Kazakhstan: Cement Market 2024

Cement Market Size in Kazakhstan

In 2022, the Kazakh cement market increased by 5.3% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a mild descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cement Production in Kazakhstan

In value terms, cement production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decrease. The growth pace was the most rapid in 2018 with an increase of 24% against the previous year. Cement production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cement Exports

Exports from Kazakhstan

In 2022, exports of cement from Kazakhstan reduced dramatically to X tons, declining by -34.4% compared with the previous year. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 415%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement exports reduced notably to $X in 2022. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2016 with an increase of 270% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) was the main destination for cement exports from Kazakhstan, with a 56% share of total exports. Moreover, cement exports to Uzbekistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), twofold. Russia (X tons) ranked third in terms of total exports with a 20% share.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan amounted to +95.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+25.4% per year) and Russia (+14.3% per year).

In value terms, Uzbekistan ($X), Russia ($X) and Kyrgyzstan ($X) appeared to be the largest markets for cement exported from Kazakhstan worldwide, together accounting for 99% of total exports.

Among the main countries of destination, Uzbekistan, with a CAGR of +81.7%, 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 cement export price stood at $X per ton in 2022, with an increase of 1.6% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+45.3%), while the prices for the other major destinations experienced a decline.

Cement Imports

Imports into Kazakhstan

In 2022, approx. X tons of cement were imported into Kazakhstan; waning by -9.6% compared with the previous year's figure. Over the period under review, imports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of 49%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cement imports reduced to $X in 2022. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 56%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of cement to Kazakhstan, with a 78% share of total imports. Moreover, cement imports from Russia exceeded the figures recorded by the second-largest supplier, Iran (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Russia was relatively modest.

In value terms, Russia ($X) constituted the largest supplier of cement to Kazakhstan, comprising 81% of total imports. The second position in the ranking was taken by Iran ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia stood at -6.4%.

Import Prices by Country

In 2022, the average cement import price amounted to $X per ton, increasing by 6.6% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Russia ($X per ton), while the price for Iran stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :