Kazakhstan: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2025

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Kazakhstan

In 2021, the Kazakh market for railway or tramway track construction material of iron or steel increased by 25% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a precipitous decline. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Kazakhstan

In 2021, shipments abroad of railway or tramway track construction material of iron or steel decreased by -18.3% to X tons, falling for the fifth year in a row after two years of growth. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by 91%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel fell to $X in 2021. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 99%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of railway or tramway track construction material of iron or steel from Kazakhstan, accounting for a 60% share of total exports. Moreover, exports of railway or tramway track construction material of iron or steel to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. Belarus (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-18.8% per year) and Belarus (+69.9% per year).

In value terms, Russia ($X) remains the key foreign market for railway or tramway track construction material of iron or steel exports from Kazakhstan, comprising 57% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 22% share of total exports. It was followed by Belarus, with an 18% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-8.3% per year) and Belarus (+104.0% per year).

Export Prices by Country

In 2021, the average export price for railway or tramway track construction material of iron or steel amounted to $X per ton, with an increase of 11% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for railway or tramway track construction material of iron or steel increased by +85.4% against 2014 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Kyrgyzstan ($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 Belarus (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Kazakhstan

In 2021, supplies from abroad of railway or tramway track construction material of iron or steel increased by 19% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a sharp contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a dramatic slump. The pace of growth appeared the most rapid in 2018 with an increase of 34% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest iron and steel railway construction materials supplier to Kazakhstan, with a 62% share of total imports. Moreover, imports of railway or tramway track construction material of iron or steel from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+167.4% per year) and Germany (-12.3% per year).

In value terms, the largest iron and steel railway construction materials suppliers to Kazakhstan were Russia ($X), Turkey ($X) and Germany ($X), together accounting for 92% of total imports.

Among the main suppliers, Turkey, with a CAGR of +143.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for railway or tramway track construction material of iron or steel amounted to $X per ton, rising by 5.3% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for railway or tramway track construction material of iron or steel decreased by -6.2% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 38%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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