Kazakhstan: Accordion Market 2025

Accordion Market Size in Kazakhstan

The Kazakh accordion market surged to $X in 2021, growing by 306% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Accordion Exports

Exports from Kazakhstan

After two years of growth, overseas shipments of accordions and mouth organs decreased by -47% to X units in 2021. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 3,710%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, accordion exports plummeted to $X in 2021. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 5,297% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

France (X units) was the main destination for accordion exports from Kazakhstan, with a 67% share of total exports. Moreover, accordion exports to France exceeded the volume sent to the second major destination, the UK (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +52.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+25.2% per year) and China (-44.0% per year).

In value terms, the largest markets for accordion exported from Kazakhstan were France ($X), the UK ($X) and China ($X), together comprising 64% of total exports.

France, with a CAGR of +1,234.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average accordion export price amounted to $X per unit, which is down by -42% against the previous year. Overall, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2017 an increase of 300% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to France ($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 the Dominican Republic (+76.8%), while the prices for the other major destinations experienced more modest paces of growth.

Accordion Imports

Imports into Kazakhstan

In 2021, accordion imports into Kazakhstan soared to X units, with an increase of 300% on the year before. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, accordion imports skyrocketed to $X in 2021. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Russia (X units) and the Netherlands (X units) were the main suppliers of accordion imports to Kazakhstan, with a combined 44% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +28.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest accordion suppliers to Kazakhstan were Russia ($X), Taiwan (Chinese) ($X) and Germany ($X), together accounting for 51% of total imports.

Among the main suppliers, Germany, with a CAGR of +34.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average accordion import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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