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.
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