Kazakhstan: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Kazakhstan

The Kazakh electrical signalling apparatus market dropped markedly to $X in 2022, waning by -26.2% 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 saw a pronounced shrinkage. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Electrical Signalling Apparatus Exports

Exports from Kazakhstan

In 2022, after three years of decline, there was significant growth in overseas shipments of electrical apparatus for sound or visual signalling, when their volume increased by 86% to X units. Over the period under review, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2015 when exports increased by 3,273% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electrical signalling apparatus exports rose markedly to $X in 2022. Overall, exports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 1,701% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for electrical signalling apparatus exports from Kazakhstan, with a 81% share of total exports. Moreover, electrical signalling apparatus exports to Russia exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was taken by Tajikistan (X units), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +57.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.0% per year) and Tajikistan (+5.2% per year).

In value terms, the largest markets for electrical signalling apparatus exported from Kazakhstan were Russia ($X), Turkey ($X) and the United States ($X), together comprising 70% of total exports.

Among the main countries of destination, Russia, with a CAGR of +35.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, with a decrease of -41.4% against the previous year. Over the period under review, the export price recorded a dramatic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 144%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Kazakhstan

In 2022, approx. X units of electrical apparatus for sound or visual signalling were imported into Kazakhstan; dropping by -27.8% compared with 2021. Over the period under review, imports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 203% against the previous year. As a result, imports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, electrical signalling apparatus imports declined notably to $X in 2022. Overall, imports saw a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 95% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Russia (X units) and Turkey (X units) were the main suppliers of electrical signalling apparatus imports to Kazakhstan, with a combined 83% share of total imports. Poland, the United States, the United Arab Emirates and the UK lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +56.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Kazakhstan, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by the UK, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.1% per year) and the UK (+5.9% per year).

Import Prices by Country

In 2022, the average electrical signalling apparatus import price amounted to $X per unit, rising by 4.7% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical signalling apparatus import price decreased by -32.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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