Kazakhstan: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Kazakhstan

The Kazakh non-combined refrigerator-freezer market was estimated at $X in 2022, increasing by 2.1% against the previous year. In general, consumption, however, saw a resilient expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Non-Combined Refrigerator-Freezer Production in Kazakhstan

In value terms, non-combined refrigerator-freezer production expanded modestly to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. Non-combined refrigerator-freezer production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports from Kazakhstan

In 2022, non-combined refrigerator-freezer exports from Kazakhstan skyrocketed to X units, rising by 645% compared with the previous year. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-combined refrigerator-freezer exports surged to $X in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for non-combined refrigerator-freezer exports from Kazakhstan, with a 83% share of total exports. Moreover, non-combined refrigerator-freezer exports to Russia exceeded the volume sent to the second major destination, Tajikistan (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +78.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+120.4% per year) and Kyrgyzstan (+13.7% per year).

In value terms, Russia ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Kazakhstan, comprising 89% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 4.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +67.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+95.5% per year) and Kyrgyzstan (+13.5% per year).

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, increasing by 30% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Tajikistan ($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 Azerbaijan (+0.7%), while the prices for the other major destinations experienced a decline.

Non-Combined Refrigerator-Freezer Imports

Imports into Kazakhstan

After two years of growth, purchases abroad of household refrigerators and freezers (not combined) decreased by -2.1% to X units in 2022. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 47%. Imports peaked at X units in 2021, and then declined modestly in the following year.

In value terms, non-combined refrigerator-freezer imports expanded markedly to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Russia (X units) and Belarus (X units) were the main suppliers of non-combined refrigerator-freezer imports to Kazakhstan, together accounting for 91% of total imports. Uzbekistan, Germany and Turkey lagged somewhat behind, together comprising a further 7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uzbekistan (with a CAGR of +107.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and Belarus ($X) constituted the largest non-combined refrigerator-freezer suppliers to Kazakhstan, together comprising 90% of total imports. Uzbekistan, Germany and Turkey lagged somewhat behind, together comprising a further 7.2%.

Uzbekistan, with a CAGR of +143.3%, saw 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

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2017 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :