Report Update Nov 1, 2024

Kazakhstan - Insulating Fittings for Electrical Purposes - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kazakhstan: Insulating Fittings Market 2024

Insulating Fittings Market Size in Kazakhstan

For the third year in a row, the Kazakh insulating fittings market recorded growth in sales value, which increased by 86% to $X in 2021. Overall, consumption enjoyed a significant expansion. Insulating fittings consumption peaked in 2021 and is expected to retain growth in the near future.

Insulating Fittings Exports

Exports from Kazakhstan

In 2021, shipments abroad of insulating fittings for electrical purposes was finally on the rise to reach X kg after two years of decline. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, insulating fittings exports surged to $X in 2021. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X kg), Kyrgyzstan (X kg) and Croatia (X kg) were the main destinations of insulating fittings exports from Kazakhstan, together accounting for 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +14.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for insulating fittings exported from Kazakhstan were Kyrgyzstan ($X), Russia ($X) and Croatia ($X), with a combined 99% share of total exports.

Russia, with a CAGR of +32.8%, saw 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 insulating fittings export price amounted to $X per ton, waning by -27.5% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 an increase of 115%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+150.2%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Imports

Imports into Kazakhstan

In 2021, the amount of insulating fittings for electrical purposes imported into Kazakhstan surged to X tons, increasing by 69% compared with the previous year. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 247% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, insulating fittings imports surged to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 271% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

Imports by Country

Russia (X tons), China (X tons) and Italy (X tons) were the main suppliers of insulating fittings imports to Kazakhstan, with a combined 80% share of total imports. Turkey, Malaysia and Croatia lagged somewhat behind, together accounting for a further 6.7%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +67.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of insulating fittings for electrical purposes to Kazakhstan, comprising 35% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.2% share of total imports. It was followed by China, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+62.6% per year) and China (+48.5% per year).

Import Prices by Country

In 2021, the average insulating fittings import price amounted to $X per ton, jumping by 20% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 50%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for insulating fittings for electrical purposes in the world?

China remains the largest insulating fittings consuming country worldwide, comprising approx. 26% of total volume. Moreover, insulating fittings consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Nigeria, with a 5.1% share.

What are the largest producers of insulating fittings for electrical purposes in the world?

China constituted the country with the largest volume of insulating fittings production, comprising approx. 38% of total volume. Moreover, insulating fittings production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Japan ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of insulating fittings for electrical purposes to Kazakhstan?

In value terms, Russia, Belgium and Turkey were the largest insulating fittings suppliers to Kazakhstan, with a combined 61% share of total imports. These countries were followed by China, Italy, the Czech Republic and Croatia, which together accounted for a further 25%.

What are the leading importers of insulating fittings for electrical purposes from Kazakhstan?

In value terms, Russia remains the key foreign market for insulating fittings exports from Kazakhstan.

What is the average export price for insulating fittings for electrical purposes in Kazakhstan?

The average insulating fittings export price stood at $22,310 per ton in 2020, with a decrease of -35% against the previous year.

What is the average import price for insulating fittings for electrical purposes in Kazakhstan?

The average insulating fittings import price stood at $21,095 per ton in 2020, rising by 28% against the previous year.

This report provides an in-depth analysis of the insulating fittings market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023