Kazakhstan: Inductor Market 2024

Inductor Market Size in Kazakhstan

The Kazakh inductor market fell rapidly to $X in 2022, which is down by -24.1% 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). Over the period under review, consumption showed a noticeable downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Inductor Exports

Exports from Kazakhstan

In 2022, the amount of inductors exported from Kazakhstan shrank sharply to X units, reducing by -33% against the previous year. Overall, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 2,694% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, inductor exports fell rapidly to $X in 2022. In general, exports saw a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of 998%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X units) was the main destination for inductor exports from Kazakhstan, with a 78% share of total exports. Moreover, inductor exports to Kyrgyzstan exceeded the volume sent to the second major destination, Uzbekistan (X units), sevenfold. Russia (X units) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan amounted to +79.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+19.7% per year) and Russia (+21.3% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for inductors exports from Kazakhstan, comprising 70% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by Russia, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Kyrgyzstan amounted to +87.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-11.5% per year) and Russia (+25.4% per year).

Export Prices by Country

In 2022, the average inductor export price amounted to $X per unit, reducing by -4.7% against the previous year. Over the period under review, the export price, however, continues to indicate a slight expansion. The growth pace was the most rapid in 2014 an increase of 78% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Uzbekistan ($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 Germany (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Inductor Imports

Imports into Kazakhstan

In 2022, inductor imports into Kazakhstan fell sharply to X units, declining by -23.1% compared with 2021 figures. Overall, imports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2015 with an increase of 156% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, inductor imports fell remarkably to $X in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 329% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of inductor to Kazakhstan, with a 69% share of total imports. Moreover, inductor imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Austria (X units), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.7% per year) and Austria (-9.0% per year).

In value terms, Russia ($X) constituted the largest supplier of inductors to Kazakhstan, comprising 41% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.2% per year) and France (+34.7% per year).

Import Prices by Country

The average inductor import price stood at $X per unit in 2022, shrinking by -3% against the previous year. In general, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 87% against the previous year. As a result, import price reached the peak level of $X per unit. 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 France ($X per unit), while the price for Russia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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