Kazakhstan: Market for Tyres For Buses Or Lorries 2024

Market Size for Tyres For Buses Or Lorries in Kazakhstan

For the third year in a row, the Kazakh truck and bus tyre market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, recorded a relatively flat trend pattern. Truck and bus tyre consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Tyres For Buses Or Lorries

Exports from Kazakhstan

In 2022, shipments abroad of tyres for buses or lorries increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, truck and bus tyre exports rose significantly to $X in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for truck and bus tyre exports from Kazakhstan, with a X% share of total exports. Moreover, truck and bus tyre exports to Russia exceeded the volume sent to the second major destination, the Netherlands (X units), sixfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for tyres for buses or lorries exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

The average truck and bus tyre export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kyrgyzstan ($X per unit) and Germany ($X per unit), while the average price for exports to the Netherlands ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into Kazakhstan

In 2022, the amount of tyres for buses or lorries imported into Kazakhstan soared to X units, picking up by X% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, truck and bus tyre imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Russia (X units) and Thailand (X units) were the main suppliers of truck and bus tyre imports to Kazakhstan, with a combined X% share of total imports. Vietnam, South Korea, Turkey and Belarus lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and Thailand ($X) were the largest truck and bus tyre suppliers to Kazakhstan, with a combined X% share of total imports. Vietnam, South Korea, Turkey and Belarus lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average truck and bus tyre import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($X per unit) and South Korea ($X per unit), while the price for Belarus ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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