Kazakhstan: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2024

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Kazakhstan

The Kazakh market for bearing housings not incorporating ball or roller bearings, plain shaft bearings soared to $X in 2021, jumping by 41% 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 showed a prominent expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports from Kazakhstan

In 2021, overseas shipments of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -82.1% to X tons, falling for the second consecutive year after two years of growth. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 685%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, bearing housing without ball bearing exports declined remarkably to $X in 2021. Over the period under review, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 553% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), Russia (X tons) and the United States (X kg) were the main destinations of bearing housing without ball bearing exports from Kazakhstan, with a combined 93% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +67.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bearing housing without ball bearing exported from Kazakhstan were Russia ($X), Italy ($X) and the United States ($X), together comprising 76% of total exports.

Among the main countries of destination, the United States, with a CAGR of +72.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2021, with an increase of 44% against the previous year. Overall, the export price posted a significant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 161%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+29.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports into Kazakhstan

In 2021, the amount of bearing housings not incorporating ball or roller bearings, plain shaft bearings imported into Kazakhstan dropped modestly to X tons, remaining constant against the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, bearing housing without ball bearing imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 52%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Russia (X tons), China (X tons) and Ukraine (X tons) were the main suppliers of bearing housing without ball bearing imports to Kazakhstan, with a combined 73% share of total imports. Germany, Japan, Turkey and the United States lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bearing housing without ball bearing suppliers to Kazakhstan were Russia ($X), Germany ($X) and China ($X), together accounting for 46% of total imports. The United States, Japan, Ukraine and Turkey lagged somewhat behind, together comprising a further 10%.

Among the main suppliers, Turkey, with a CAGR of +12.7%, recorded 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 import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, increasing by 46% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bearing housing without ball bearing import price increased by +80.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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