Kazakhstan: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Kazakhstan

In 2022, the Kazakh market for vacuum pumps and air or gas compressors decreased by -21.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, posted a modest expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Kazakhstan

In 2022, approx. X units of vacuum pumps and air or gas compressors were exported from Kazakhstan; with an increase of 42% against 2021 figures. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 171% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of vacuum pumps and air or gas compressors soared to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 145% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Russia (X units) was the main destination for exports of vacuum pumps and air or gas compressors from Kazakhstan, accounting for a 74% share of total exports. Moreover, exports of vacuum pumps and air or gas compressors to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), sixfold. Kyrgyzstan (X units) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+2.2% per year) and Kyrgyzstan (+17.5% per year).

In value terms, Russia ($X) emerged as the key foreign market for vacuum pumps and air or gas compressors exports from Kazakhstan, comprising 72% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 10% share of total exports. It was followed by Kyrgyzstan, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +77.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+25.5% per year) and Kyrgyzstan (+10.7% per year).

Export Prices by Country

In 2022, the average export price for vacuum pumps and air or gas compressors amounted to $X per unit, growing by 1.6% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 455% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Kazakhstan

In 2022, overseas purchases of vacuum pumps and air or gas compressors decreased by -26.5% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded a slight increase. The pace of growth appeared the most rapid in 2020 when imports increased by 90%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of vacuum pumps and air or gas compressors soared to $X in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 260%. Over the period under review, imports of reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest vacuum pump and air or gas compressor supplier to Kazakhstan, accounting for a 63% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold. The third position in this ranking was taken by Hungary (X units), with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+2.7% per year) and Hungary (+51.9% per year).

In value terms, Romania ($X) constituted the largest supplier of vacuum pumps and air or gas compressors to Kazakhstan, comprising 27% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Russia, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania totaled +856.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.4% per year) and Russia (+1.5% per year).

Import Prices by Country

In 2022, the average import price for vacuum pumps and air or gas compressors amounted to $X per unit, picking up by 80% against the previous year. In general, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 493%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+124.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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