Kazakhstan - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingKazakhstan: Mineral Wool Market 2024
Mineral Wool Market Size in Kazakhstan
The Kazakh mineral wool market skyrocketed to $X in 2021, growing by 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.4% against 2017 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.
Mineral Wool Exports
Exports from Kazakhstan
In 2021, after three years of growth, there was significant decline in shipments abroad of slag wool, rock wool and similar mineral wools and mixtures, when their volume decreased by -15.1% to X tons. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 200% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined remarkably in the following year.
In value terms, mineral wool exports skyrocketed to $X in 2021. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 170% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
Exports by Country
Uzbekistan (X tons) was the main destination for mineral wool exports from Kazakhstan, accounting for a 59% share of total exports. Moreover, mineral wool exports to Uzbekistan exceeded the volume sent to the second major destination, Russia (X tons), twofold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan totaled +143.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+4.7% per year) and Kyrgyzstan (+79.1% per year).
In value terms, Uzbekistan ($X) remains the key foreign market for slag wool, rock wool and similar mineral wools and mixtures exports from Kazakhstan, comprising 74% of total exports. The second position in the ranking was held by Russia ($X), with an 18% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan stood at +101.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+2.8% per year) and Kyrgyzstan (+59.3% per year).
Export Prices by Country
In 2021, the average mineral wool export price amounted to $X per ton, increasing by 68% against the previous year. In general, the export price saw a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($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 Russia (-1.8%), while the prices for the other major destinations experienced a decline.
Mineral Wool Imports
Imports into Kazakhstan
Mineral wool imports into Kazakhstan rose remarkably to X tons in 2021, with an increase of 13% compared with the previous year. In general, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 62%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, mineral wool imports soared to $X in 2021. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.0% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 36%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.
Imports by Country
In 2021, Russia (X tons) was the main mineral wool supplier to Kazakhstan, accounting for a approx. 98% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +11.8%.
In value terms, Russia ($X) constituted the largest supplier of slag wool, rock wool and similar mineral wools and mixtures to Kazakhstan.
From 2012 to 2021, the average annual growth rate of value from Russia totaled +4.2%.
Import Prices by Country
The average mineral wool import price stood at $X per ton in 2021, increasing by 11% against the previous year. In general, the import price, however, recorded a deep reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -6.8% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the mineral wool market in Asia.
This report provides an in-depth analysis of the global mineral wool market.
This report provides an in-depth analysis of the mineral wool market in the EU.
This report provides an in-depth analysis of the mineral wool market in the U.S..
This report provides an in-depth analysis of the mineral wool market in China.