Kazakhstan: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Kazakhstan

The Kazakh tow-behind air compressor market skyrocketed to $X in 2022, picking up by 78% 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). Overall, consumption saw a slight increase. Tow-behind air compressor consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Tow-Behind Air Compressor Exports

Exports from Kazakhstan

In 2022, overseas shipments of air compressors mounted on a wheeled chassis for towing increased by 11% to X units, rising for the third year in a row after two years of decline. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 1,100%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, tow-behind air compressor exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 3,107%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Uzbekistan (X units) was the main destination for tow-behind air compressor exports from Kazakhstan, accounting for a 64% share of total exports. Moreover, tow-behind air compressor exports to Uzbekistan exceeded the volume sent to the second major destination, Italy (X units), fourfold. Russia (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+11.6% per year) and Russia (+27.1% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for air compressors mounted on a wheeled chassis for towing exports from Kazakhstan, comprising 65% of total exports. The second position in the ranking was taken by Italy ($X), with a 17% share of total exports. It was followed by Russia, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+8.9% per year) and Russia (+36.8% per year).

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, growing by 12% against the previous year. Over the period under review, the export price recorded a slight expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 167% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Belarus ($X per unit) and Russia ($X per unit), while the average price for exports to Italy ($X per unit) and Uzbekistan ($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 Belarus (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.

Tow-Behind Air Compressor Imports

Imports into Kazakhstan

Tow-behind air compressor imports into Kazakhstan surged to X units in 2022, picking up by 73% on 2021 figures. Overall, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 147%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tow-behind air compressor imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of tow-behind air compressor to Kazakhstan, with a 44% share of total imports. Moreover, tow-behind air compressor imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Russia (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to +72.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.6% per year) and Russia (+9.4% per year).

In value terms, China ($X) constituted the largest supplier of air compressors mounted on a wheeled chassis for towing to Kazakhstan, comprising 50% of total imports. The second position in the ranking was held by Japan ($X), with a 14% share of total imports. It was followed by Russia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+42.6% per year) and Russia (-6.4% per year).

Import Prices by Country

The average tow-behind air compressor import price stood at $X per unit in 2022, picking up by 9.5% against the previous year. In general, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 69%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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