Kazakhstan: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Kazakhstan

For the third year in a row, the Kazakh market for non-domestic percolators and equipment for cooking or heating food recorded growth in sales value, which increased by 5% to $X in 2022. Over the period under review, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Kazakhstan

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food exported from Kazakhstan surged to X units, jumping by 251% on 2021. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 271%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Kazakhstan, accounting for a 86% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), eightfold. Kyrgyzstan (X units) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +41.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+16.1% per year) and Kyrgyzstan (+1.8% per year).

In value terms, Russia ($X) emerged as the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Kazakhstan, comprising 87% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 11% share of total exports. It was followed by Kyrgyzstan, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +62.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+15.3% per year) and Kyrgyzstan (+5.6% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, jumping by 35% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 79%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Kazakhstan

For the third consecutive year, Kazakhstan recorded growth in overseas purchases of non-domestic percolators and equipment for cooking or heating food, which increased by 11% to X units in 2022. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 56%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food rose to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Kazakhstan, accounting for a 76% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +36.8%.

In value terms, Russia ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Kazakhstan, comprising 34% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +4.1%.

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, falling by -8% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.4%).

Source: IndexBox Platform