Kazakhstan: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in Kazakhstan

The Kazakh machine tool for metal market dropped to $X in 2021, shrinking by -4.9% against the previous year. In general, consumption, however, showed a perceptible increase. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Machine Tools For Working Metal Without Removing Metal in Kazakhstan

In value terms, machine tool for metal production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. Machine tool for metal production peaked at $X in 2020, and then dropped in the following year.

Exports of Machine Tools For Working Metal Without Removing Metal

Exports from Kazakhstan

Machine tool for metal exports from Kazakhstan dropped rapidly to X units in 2021, shrinking by -66.7% compared with 2020. Over the period under review, exports showed a precipitous slump. The pace of growth was the most pronounced in 2013 with an increase of 592% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, machine tool for metal exports plummeted to $X in 2021. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 100% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for machine tool for metal exports from Kazakhstan, with a 80% share of total exports. Moreover, machine tool for metal exports to Germany exceeded the volume sent to the second major destination, Russia (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -21.2%.

In value terms, Germany ($X) remains the key foreign market for machine tools for working metal without removing metal exports from Kazakhstan, comprising 95% of total exports. The second position in the ranking was taken by Russia ($X), with a 4.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -10.5%.

Export Prices by Country

In 2021, the average machine tool for metal export price amounted to $X per unit, surging by 111% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Russia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.9%).

Imports of Machine Tools For Working Metal Without Removing Metal

Imports into Kazakhstan

In 2021, machine tool for metal imports into Kazakhstan shrank to X units, reducing by -9.9% on 2020. In general, imports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2016 with an increase of 5,747% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, machine tool for metal imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed mild growth. The growth pace was the most rapid in 2016 when imports increased by 2,892%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Russia (X units) were the main suppliers of machine tool for metal imports to Kazakhstan, with a combined 65% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +36.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of machine tools for working metal without removing metal to Kazakhstan, comprising 29% of total imports. The second position in the ranking was held by Russia ($X), with a 5.9% share of total imports. It was followed by China, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-19.3% per year) and China (-1.3% per year).

Import Prices by Country

In 2021, the average machine tool for metal import price amounted to $X per unit, rising by 31% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 123%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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