Report Update Nov 1, 2024

Kazakhstan - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kazakhstan: Silver Ore Market 2024

Silver Ore Market Size in Kazakhstan

In 2021, the Kazakh silver ore market was finally on the rise to reach $X after two years of decline. Overall, consumption posted strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Silver Ore Production in Kazakhstan

In value terms, silver ore production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +87.7% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, production reached the peak level of $X, and then shrank modestly in the following year.

Silver Ore Exports

Exports from Kazakhstan

In 2021, overseas shipments of silver ores and concentrates decreased by -20% to X kg, falling for the eighth year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, silver ore exports contracted to $X in 2021. Overall, exports showed a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for silver ore exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China totaled -14.2%.

In value terms, China ($X) also remains the key foreign market for silver ore exports from Kazakhstan.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -1.0%.

Export Prices by Country

In 2021, the average silver ore export price amounted to $X per ton, picking up by 15% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +15.3% per year.

Silver Ore Imports

Imports into Kazakhstan

After two years of decline, overseas purchases of silver ores and concentrates increased by 478% to X tons in 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 1,478%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, silver ore imports surged to $X in 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 767%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Bolivia (X tons), Tajikistan (X tons) and Russia (X tons) were the main suppliers of silver ore imports to Kazakhstan.

From 2012 to 2021, the biggest increases were in Bolivia (with a CAGR of +515.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) constituted the largest supplier of silver ore to Kazakhstan, comprising 69% of total imports. The second position in the ranking was held by Russia ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Bolivia stood at +875.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+37.8% per year) and Tajikistan (0.0% per year).

Import Prices by Country

In 2021, the average silver ore import price amounted to $X per ton, waning by -8.9% against the previous year. In general, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 52%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while the price for Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (+58.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver ores and concentrates in the world?

The country with the largest volume of silver ore consumption was China, comprising approx. 79% of total volume. Moreover, silver ore consumption in China exceeded the figures recorded by the second-largest consumer, Russia, more than tenfold. The third position in this ranking was occupied by Peru, with a 2.9% share.

What are the largest producers of silver ores and concentrates in the world?

Peru remains the largest silver ore producing country worldwide, accounting for 46% of total volume. Moreover, silver ore production in Peru exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by South Africa, with a 12% share.

What are the leading suppliers of silver ores and concentrates to Kazakhstan?

In value terms, Bolivia constituted the largest supplier of silver ore to Kazakhstan, comprising 71% of total imports. The second position in the ranking was occupied by Russia, with a 29% share of total imports.

What are the leading importers of silver ores and concentrates from Kazakhstan?

In value terms, China remains the key foreign market for silver ore exports from Kazakhstan.

What is the average export price for silver ores and concentrates in Kazakhstan?

The average silver ore export price stood at $50,787 per ton in 2021, waning by -7.2% against the previous year.

What is the average import price for silver ores and concentrates in Kazakhstan?

In 2021, the average silver ore import price amounted to $70,714 per ton, picking up by 16% against the previous year.

This report provides an in-depth analysis of the silver ore market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291410 -

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023