Kazakhstan: Engine Generator Market 2024

Engine Generator Market Size in Kazakhstan

The Kazakh engine generator market soared to $X in 2022, rising by 37% 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). The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Exports

Exports from Kazakhstan

In 2022, overseas shipments of generators for internal combustion engines increased by 52% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 551%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, engine generator exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 807%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X units) was the main destination for engine generator exports from Kazakhstan, with a 48% share of total exports. Moreover, engine generator exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), twofold. Germany (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Germany (+40.7% per year).

In value terms, Russia ($X) emerged as the key foreign market for generators for internal combustion engines exports from Kazakhstan, comprising 48% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 22% share of total exports. It was followed by Germany, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Germany (+36.1% per year).

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, rising by 8.8% against the previous year. In general, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 234%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kyrgyzstan ($X per unit) and France ($X per unit), while the average price for exports to Uzbekistan ($X per unit) and Ukraine ($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 Italy (+1.2%), while the prices for the other major destinations experienced a decline.

Engine Generator Imports

Imports into Kazakhstan

In 2022, purchases abroad of generators for internal combustion engines was finally on the rise to reach X units after four years of decline. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, engine generator imports soared to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Russia (X units) and Japan (X units) were the main suppliers of engine generator imports to Kazakhstan, together accounting for 74% of total imports. The United States, Mexico, Belarus, Germany, Poland and Spain lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +591.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest engine generator suppliers to Kazakhstan were China ($X), Russia ($X) and Japan ($X), together accounting for 73% of total imports. The United States, Mexico, Belarus, Germany, Poland and Spain lagged somewhat behind, together comprising a further 19%.

Spain, with a CAGR of +672.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average engine generator import price amounted to $X per unit, growing by 8.3% against the previous year. In general, the import price showed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 81%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and Japan ($X per unit), while the price for Germany ($X per unit) and Belarus ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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