Kazakhstan: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Kazakhstan

In 2022, after two years of growth, there was significant decline in the Kazakh cylindrical roller bearing market, when its value decreased by -76.2% to $X. In general, consumption continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Cylindrical Roller Bearing Production in Kazakhstan

In value terms, cylindrical roller bearing production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 when the production volume increased by 48%. Kazakhstan production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cylindrical Roller Bearing Exports

Exports from Kazakhstan

After two years of decline, shipments abroad of cylindrical roller bearings increased by 67% to X tons in 2022. Over the period under review, exports, however, continue to indicate a mild downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cylindrical roller bearing exports skyrocketed to $X in 2022. In general, exports, however, recorded a mild downturn. The Kazakhstan exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of cylindrical roller bearings, namely Germany, China and Japan, represented more than half of total export. It was distantly followed by Romania (X tons) and Slovakia (X tons), together creating a 13% share of total exports. The following exporters - Taiwan (Chinese) (X tons), Canada (X tons), Russia (X tons), Hong Kong SAR (X tons), Poland (X tons), France (X tons), Italy (X tons) and India (X tons) - together made up 17% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Taiwan (Chinese) (with a CAGR of +43.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier from Kazakhstan, comprising 27% of global exports. The second position in the ranking was held by Japan ($X), with an 11% share of global exports. It was followed by China, with an 8.9% share.

In Germany, cylindrical roller bearing exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-0.3% per year) and China (+6.6% per year).

Export Prices by Country

The export price in Kazakhstan stood at $X per ton in 2022, rising by 4.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 10%. The Kazakhstan export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Imports

Imports into Kazakhstan

In 2022, the amount of cylindrical roller bearings imported into Kazakhstan soared to X tons, rising by 62% against the year before. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 152%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, cylindrical roller bearing imports soared to $X in 2022. Overall, imports saw a tangible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 172%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The countries with the highest levels of cylindrical roller bearing imports in 2022 were China (X tons), Russia (X tons) and Germany (X tons), together reaching 42% of total import. It was distantly followed by the United States (X tons), mixing up a 5.7% share of total imports. The following importers - Spain (X tons), Mexico (X tons), Italy (X tons), Brazil (X tons), Thailand (X tons), South Korea (X tons), Indonesia (X tons), Turkey (X tons) and the Czech Republic (X tons) - together made up 23% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) were the countries with the highest levels of imports in 2022, with a combined 43% share of total imports. Mexico, Italy, Brazil, Russia, South Korea, Spain, Indonesia, Turkey, the Czech Republic and Thailand lagged somewhat behind, together comprising a further 23%.

Among the main importing countries, Spain, with a CAGR of +13.7%, 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

The import price in Kazakhstan stood at $X per ton in 2022, waning by -9.6% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by 36%. Kazakhstan import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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