Report Update Nov 1, 2024

Kazakhstan - Cranks and Crankshafts - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Cranks And Crankshafts Market 2024

Cranks And Crankshafts Market Size in Kazakhstan

The Kazakh cranks and crankshafts market surged to $X in 2022, jumping by 34% 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 posted buoyant growth. Cranks and crankshafts consumption peaked in 2022 and is expected to retain growth in the near future.

Cranks And Crankshafts Exports

Exports from Kazakhstan

In 2022, the amount of cranks and crankshafts exported from Kazakhstan surged to X tons, rising by 139% on the year before. In general, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cranks and crankshafts exports soared to $X in 2022. Overall, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for cranks and crankshafts exports from Kazakhstan, with a 84% share of total exports. Moreover, cranks and crankshafts exports to Russia exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+542.7% per year) and the United States (-1.7% per year).

In value terms, Russia ($X) remains the key foreign market for cranks and crankshafts exports from Kazakhstan, comprising 72% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.7% share of total exports. It was followed by Spain, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.0% per year) and Spain (+292.7% per year).

Export Prices by Country

In 2022, the average cranks and crankshafts export price amounted to $X per ton, declining by -13.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.8%), while the prices for the other major destinations experienced a decline.

Cranks And Crankshafts Imports

Imports into Kazakhstan

In 2022, the amount of cranks and crankshafts imported into Kazakhstan surged to X tons, growing by 39% against the previous year's figure. In general, imports saw a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 69%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, cranks and crankshafts imports skyrocketed to $X in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Russia (X tons) and South Korea (X tons) were the main suppliers of cranks and crankshafts imports to Kazakhstan, together comprising 70% of total imports. Japan, the United States, Germany, Italy, Turkey and Ukraine lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and South Korea ($X) constituted the largest cranks and crankshafts suppliers to Kazakhstan, with a combined 48% share of total imports.

South Korea, with a CAGR of +28.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 cranks and crankshafts import price amounted to $X per ton, growing by 6.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cranks and crankshafts in the world?

The country with the largest volume of cranks and crankshafts consumption was the United States, comprising approx. 57% of total volume. Moreover, cranks and crankshafts consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. India ranked third in terms of total consumption with a 4.4% share.

What are the largest producers of cranks and crankshafts in the world?

The United States remains the largest cranks and crankshafts producing country worldwide, accounting for 57% of total volume. Moreover, cranks and crankshafts production in the United States exceeded the figures recorded by the second-largest producer, China, fivefold. India ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of cranks and crankshafts to Kazakhstan?

In value terms, the largest cranks and crankshafts suppliers to Kazakhstan were Russia, China and the United States, with a combined 54% share of total imports. These countries were followed by Italy, Ukraine, Germany, South Korea, France, Spain, the Czech Republic and Japan, which together accounted for a further 32%.

What are the leading importers of cranks and crankshafts from Kazakhstan?

In value terms, Russia remains the key foreign market for cranks and crankshafts exports from Kazakhstan, comprising 51% of total exports. The second position in the ranking was occupied by the United States, with a 12% share of total exports. It was followed by Belarus, with an 11% share.

What is the average export price for cranks and crankshafts in Kazakhstan?

In 2021, the average cranks and crankshafts export price amounted to $5,686 per ton, dropping by -2.1% against the previous year.

What is the average import price for cranks and crankshafts in Kazakhstan?

In 2021, the average cranks and crankshafts import price amounted to $8,979 per ton, declining by -10.4% against the previous year.

This report provides an in-depth analysis of the cranks and crankshafts 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 28152230 - Cranks and crankshafts
Prodcom 28152250 - Cardan shafts
Prodcom 28152270 - Other shafts

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