Kazakhstan: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Kazakhstan

The Kazakh market for machines for preparing, weaving and knitting textiles skyrocketed to $X in 2021, picking up by 24% 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 saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Kazakhstan

In 2021, overseas shipments of machines for preparing, weaving and knitting textiles increased by 70% to X units, rising for the fourth year in a row after two years of decline. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 304% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, textile weaving and knitting machinery exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 291% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Uzbekistan (X units), Russia (X units) and Iran (X units) were the main destinations of textile weaving and knitting machinery exports from Kazakhstan, with a combined 85% share of total exports. Italy and Kyrgyzstan lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +76.3%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) emerged as the key foreign market for machines for preparing, weaving and knitting textiles exports from Kazakhstan, comprising 58% of total exports. The second position in the ranking was taken by Russia ($X), with a 23% share of total exports. It was followed by Iran, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan totaled +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+48.8% per year) and Iran (+101.4% per year).

Export Prices by Country

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, reducing by -8.5% against the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 an increase of 220% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Kazakhstan

In 2021, the amount of machines for preparing, weaving and knitting textiles imported into Kazakhstan surged to X units, picking up by 44% compared with the previous year's figure. In general, imports recorded a perceptible expansion. The pace of growth appeared the most rapid in 2018 with an increase of 102%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, textile weaving and knitting machinery imports contracted remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2015 when imports increased by 74%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Russia (X units) were the main suppliers of textile weaving and knitting machinery imports to Kazakhstan, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +19.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Belgium ($X) constituted the largest textile weaving and knitting machinery suppliers to Kazakhstan, with a combined 67% share of total imports.

Belgium, with a CAGR of +15.3%, recorded the highest rates of growth with regard to the value of imports, among 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 import price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2021, reducing by -45.7% against the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, 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 Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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