Report Update Nov 1, 2024

Kazakhstan - Electrical Parts of Machinery or Apparatus - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kazakhstan: Machinery Electrical Parts Market 2024

Machinery Electrical Parts Market Size in Kazakhstan

After two years of growth, the Kazakh machinery electrical parts market decreased by -14.3% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Machinery electrical parts consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Machinery Electrical Parts Exports

Exports from Kazakhstan

In 2022, overseas shipments of electrical parts of machinery or apparatus decreased by -78.8% to X kg for the first time since 2014, thus ending a seven-year rising trend. Overall, exports, however, posted a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of 392%. As a result, the exports attained the peak of X kg, and then shrank significantly in the following year.

In value terms, machinery electrical parts exports fell sharply to $X in 2022. Over the period under review, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 422% against the previous year. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

Germany (X kg) was the main destination for machinery electrical parts exports from Kazakhstan, with a 44% share of total exports. Moreover, machinery electrical parts exports to Germany exceeded the volume sent to the second major destination, South Korea (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +2.0%.

In value terms, Germany ($X) emerged as the key foreign market for electrical parts of machinery or apparatus exports from Kazakhstan, comprising 10% of total exports. The second position in the ranking was held by South Korea ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -5.9%.

Export Prices by Country

In 2022, the average machinery electrical parts export price amounted to $X per ton, with an increase of 182% against the previous year. In general, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.5%), while the prices for the other major destinations experienced a decline.

Machinery Electrical Parts Imports

Imports into Kazakhstan

After three years of growth, overseas purchases of electrical parts of machinery or apparatus decreased by -30% to X kg in 2022. Over the period under review, imports, however, posted a slight expansion. The pace of growth appeared the most rapid in 2014 with an increase of 882% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, machinery electrical parts imports declined sharply to $X in 2022. In general, imports saw a noticeable curtailment. The growth pace was the most rapid in 2014 with an increase of 1,211% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X kg) constituted the largest supplier of machinery electrical parts to Kazakhstan, with a 74% share of total imports. Moreover, machinery electrical parts imports from Spain exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X kg), fivefold. The UK (X kg) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+10.0% per year) and the UK (-15.2% per year).

In value terms, the largest machinery electrical parts suppliers to Kazakhstan were Spain ($X), the United Arab Emirates ($X) and the UK ($X), together accounting for 53% of total imports.

Spain, with a CAGR of +78.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average machinery electrical parts import price stood at $X per ton in 2022, picking up by 10% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+70.0%), 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 electrical parts of machinery or apparatus in the world?

The countries with the highest volumes of machinery electrical parts consumption in 2021 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Japan, Italy, Pakistan, Nigeria, Brazil, Indonesia, Bangladesh, the UK, Mexico and France, which together accounted for a further 32%.

What are the largest producers of electrical parts of machinery or apparatus in the world?

The countries with the highest volumes of machinery electrical parts production in 2021 were China, the United States and India, with a combined 36% share of global production. These countries were followed by Japan, Italy, Pakistan, Nigeria, Brazil, the UK, Indonesia, Bangladesh, France and Mexico, which together accounted for a further 32%.

What are the leading suppliers of electrical parts of machinery or apparatus to Kazakhstan?

In value terms, the largest machinery electrical parts suppliers to Kazakhstan were the United Arab Emirates, Spain and China, together comprising 61% of total imports.

What are the leading importers of electrical parts of machinery or apparatus from Kazakhstan?

It was followed by Germany, with a 4.9% share.

What is the average export price for electrical parts of machinery or apparatus in Kazakhstan?

The average machinery electrical parts export price stood at $34,621 per ton in 2021, which is down by -18.6% against the previous year.

What is the average import price for electrical parts of machinery or apparatus in Kazakhstan?

In 2021, the average machinery electrical parts import price amounted to $60,913 per ton, reducing by -23.2% against the previous year.

This report provides an in-depth analysis of the machinery electrical parts 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 27903390 - Electrical parts of machinery or apparatus, n.e.c.

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