Kazakhstan: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Kazakhstan

The Kazakh metal office furniture market surged to $X in 2022, increasing by 39% 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). In general, consumption, however, recorded a slight curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Metal Office Furniture Exports

Exports from Kazakhstan

For the third consecutive year, Kazakhstan recorded growth in shipments abroad of metal office furniture, which increased by 273% to X tons in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,861% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal office furniture exports skyrocketed to $X in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 4,017%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons) was the main destination for metal office furniture exports from Kazakhstan, accounting for a 79% share of total exports. Moreover, metal office furniture exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), ninefold. Uzbekistan (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +94.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+89.5% per year) and Uzbekistan (+38.5% per year).

In value terms, Russia ($X), Kyrgyzstan ($X) and Italy ($X) were the largest markets for metal office furniture exported from Kazakhstan worldwide, with a combined 94% share of total exports.

Among the main countries of destination, Kyrgyzstan, with a CAGR of +108.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal office furniture export price stood at $X per ton in 2022, growing by 7.6% against the previous year. Overall, the export price recorded a moderate expansion. The pace of growth appeared the most rapid in 2016 an increase of 110%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Office Furniture Imports

Imports into Kazakhstan

In 2022, approx. X tons of metal office furniture were imported into Kazakhstan; growing by 31% against the year before. Over the period under review, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 102% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, metal office furniture imports soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 74%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of metal office furniture to Kazakhstan, accounting for a 77% share of total imports. Moreover, metal office furniture imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold. The third position in this ranking was taken by Turkey (X tons), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.2% per year) and Turkey (-8.9% per year).

In value terms, Russia ($X) constituted the largest supplier of metal office furniture to Kazakhstan, comprising 54% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by China, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+62.1% per year) and China (+2.7% per year).

Import Prices by Country

In 2022, the average metal office furniture import price amounted to $X per ton, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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