Kazakhstan: Internal Combustion Engines Market 2024

Internal Combustion Engines Market Size in Kazakhstan

In 2021, the Kazakh internal combustion engines market increased by 37% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a prominent increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Internal Combustion Engines Exports

Exports from Kazakhstan

Internal combustion engines exports from Kazakhstan skyrocketed to X units in 2021, growing by 20% compared with the previous year. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 641% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, internal combustion engines exports fell markedly to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 592% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Uzbekistan (X units) was the main destination for internal combustion engines exports from Kazakhstan, accounting for a 95% share of total exports. Moreover, internal combustion engines exports to Uzbekistan exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Uzbekistan stood at +64.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+27.5% per year) and Slovakia (-42.2% per year).

In value terms, Uzbekistan ($X), Russia ($X) and Slovakia ($X) constituted the largest markets for internal combustion engines exported from Kazakhstan worldwide.

Among the main countries of destination, Uzbekistan, with a CAGR of +83.1%, saw the highest rates of growth with regard to 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

In 2021, the average internal combustion engines export price amounted to $X per unit, declining by -50.5% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 59% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average 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 Slovakia ($X per unit), while the average price for exports to Uzbekistan ($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 Slovakia (+76.3%), while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports

Imports into Kazakhstan

In 2021, supplies from abroad of motor vehicles compression-ignition internal combustion piston engines increased by 56% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 583% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, internal combustion engines imports fell modestly to $X in 2021. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by 162% against the previous year. Imports peaked at $X in 2020, and then declined slightly in the following year.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of internal combustion engines to Kazakhstan, accounting for a 43% share of total imports. Moreover, internal combustion engines imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. The third position in this ranking was taken by China (X units), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+4.4% per year) and China (+20.8% per year).

In value terms, China ($X) constituted the largest supplier of motor vehicles compression-ignition internal combustion piston engines to Kazakhstan, comprising 41% of total imports. The second position in the ranking was taken by Russia ($X), with a 20% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +33.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-2.8% per year) and Germany (+19.1% per year).

Import Prices by Country

The average internal combustion engines import price stood at $X per unit in 2021, waning by -36% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 212%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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