Report Update Nov 1, 2024

Kazakhstan - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Needle Roller Bearing Market 2024

Needle Roller Bearing Market Size in Kazakhstan

In 2021, the Kazakh needle roller bearing market increased by 33% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption continues to indicate a buoyant increase. Needle roller bearing consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Needle Roller Bearing Exports

Exports from Kazakhstan

After three years of growth, shipments abroad of needle roller bearings decreased by -94.5% to X kg in 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 963% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then reduced rapidly in the following year.

In value terms, needle roller bearing exports contracted rapidly to $X in 2021. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 682% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell notably in the following year.

Exports by Country

Russia (X kg) was the main destination for needle roller bearing exports from Kazakhstan, accounting for a 69% share of total exports. Moreover, needle roller bearing exports to Russia exceeded the volume sent to the second major destination, Tajikistan (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+63.9% per year) and Kyrgyzstan (+51.7% per year).

In value terms, the largest markets for needle roller bearing exported from Kazakhstan were Tajikistan ($X), Russia ($X) and Kyrgyzstan ($X), together comprising 79% of total exports.

Tajikistan, with a CAGR of +112.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needle roller bearing export price stood at $X per ton in 2021, increasing by 105% against the previous year. Over the period under review, the export price enjoyed temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+533.9%), while the prices for the other major destinations experienced more modest paces of growth.

Needle Roller Bearing Imports

Imports into Kazakhstan

In 2021, supplies from abroad of needle roller bearings increased by 22% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 195% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, needle roller bearing imports soared to $X in 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 136%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of needle roller bearing to Kazakhstan, accounting for a 71% share of total imports. Moreover, needle roller bearing imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+10.9% per year) and Japan (+28.6% per year).

In value terms, China ($X) constituted the largest supplier of needle roller bearing to Kazakhstan, comprising 60% of total imports. The second position in the ranking was held by Russia ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+3.6% per year) and Japan (+18.5% per year).

Import Prices by Country

In 2021, the average needle roller bearing import price amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for needle roller bearings in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 44% share of global consumption. These countries were followed by India, Mexico, Brazil, Japan, Russia, Canada, France, Vietnam, South Korea and the Philippines, which together accounted for a further 34%.

What are the largest producers of needle roller bearings in the world?

The country with the largest volume of needle roller bearing production was China, comprising approx. 28% of total volume. Moreover, needle roller bearing production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The third position in this ranking was occupied by the United States, with an 8.4% share.

What are the leading suppliers of needle roller bearings to Kazakhstan?

In value terms, China constituted the largest supplier of needle roller bearing to Kazakhstan, comprising 64% of total imports. The second position in the ranking was occupied by Russia, with a 16% share of total imports.

What are the leading importers of needle roller bearings from Kazakhstan?

In value terms, Russia emerged as the key foreign market for needle roller bearing exports from Kazakhstan, comprising 95% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 2.3% share of total exports.

What is the average export price for needle roller bearings in Kazakhstan?

The average needle roller bearing export price stood at $42,362 per ton in 2021, waning by -34.3% against the previous year.

What is the average import price for needle roller bearings in Kazakhstan?

The average needle roller bearing import price stood at $49,372 per ton in 2021, shrinking by -8.4% against the previous year.

This report provides an in-depth analysis of the needle roller bearing market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28151070 - Needle roller bearings

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023