Kazakhstan: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Kazakhstan

In 2021, the Kazakh concrete reinforcing wire rod market increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% 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 +X% against 2016 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Exports of Wire Rod Used For Concrete Reinforcing

Exports from Kazakhstan

In 2021, overseas shipments of wire rod used for concrete reinforcing increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete reinforcing wire rod exports soared to $X in 2021. In general, exports recorded a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan (X tons) was the main destination for concrete reinforcing wire rod exports from Kazakhstan, accounting for a X% share of total exports. Moreover, concrete reinforcing wire rod exports to Uzbekistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), sevenfold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Uzbekistan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Russia (-X% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for concrete reinforcing wire rod exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Tajikistan (-X% per year).

Export Prices by Country

The average concrete reinforcing wire rod export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Russia ($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 Tajikistan (+X%), while the prices for the other major destinations experienced a decline.

Imports of Wire Rod Used For Concrete Reinforcing

Imports into Kazakhstan

In 2021, supplies from abroad of wire rod used for concrete reinforcing increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +X% 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 +X% against 2017 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, concrete reinforcing wire rod imports stood at $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +X% 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 decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the main concrete reinforcing wire rod supplier to Kazakhstan, with a X% share of total imports. Moreover, concrete reinforcing wire rod imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +X%.

In value terms, Russia ($X) constituted the largest supplier of concrete reinforcing wire rod to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia was relatively modest.

Import Prices by Country

In 2021, the average concrete reinforcing wire rod import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Platform