Kazakhstan: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Kazakhstan

For the fourth consecutive year, the Kazakh market for parts of apparatus of hs recorded growth in sales value, which increased by 46% to $X in 2021. Over the period under review, consumption continues to indicate a remarkable increase. Parts of apparatus of hs consumption peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Parts Of Apparatus Of Hs

Exports from Kazakhstan

For the fifth year in a row, Kazakhstan recorded growth in overseas shipments of parts of apparatus of hs, which increased by 51% to X units in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 361% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, parts of apparatus of hs exports soared to $X in 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 373% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for parts of apparatus of hs exports from Kazakhstan, with a 19% share of total exports. Moreover, parts of apparatus of hs exports to Russia exceeded the volume sent to the second major destination, the Czech Republic (X units), more than tenfold. The third position in this ranking was held by Kyrgyzstan (X units), with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +55.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+106.3% per year) and Kyrgyzstan (+39.4% per year).

In value terms, Russia ($X), the Czech Republic ($X) and Kyrgyzstan ($X) constituted the largest markets for parts of apparatus of hs exported from Kazakhstan worldwide, together accounting for 24% of total exports.

The Czech Republic, with a CAGR of +148.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for parts of apparatus of hs amounted to $X per unit, growing by 152% against the previous year. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+63.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports into Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas purchases of parts of apparatus of hs, which increased by 33% to X units in 2021. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 73%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, parts of apparatus of hs imports skyrocketed to $X in 2021. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 70%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of parts of apparatus of hs to Kazakhstan, with a 29% share of total imports. Moreover, parts of apparatus of hs imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold. The United Arab Emirates (X units) ranked third in terms of total imports with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+21.8% per year) and the United Arab Emirates (-4.1% per year).

In value terms, China ($X) constituted the largest supplier of parts of apparatus of hs to Kazakhstan, comprising 18% of total imports. The second position in the ranking was taken by Russia ($X), with a 6.2% share of total imports. It was followed by the United Arab Emirates, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.8% per year) and the United Arab Emirates (+1.0% per year).

Import Prices by Country

The average import price for parts of apparatus of hs stood at $X per unit in 2021, increasing by 23% against the previous year. Over the period under review, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 143%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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