Kazakhstan: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Kazakhstan

The Kazakh market for diesel engines (other than for motor vehicles and aircraft) rose slightly to $X in 2022, increasing by 3.7% against the previous year. Over the period under review, consumption, however, recorded a pronounced decline. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Kazakhstan

In value terms, production of diesel engines (other than for motor vehicles and aircraft) amounted to $X in 2022 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 188% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Kazakhstan

In 2022, after two years of growth, there was significant decline in overseas shipments of diesel engines (other than for motor vehicles and aircraft), when their volume decreased by -18.3% to X units. In general, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 121% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2021, and then declined notably in the following year.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) fell modestly to $X in 2022. Overall, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 96% against the previous year. The exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

Russia (X units), the United Arab Emirates (X units) and Kyrgyzstan (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Kazakhstan, together accounting for 93% of total exports. Uzbekistan, South Africa and the United States lagged somewhat behind, together comprising a further 4.1%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +26.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diesel engines (other than for motor vehicles and aircraft) exported from Kazakhstan were Russia ($X), the United Arab Emirates ($X) and Kyrgyzstan ($X), with a combined 93% share of total exports. Uzbekistan, South Africa and the United States lagged somewhat behind, together accounting for a further 4.2%.

Uzbekistan, with a CAGR of +19.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, growing by 18% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 64%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Uzbekistan ($X per unit) and the United Arab Emirates ($X per unit), while the average price for exports to Russia ($X per unit) and South Africa ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Kazakhstan

In 2022, overseas purchases of diesel engines (other than for motor vehicles and aircraft) decreased by -0.8% to X units, falling for the second year in a row after six years of growth. Over the period under review, imports recorded a slight slump. The pace of growth was the most pronounced in 2020 when imports increased by 227%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) expanded markedly to $X in 2022. In general, imports saw a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of 42% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest diesel engines (other than for motor vehicles and aircraft) supplier to Kazakhstan, with a 45% share of total imports. Moreover, imports of diesel engines (other than for motor vehicles and aircraft) from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. Russia (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+12.3% per year) and Russia (-4.3% per year).

In value terms, the United States ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Kazakhstan, comprising 59% of total imports. The second position in the ranking was held by the UK ($X), with a 9.7% share of total imports. It was followed by Germany, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.7% per year) and Germany (-0.1% per year).

Import Prices by Country

In 2022, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, rising by 8.2% against the previous year. In general, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 262% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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