Kazakhstan: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Kazakhstan

After three years of growth, the Kazakh air conditioning machine market decreased by -38.9% to $X in 2021. Overall, consumption saw a pronounced setback. Air conditioning machine consumption peaked at $X in 2020, and then fell notably in the following year.

Air Conditioning Machine Exports

Exports from Kazakhstan

In 2021, approx. X units of air conditioning machines were exported from Kazakhstan; increasing by 132% on the year before. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 655% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, air conditioning machine exports skyrocketed to $X in 2021. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 331%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Kyrgyzstan (X units) was the main destination for air conditioning machine exports from Kazakhstan, accounting for a 96% share of total exports. It was followed by Germany (X units), with a 2.2% share of total exports. Russia (X units) ranked third in terms of total exports with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan amounted to +84.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+80.1% per year) and Russia (-29.9% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for air conditioning machine exports from Kazakhstan, comprising 92% of total exports. The second position in the ranking was held by Russia ($X), with a 1.2% share of total exports. It was followed by Germany, with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan amounted to +78.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-31.1% per year) and Germany (+103.4% per year).

Export Prices by Country

The average air conditioning machine export price stood at $X per unit in 2021, shrinking by -14.8% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 28%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to Germany ($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 Germany (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Kazakhstan

After two years of growth, overseas purchases of air conditioning machines decreased by -45.4% to X units in 2021. Overall, imports saw a slight decline. The pace of growth was the most pronounced in 2020 when imports increased by 51%. As a result, imports reached the peak of X units, and then contracted rapidly in the following year.

In value terms, air conditioning machine imports shrank rapidly to $X in 2021. Over the period under review, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest air conditioning machine supplier to Kazakhstan, with a 75% share of total imports. Moreover, air conditioning machine imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), sevenfold. Thailand (X units) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, 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 (+15.9% per year) and Thailand (+29.1% per year).

In value terms, China ($X) constituted the largest supplier of air conditioning machine to Kazakhstan, comprising 56% of total imports. The second position in the ranking was taken by Russia ($X), with an 11% share of total imports. It was followed by Thailand, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+9.0% per year) and Thailand (+20.1% per year).

Import Prices by Country

In 2021, the average air conditioning machine import price amounted to $X per unit, increasing by 26% against the previous year. In general, the import price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of 41%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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