Kazakhstan: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Kazakhstan

In 2020, the Kazakh market for instrument panel and wall clocks decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Overall, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Instrument panel and wall clock consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Production of Instrument Panel And Wall Clocks in Kazakhstan

In value terms, instrument panel and wall clock production shrank slightly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

Exports of Instrument Panel And Wall Clocks

Exports from Kazakhstan

For the fifth consecutive year, Kazakhstan recorded growth in shipments abroad of instrument panel and wall clocks, which increased by X% to X tons in 2020. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2015 to 2020, the growth exports remained at a lower figure.

In value terms, instrument panel and wall clock exports surged to $X in 2020. Overall, exports saw a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons) was the main destination for instrument panel and wall clock exports from Kazakhstan, with a X% share of total exports. Moreover, instrument panel and wall clock exports to Russia exceeded the volume sent to the second major destination, Germany (X kg), tenfold.

From 2007 to 2020, the average annual growth rate of volume to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Ukraine (-X% per year).

In value terms, Germany ($X), Russia ($X) and Ukraine ($X) appeared to be the largest markets for instrument panel and wall clock exported from Kazakhstan worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Russia recorded the highest rates of growth with regard to 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

In 2020, the average export price for instrument panel and wall clocks amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Instrument Panel And Wall Clocks

Imports into Kazakhstan

In 2020, supplies from abroad of instrument panel and wall clocks decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports reduced dramatically to $X in 2020. Overall, imports continue to indicate slight growth. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest instrument panel and wall clock supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, China ($X), Russia ($X) and Turkey ($X) appeared to be the largest instrument panel and wall clock suppliers to Kazakhstan, with a combined X% share of total imports.

Among the main suppliers, Russia saw the highest rates of growth with regard to 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

The average import price for instrument panel and wall clocks stood at $X per ton in 2020, jumping by X% against the previous year. In general, the import price enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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