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gasreport: Central Asia – Kazakhstan



Within the 2018-2023 timeframe our forecast models predict growth from 2.9% p.a. in a low scenario to 3.2% p.a. in a high scenario. This should see the industry in Kazakhstan achieve revenues of between $143m to just over $145m by 2023.

The commercial industrial gases market in Kazakhstan generated revenues of approximately $75m in 2016. This was up from $29m in 2006, indicating an average annual growth rate of 10.0% p.a. for the decade.

Between 2006-2016, GDP in Kazakhstan grew by an average of 5.1% p.a. or 4.4% p.a. when adjusted for inflation. The economy has experienced good growth in this period. However, this rate of growth has slowed over the last two years.

Published: 2022

Report Data: 2021

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

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