Kazakhstan: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Kazakhstan

The Kazakh market for iron or steel gas domestic cooking appliances and plate warmers contracted dramatically to $X in 2022, with a decrease of -44.8% 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). Overall, consumption recorded a abrupt decline. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Kazakhstan

In 2022, overseas shipments of iron or steel gas domestic cooking appliances and plate warmers increased by 1,143% to X units, rising for the second consecutive year after three years of decline. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers soared to $X in 2022. In general, exports recorded significant growth. 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 exports of iron or steel gas domestic cooking appliances and plate warmers from Kazakhstan, with a 91% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold. Tajikistan (X units) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +91.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+54.6% per year) and Tajikistan (+43.6% per year).

In value terms, Russia ($X) emerged as the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Kazakhstan, comprising 91% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 4.9% share of total exports. It was followed by Tajikistan, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +128.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+87.3% per year) and Tajikistan (+100.4% per year).

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, surging by 13% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 96%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Tajikistan ($X per unit) and Kyrgyzstan ($X per unit), while the average price for exports to Uzbekistan ($X per unit) and Russia ($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 Tajikistan (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Kazakhstan

Imports of iron or steel gas domestic cooking appliances and plate warmers into Kazakhstan shrank dramatically to X units in 2022, with a decrease of -27.5% compared with 2021 figures. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 61%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2017 when imports increased by 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), China (X units) and Uzbekistan (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Kazakhstan, together comprising 53% of total imports.

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 +32.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Kazakhstan were Spain ($X), China ($X) and Uzbekistan ($X), together accounting for 53% of total imports.

Among the main suppliers, Uzbekistan, with a CAGR of +36.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, growing by 11% against the previous year. Over the period under review, the import price recorded measured growth. The most prominent rate of growth was recorded in 2014 an increase of 63%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per unit) and Uzbekistan ($X per unit), while the price for China ($X per unit) and Turkey ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform