FerroAlloys Market Overview in Kazakhstan
In value terms, ferroalloys production dropped to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Kazakhstan production peaked at $ in 2017; however, from 2018 to 2019, production remained at a lower figure.
The revenue of the ferroalloys market in Kazakhstan shrank to $ in 2019, waning by -% 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, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by % against the previous year. Kazakhstan consumption peaked at $ in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.