Kazakhstan: Circuit Breaker Market 2024

Circuit Breaker Market Size in Kazakhstan

In 2022, the Kazakh circuit breaker market increased by 1.5% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Circuit Breaker Production in Kazakhstan

In value terms, circuit breaker production rose markedly to $X in 2022 estimated in export price. Overall, production faced a deep contraction. The growth pace was the most rapid in 2013 when the production volume increased by 137%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Circuit Breaker Exports

Exports from Kazakhstan

In 2022, the amount of automatic circuit breakers exported from Kazakhstan surged to X units, growing by 785% against the previous year. Overall, exports showed significant growth. The growth pace was the most rapid in 2017 with an increase of 952%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, circuit breaker exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for circuit breaker exports from Kazakhstan, with a 89% share of total exports. Moreover, circuit breaker exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), more than tenfold. The third position in this ranking was held by Kyrgyzstan (X units), with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +43.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+38.7% per year) and Kyrgyzstan (+41.7% per year).

In value terms, Russia ($X) remains the key foreign market for automatic circuit breakers exports from Kazakhstan, comprising 89% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 6% share of total exports. It was followed by Kyrgyzstan, with a 1.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +27.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+7.0% per year) and Kyrgyzstan (+4.9% per year).

Export Prices by Country

In 2022, the average circuit breaker export price amounted to $X per unit, waning by -28.3% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 119% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Kyrgyzstan ($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 Tajikistan (+44.0%), while the prices for the other major destinations experienced a decline.

Circuit Breaker Imports

Imports into Kazakhstan

In 2022, imports of automatic circuit breakers into Kazakhstan surged to X units, picking up by 23% compared with the previous year's figure. In general, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.6% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, circuit breaker imports rose significantly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 19%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest circuit breaker supplier to Kazakhstan, with a 54% share of total imports. Moreover, circuit breaker imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. Thailand (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-1.4% per year) and Thailand (+109.4% per year).

In value terms, China ($X), Russia ($X) and Thailand ($X) constituted the largest circuit breaker suppliers to Kazakhstan, together comprising 74% of total imports.

Among the main suppliers, Thailand, with a CAGR of +84.9%, 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 2022, the average circuit breaker import price amounted to $X per unit, declining by -7.7% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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