Kazakhstan: Propellant Powders Market 2024

Propellant Powders Market Size in Kazakhstan

In 2021, the Kazakh propellant powders market decreased by -26% to $X, falling for the third consecutive year after four years of growth. Over the period under review, consumption showed a abrupt decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Propellant Powders Exports

Exports from Kazakhstan

In 2021, overseas shipments of propellant powders decreased by -11.2% to X tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 when exports increased by 71% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, propellant powders exports shrank sharply to $X in 2021. In general, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 92%. The exports peaked at $X in 2020, and then declined markedly in the following year.

Exports by Country

Russia (X tons) was the main destination for propellant powders exports from Kazakhstan, with a 90% share of total exports. Moreover, propellant powders exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +88.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-24.8% per year) and Kyrgyzstan (-27.2% per year).

In value terms, Russia ($X) remains the key foreign market for propellant powders exports from Kazakhstan, comprising 96% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +99.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-30.1% per year) and Kyrgyzstan (-34.2% per year).

Export Prices by Country

In 2021, the average propellant powders export price amounted to $X per ton, falling by -11.9% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The growth pace was the most rapid in 2020 when the average export price increased by 63%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan ($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 Russia (+5.7%), while the prices for the other major destinations experienced a decline.

Propellant Powders Imports

Imports into Kazakhstan

In 2021, purchases abroad of propellant powders decreased by -21.3% to X tons, falling for the third year in a row after four years of growth. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when imports increased by 65%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, propellant powders imports contracted remarkably to $X in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 79% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of propellant powders to Kazakhstan, with a 67% share of total imports. Moreover, propellant powders imports from Russia exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), fivefold. The third position in this ranking was taken by France (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-8.6% per year) and France (-16.5% per year).

In value terms, Russia ($X) constituted the largest supplier of propellant powders to Kazakhstan, comprising 61% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 21% share of total imports. It was followed by France, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-8.8% per year) and France (-16.3% per year).

Import Prices by Country

The average propellant powders import price stood at $X per ton in 2021, waning by -7.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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