From 2013 to 2023, Kazakhstan's asbestos production witnessed significant fluctuations, starting at 243.4 Thousand Metric Tons in 2013 and declining considerably until 2015. It then fluctuated before gradually stabilizing and slightly increasing, reaching 229.1 Thousand Metric Tons in 2023. The production forecast from 2024 to 2028 anticipates modest annual growth, with values expected to reach 237.59 Thousand Metric Tons by 2028.
The year-on-year variations over the last two years indicate a near-stable state with slight increases, recording 0.77% in 2023. Over the last five years, the compound annual growth rate (CAGR) stands at 2.46%, pointing to a steady recovery since 2018.
Future trends to watch for include:
- Environmental regulations impacting asbestos use and production
- Market demand shifts due to health concerns
- Potential technological advancements in asbestos alternatives
- Global economic conditions influencing export demand
