Kazakhstan: Headphone Market 2024

Headphone Market Size in Kazakhstan

After five years of growth, the Kazakh headphone market decreased by -4.4% to $X in 2022. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced slightly in the following year.

Headphone Exports

Exports from Kazakhstan

For the sixth consecutive year, Kazakhstan recorded growth in shipments abroad of headphones, which increased by 1,580% to X units in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, headphone exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for headphone exports from Kazakhstan, with a 63% share of total exports. Moreover, headphone exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), sevenfold. Turkmenistan (X units) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +86.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+174.4% per year) and Turkmenistan (+127.8% per year).

In value terms, Russia ($X) emerged as the key foreign market for headphones exports from Kazakhstan, comprising 63% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 9.6% share of total exports. It was followed by Turkmenistan, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +93.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+186.1% per year) and Turkmenistan (+153.6% per year).

Export Prices by Country

The average headphone export price stood at $X per unit in 2022, jumping by 16% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, headphone export price decreased by -4.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 71%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per unit) and Kyrgyzstan ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Mongolia ($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 Turkmenistan (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Kazakhstan

In 2022, supplies from abroad of headphones increased by 24% to X units, rising for the sixth year in a row after two years of decline. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 140% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, headphone imports reached $X in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 103%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of headphone to Kazakhstan, accounting for a 65% share of total imports. Moreover, headphone imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. The third position in this ranking was held by Russia (X units), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+148.4% per year) and Russia (-4.9% per year).

In value terms, China ($X) constituted the largest supplier of headphones to Kazakhstan, comprising 65% of total imports. The second position in the ranking was held by Vietnam ($X), with a 28% share of total imports. It was followed by Russia, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +32.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+184.9% per year) and Russia (+15.9% per year).

Import Prices by Country

The average headphone import price stood at $X per unit in 2022, reducing by -10.3% against the previous year. In general, the import price, however, saw strong growth. The pace of growth appeared the most rapid in 2021 an increase of 96% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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