Kazakhstan: Steel Railway Material Market 2025

Steel Railway Material Market Size in Kazakhstan

In 2022, after two years of growth, there was significant decline in the Kazakh steel railway material market, when its value decreased by -13.4% to $X. In general, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Steel Railway Material Production in Kazakhstan

In value terms, steel railway material production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 886%. Steel railway material production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Steel Railway Material Exports

Exports from Kazakhstan

In 2022, steel railway material exports from Kazakhstan soared to X tons, rising by 79% compared with the previous year. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 667% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, steel railway material exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 766% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Azerbaijan (X tons), Lithuania (X tons) and Russia (X tons) were the main destinations of steel railway material exports from Kazakhstan, together accounting for 93% of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +317.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Lithuania ($X) and Russia ($X) appeared to be the largest markets for steel railway material exported from Kazakhstan worldwide, with a combined 94% share of total exports.

In terms of the main countries of destination, Lithuania, with a CAGR of +355.4%, saw the highest rates of growth with regard to 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

In 2022, the average steel railway material export price amounted to $X per ton, surging by 12% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 38% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Lithuania ($X per ton), while the average price for exports to Uzbekistan ($X per ton) and Turkmenistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Railway Material Imports

Imports into Kazakhstan

In 2022, approx. X tons of railway material of steel were imported into Kazakhstan; which is down by -10.2% compared with the previous year's figure. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, steel railway material imports surged to $X in 2022. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of steel railway material to Kazakhstan, with a 62% share of total imports. Moreover, steel railway material imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled -11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+143.5% per year) and Germany (-10.8% per year).

In value terms, Russia ($X) constituted the largest supplier of railway material of steel to Kazakhstan, comprising 62% of total imports. The second position in the ranking was held by Turkey ($X), with a 23% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+127.7% per year) and Germany (-15.1% per year).

Import Prices by Country

In 2022, the average steel railway material import price amounted to $X per ton, increasing by 36% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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