Kazakhstan: Titanium Market 2024

Titanium Market Size in Kazakhstan

In 2022, the Kazakh titanium market increased by 46% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, recorded a slight downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Titanium Production in Kazakhstan

In value terms, titanium production shrank slightly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced slump. The growth pace was the most rapid in 2018 with an increase of 45% against the previous year. Titanium production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Titanium Exports

Exports from Kazakhstan

In 2022, titanium exports from Kazakhstan dropped markedly to X tons, declining by -16.7% against the year before. Overall, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of 62%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, titanium exports reduced dramatically to $X in 2022. In general, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 56%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons), China (X tons) and Russia (X tons) were the main destinations of titanium exports from Kazakhstan, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for titanium exported from Kazakhstan were the United States ($X), France ($X) and South Korea ($X), with a combined 44% share of total exports. China, Russia, Belgium, Japan, the UK, Germany and the Netherlands lagged somewhat behind, together accounting for a further 37%.

China, with a CAGR of +32.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 titanium export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 24%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Imports

Imports into Kazakhstan

Titanium imports into Kazakhstan skyrocketed to X tons in 2022, with an increase of 35% compared with the year before. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 1,154%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, titanium imports surged to $X in 2022. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 749%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest titanium supplier to Kazakhstan, accounting for a 55% share of total imports. Moreover, titanium imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+51.5% per year) and Germany (+10.4% per year).

In value terms, Ukraine ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Kazakhstan, comprising 48% of total imports. The second position in the ranking was held by Russia ($X), with a 20% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine amounted to +58.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+12.6% per year) and Germany (+4.6% per year).

Import Prices by Country

The average titanium import price stood at $X per ton in 2022, declining by -3% against the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 62%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 the UK ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :