Report Update Nov 1, 2024

Kazakhstan - Candles and Tapers - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Candles And Tapers Market 2024

Candles And Tapers Market Size in Kazakhstan

In 2021, the Kazakh candles and tapers market was finally on the rise to reach $X after two years of decline. In general, consumption showed a remarkable increase. Candles and tapers consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Candles And Tapers Exports

Exports from Kazakhstan

In 2021, shipments abroad of candles and tapers was finally on the rise to reach X tons after two years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 5,122% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, candles and tapers exports skyrocketed to $X in 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 3,531%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for candles and tapers exports from Kazakhstan, with a 85% share of total exports. Moreover, candles and tapers exports to Russia exceeded the volume sent to the second major destination, China (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +67.7%.

In value terms, Russia ($X) remains the key foreign market for candles and tapers exports from Kazakhstan, comprising 87% of total exports. The second position in the ranking was held by China ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +58.4%.

Export Prices by Country

The average candles and tapers export price stood at $X per ton in 2021, rising by 35% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 115%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+27.5%).

Candles And Tapers Imports

Imports into Kazakhstan

In 2021, supplies from abroad of candles and tapers increased by 146% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed a perceptible expansion. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, candles and tapers imports skyrocketed to $X in 2021. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of candles and tapers to Kazakhstan, accounting for a 72% share of total imports. Moreover, candles and tapers imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.8%.

In value terms, China ($X) constituted the largest supplier of candles and tapers to Kazakhstan, comprising 61% of total imports. The second position in the ranking was taken by Russia ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +17.7%.

Import Prices by Country

In 2021, the average candles and tapers import price amounted to $X per ton, picking up by 28% against the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2019 an increase of 75%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+9.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candles and tapers in the world?

China remains the largest candles and tapers consuming country worldwide, comprising approx. 27% of total volume. Moreover, candles and tapers consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.8% share.

What are the largest producers of candles and tapers in the world?

The country with the largest volume of candles and tapers production was China, accounting for 31% of total volume. Moreover, candles and tapers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Poland, with a 6.7% share.

What are the leading suppliers of candles and tapers to Kazakhstan?

In value terms, Russia, China and Poland were the largest candles and tapers suppliers to Kazakhstan, together comprising 87% of total imports.

What are the leading importers of candles and tapers from Kazakhstan?

In value terms, Russia remains the key foreign market for candles and tapers exports from Kazakhstan, comprising 94% of total exports. The second position in the ranking was occupied by Kyrgyzstan $598), with a 6.1% share of total exports.

What is the average export price for candles and tapers in Kazakhstan?

The average candles and tapers export price stood at $3,147 per ton in 2020, declining by -9% against the previous year.

What is the average import price for candles and tapers in Kazakhstan?

In 2020, the average candles and tapers import price amounted to $3,837 per ton, flattening at the previous year.

This report provides an in-depth analysis of the candles and tapers market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023