Overview
| Overview | 2006 | 2007 | 2008(estimated) |
|---|---|---|---|
| Total Market Size | 798 | 915 | 968 |
| Total Local Production | 78 | 88 | 92 |
| Total Exports | 4 | 5 | 6 |
| Total Imports | 724 | 832 | 880 |
| Imports from the U.S. | 65 | 70 | 76 |
In USD Million; Note: the above statistics are onofficial estimate based on Kazakhstan customs data and industry sources.
Best Products and Services
Taking into consideration the price increase for non- ferrous metals, gold, uranium and growing demand for coal, Kazakhstan’s mining industry is developing rapidly. Currently Kazakhstan is an attractive market for U.S. mining equipment/machinery suppliers. American companies can provide needed products and services to the Kazakhstani mining companies, such as bulldozers, drilling equipment, explosives, trucks, drill rigs, trams, cranes, crushing and pulverizing machinery, dredges, hydraulic excavators, quarrying machinery and equipment, elevators, compressors, hammer mills, special trucks, etc. Among the best sales prospects and services are diamond drilling contractors and people that perform geological, geochemical and geophysical surveying, equipment involved in bulk sampling such as a processing plant, small aircraft, fuel supplies and geological supplies like sample bags. American companies that can provide goods and services that address erosion, formation of sinkholes, loss of biodiversity, and contamination of groundwater and surface water by chemicals from the mining process and products, which may minimize the harm towards the environment, will also have great demand in Kazakhstan. Explosives also present interesting export opportunities in the region.
Opportunities
More than half of Kazakhstan’s mining, processing, and smelting enterprises use outdated equipment that is often in need of repair. Almost all lack environmentally friendly technologies. Kazakhstan does not have its own mining machinery industry and relies heavily on Russian imports. U.S. mining equipment firms should explore trade opportunities in used and refurbished equipment, as well as turnkey project management. Kazakhstan mining machinery demand will grow 9% yearly through 2009. Gains will be driven by an upswing in prices for copper, silver and gold and by strong demand for coal. U.S. mining equipment and services suppliers should target major players in the mining sector, such as Kazakhmys, Eurasian Natural Resources (ENRC), TNK Kazchrome, KazakhGold Group, ShalkiyaZinc, KazAtomProm and others.