Kazakhstan: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Kazakhstan

The Kazakh barium or aluminium sulphates market reduced slightly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in Kazakhstan

In value terms, barium or aluminium sulphates production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 35% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports from Kazakhstan

In 2022, after four years of growth, there was significant decline in shipments abroad of sulphates of barium or aluminium, when their volume decreased by -92.4% to X tons. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 348% against the previous year. The exports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, barium or aluminium sulphates exports contracted notably to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 355% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) and Kyrgyzstan (X tons) were the main destinations of barium or aluminium sulphates exports from Kazakhstan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +31.1%).

In value terms, Russia ($X) emerged as the key foreign market for sulphates of barium or aluminium exports from Kazakhstan, comprising 76% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to -10.9%.

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2022, increasing by 177% against the previous year. In general, the export price saw moderate growth. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.3%), while the prices for the other major destinations experienced a decline.

Imports of Sulphates Of Barium Or Aluminium

Imports into Kazakhstan

In 2022, barium or aluminium sulphates imports into Kazakhstan soared to X tons, rising by 20% on the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 56%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports surged to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.0% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of barium or aluminium sulphates to Kazakhstan, accounting for a 70% share of total imports. Moreover, barium or aluminium sulphates imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+75.0% per year) and Turkey (+65.9% per year).

In value terms, Russia ($X) constituted the largest supplier of sulphates of barium or aluminium to Kazakhstan, comprising 56% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Poland, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.5% per year) and Poland (+64.3% per year).

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2022, growing by 37% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium or aluminium sulphates import price increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 73%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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