rapid in 2014 when the production volume increased by 29% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Phosphinates And Phosphonates Exports

Exports from Kazakhstan

After nine years of decline, shipments abroad of phosphinates (hypophosphites) and phosphonates (phosphites) increased by 3.3% to X tons in 2022. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, phosphinates and phosphonates exports rose significantly to $X in 2022. In general, exports, however, recorded a sharp contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for phosphinates and phosphonates exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at -19.8%.

In value terms, Russia ($X) also remains the key foreign market for phosphinates (hypophosphites) and phosphonates (phosphites) exports from Kazakhstan.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to -21.7%.

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, surging by 2.6% against the previous year. In general, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.4% per year.

Phosphinates And Phosphonates Imports

Imports into Kazakhstan

In 2022, approx. X tons of phosphinates (hypophosphites) and phosphonates (phosphites) were imported into Kazakhstan; rising by 29% compared with 2021. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 13,686% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 6,542% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of phosphinates and phosphonates to Kazakhstan, accounting for a 83% share of total imports. Moreover, phosphinates and phosphonates imports from Belgium exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. The third position in this ranking was held by Russia (X tons), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +46.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.1% per year) and Russia (-1.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Kazakhstan, comprising 90% of total imports. The second position in the ranking was taken by Turkey ($X), with a 6.3% share of total imports. It was followed by Russia, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +43.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.6% per year) and Russia (-9.1% per year).

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, with an increase of 1.8% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :