Kazakhstan: Electronic Chip Market 2024

Electronic Chip Market Size in Kazakhstan

The Kazakh electronic chip market shrank to $X in 2021, which is down by -8.3% against the previous year. Over the period under review, consumption recorded a abrupt contraction. Electronic chip consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Electronic Chip Production in Kazakhstan

In value terms, electronic chip production shrank remarkably to less than $X in 2021 estimated in export price. Overall, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 100%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Electronic Chip Exports

Exports from Kazakhstan

In 2021, the amount of electronic chips exported from Kazakhstan shrank sharply to X units, waning by -27.5% against the previous year's figure. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2016 with an increase of 168% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic chip exports surged to $X in 2021. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 113% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units), China (X units) and Hong Kong SAR (X units) were the main destinations of electronic chip exports from Kazakhstan, together accounting for 52% of total exports. Canada, Kyrgyzstan, Latvia, Angola, the UK, Spain and France lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +75.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electronic chip exported from Kazakhstan were Latvia ($X), Canada ($X) and France ($X), with a combined 41% share of total exports.

Latvia, with a CAGR of +166.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average electronic chip export price amounted to $X per unit, surging by 61% against the previous year. Overall, the export price enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 102% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Kazakhstan

In 2021, the amount of electronic chips imported into Kazakhstan plummeted to X units, with a decrease of -37.9% against the previous year. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electronic chip imports skyrocketed to $X in 2021. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest electronic chip supplier to Kazakhstan, accounting for a 35% share of total imports. Moreover, electronic chip imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.1% per year) and Hong Kong SAR (+36.6% per year).

In value terms, the largest electronic chip suppliers to Kazakhstan were Hong Kong SAR ($X), Russia ($X) and Germany ($X), with a combined 46% share of total imports. These countries were followed by Vietnam, China, France, the Czech Republic, the United Arab Emirates, South Korea, the United States, Taiwan (Chinese), Italy and Slovenia, which together accounted for a further 29%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +38.6%, recorded 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 average electronic chip import price stood at $X per unit in 2021, growing by 99.9% against the previous year. Over the period under review, the import price recorded tangible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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