Economy
Economy
The Gross Regional Product (GRP) of the Ulytau region for January-June 2024 amounted to $1,566.5 million at current prices, showing a 3.1% increase compared to the same period last year.
The main branches of the economy
Trade
The commodity exports of the Ulytau region for the first nine months of 2024 amounted to $2,709.3 million, which is 28.3% higher than the same period in 2023. Imports totaled $104.1 million, increasing by 15.2% compared to the corresponding period in 2023. The region's main export partners are China (67.0%), Turkey (25.3%), the United States (5.7%), and Russia (0.4%), which imported refined copper, zinc ores and concentrates, nickel ores and concentrates, gold, and coal.
2 709,3
Industry
In the structure of the country's industry, the share of the Ulytau region for the period from January to October 2024 amounted to 2.5%, or $1,996 million, showing a 14% increase compared to the same period last year, marking the highest growth in the country. The growth is primarily attributed to an increase in the production volume of the mining industry, quarry development, and extraction of metallic ores.
1 996
Agriculture
The volume of agricultural, forestry, and fisheries products for January-October 2024 amounted to $110.78 million.
110,78
Growth rates of economic sectors
Industry
(January-October 2024 compared to January-October 2023, %)
114,0
Building
(January-October 2024 compared to January-October 2023, %)
133,9
Transport
(January-October 2024 compared to January-October 2023, %)
90,6
Agriculture
(January-October 2024 compared to January-October 2023, %)
102,6
Trade
(January-October 2024 compared to January-October 2023, %)
102,8
Link
(January-October 2024 compared to January-October 2023, %)
118,3
The economy of the Ulytau region is defined by industry, the level of development of which is the main indicator of its socio-economic condition and stable social climate.
The industrial potential of the region is determined by large, medium, and small enterprises in the manufacturing and mining sectors. The largest share is concentrated in the production of non-ferrous and rare-earth metals.
The region is home to the largest copper producer in Kazakhstan, which operates a full production cycle: from ore extraction to finished product manufacturing, employing one-third of the region's population.
Overall, the mineral and raw material base of the region includes, alongside copper ore deposits, gold ore deposits, polymetallic, manganese, iron-manganese, and iron ores.
The mining industry and quarry development in January-October 2024 showed a 10.1% increase.
In the manufacturing industry, production volumes in January-October 2024 increased by 18.4%.
In the supply of electricity, gas, steam, hot water, and conditioned air, there was a 9.9% growth in January-October 2024.
In water supply, wastewater treatment, waste collection, processing, and disposal, as well as pollution control activities, there was a 12.5% increase in January-October 2024.
Industrial production indices of the Ulytau region by types of economic activity in January-October 2024
|
Activities |
Volume of industrial production (goods, services), million tenge |
The share of types of activities in the regional volume of industrial output, in % |
|
Total for industry |
1 018 030 |
114.0 |
|
Mining and quarrying |
153 334 |
110.1 |
|
Coal mining |
4 850 |
60.9 |
|
Mining of metal ores |
139 584 |
115.4 |
|
Iron ore mining |
13 106 |
96.7 |
|
Mining of ores other than iron |
126 478 |
116.3 |
|
Extraction of other minerals |
3 294 |
95.2 |
|
Manufacturing industry |
811 451 |
118.4 |
|
Food production |
5 393 |
95.2 |
|
Processing and preserving of meat and production of meat products |
589 |
100,0 |
|
Processing and preserving of fish, crustaceans and mollusks |
- |
- |
|
Processing and preserving of fruits and vegetables |
919 |
78.9 |
|
Production of vegetable and animal oils and fats |
- |
|
|
Dairy production |
457 |
78.5 |
|
Production of flour and cereal products, starches and starch products |
848 |
141.3 |
|
Production of bakery, pasta and flour confectionery products |
2 149 |
86.7 |
|
Production of other food products |
431 |
99.8 |
|
Production of finished animal feed |
- |
- |
|
Beverage production |
197 |
122.7 |
|
|
|
|
|
Textile manufacturing |
53 |
111.3 |
|
Clothing manufacturing |
1 123 |
93.0 |
|
Manufacture of leather and related products |
- |
- |
|
Manufacture of wood and cork products, except furniture; manufacture of straw products and plaiting materials |
69 |
100 |
|
Production of paper and paper products |
79 |
102.5 |
|
Production of coke and petroleum products |
- |
|
|
Production of petroleum products, peat and coal briquettes |
- |
|
|
Production of chemical products |
15 832 |
107.0 |
|
Production of basic pharmaceutical products and pharmaceutical preparations |
- |
- |
|
Manufacture of rubber and plastic products |
1 606 |
79.8 |
|
Manufacture of other non-metallic mineral products |
2 580 |
86.1 |
|
Metallurgical production |
709 077 |
120.1 |
|
Ferrous metallurgy, except metal casting |
- |
75.7 |
|
Production of basic precious and non-ferrous metals |
709 077 |
120.3 |
|
Metal casting |
- |
- |
|
Manufacture of finished metal products, except machinery and equipment |
502 |
58.1 |
|
Mechanical engineering |
74 596 |
93.6 |
|
Production of computers, electronic and optical equipment |
- |
- |
|
Production of electrical equipment |
468 |
- |
|
Manufacture of machinery and equipment not included in other groups |
343 |
120.4 |
|
Production of cars, trailers and semi-trailers |
- |
- |
|
Repair and installation of machinery and equipment |
73 785 |
91.1 |
|
Furniture production |
339 |
100 |
|
Production of other finished products |
3 |
100 |
|
Supply of electricity, gas, steam, hot water and air conditioning |
46 260 |
109.9 |
|
Production, transmission and distribution of electric power |
31 808 |
107.5 |
|
Supply of steam, hot water and air conditioning |
13 105 |
107.5 |
|
Water supply; waste collection, treatment and disposal; pollution control activities |
6 984 |
112.5 |
|
Collection, treatment and distribution of water |
|
|
|
Collection and treatment of wastewater |
|
|
|
Collection, processing and disposal of waste; recycling (recovery) of materials |
|
|
