Report Update Nov 1, 2024

Kazakhstan - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Market for Welded And Cold-Formed Sections Of Steel 2024

Market Size for Welded And Cold-Formed Sections Of Steel in Kazakhstan

In 2022, the Kazakh market for welded and cold-formed sections of steel was finally on the rise to reach $X after three years of decline. In general, consumption saw buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Kazakhstan

In 2022, shipments abroad of welded and cold-formed sections of steel decreased by -99.8% to X kg, falling for the third consecutive year after four years of growth. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 229% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, welded and cold-formed steel sections exports shrank significantly to $X in 2022. Over the period under review, exports faced a dramatic contraction. The growth pace was the most rapid in 2019 when exports increased by 144% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X kg) was the main destination for welded and cold-formed steel sections exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan totaled -17.8%.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for welded and cold-formed sections of steel exports from Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value to Kyrgyzstan stood at -9.6%.

Export Prices by Country

The average export price for welded and cold-formed sections of steel stood at $X per ton in 2022, picking up by 74% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +9.9% per year.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Kazakhstan

In 2022, overseas purchases of welded and cold-formed sections of steel were finally on the rise to reach X tons after three years of decline. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 746%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, welded and cold-formed steel sections imports skyrocketed to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 666%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of welded and cold-formed steel sections to Kazakhstan, with a 88% share of total imports. Moreover, welded and cold-formed steel sections imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +15.3%.

In value terms, Russia ($X) constituted the largest supplier of welded and cold-formed sections of steel to Kazakhstan, comprising 81% of total imports. The second position in the ranking was held by China ($X), with a 7.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +10.2%.

Import Prices by Country

The average import price for welded and cold-formed sections of steel stood at $X per ton in 2022, dropping by -53.9% against the previous year. Overall, the import price recorded a noticeable decline. The growth pace was the most rapid in 2020 when the average import price increased by 43% against the previous year. The import price peaked at $X per ton in 2021, and then fell rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for welded and cold-formed sections of steel in the world?

China constituted the country with the largest volume of welded and cold-formed steel sections consumption, comprising approx. 24% of total volume. Moreover, welded and cold-formed steel sections consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 10% share.

What are the largest producers of welded and cold-formed sections of steel in the world?

The country with the largest volume of welded and cold-formed steel sections production was China, comprising approx. 25% of total volume. Moreover, welded and cold-formed steel sections production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of welded and cold-formed sections of steel to Kazakhstan?

In value terms, South Korea constituted the largest supplier of welded and cold-formed steel sections to Kazakhstan, comprising 67% of total imports. The second position in the ranking was occupied by Russia, with a 24% share of total imports.

What are the leading importers of welded and cold-formed sections of steel from Kazakhstan?

In value terms, Russia emerged as the key foreign market for welded and cold-formed steel sections exports from Kazakhstan, comprising 85% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 10% share of total exports.

What is the average export price for welded and cold-formed sections of steel in Kazakhstan?

The average export price for welded and cold-formed sections of steel stood at $1,829 per ton in 2021, shrinking by -45.7% against the previous year.

What is the average import price for welded and cold-formed sections of steel in Kazakhstan?

The average import price for welded and cold-formed sections of steel stood at $3,205 per ton in 2021, increasing by 53% against the previous year.

This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
Prodcom 2410T260 - Welded sections

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:

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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
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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