Kazakhstan: Non-Household Fan Market 2024

Non-Household Fan Market Size in Kazakhstan

After two years of growth, the Kazakh non-household fan market decreased by -49.7% to $X in 2022. In general, consumption showed a abrupt decrease. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Non-Household Fan Exports

Exports from Kazakhstan

In 2022, overseas shipments of non-household ventilation fans increased by 97% to X units, rising for the second year in a row after two years of decline. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 2,061%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-household fan exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 1,787% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Russia (X units), Kyrgyzstan (X units) and Turkey (X units) were the main destinations of non-household fan exports from Kazakhstan, together comprising 93% of total exports. Georgia, the UK, Saudi Arabia and the Netherlands lagged somewhat behind, together comprising a further 2%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +100.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-household fan exported from Kazakhstan were Kyrgyzstan ($X), Russia ($X) and Turkey ($X), together accounting for 88% of total exports. The UK, Georgia, Saudi Arabia and the Netherlands lagged somewhat behind, together accounting for a further 0.8%.

Among the main countries of destination, Georgia, with a CAGR of +108.9%, 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

In 2022, the average non-household fan export price amounted to $X per unit, rising by 54% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Georgia ($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 the Netherlands (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into Kazakhstan

After two years of growth, purchases abroad of non-household ventilation fans decreased by -45.6% to X units in 2022. Overall, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Over the period under review, imports hit record highs at X units in 2021, and then declined significantly in the following year.

In value terms, non-household fan imports shrank markedly to $X in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-household fan to Kazakhstan, accounting for a 78% share of total imports. Moreover, non-household fan imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), sixfold. Poland (X units) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+5.4% per year) and Poland (-3.5% per year).

In value terms, the largest non-household fan suppliers to Kazakhstan were Russia ($X), China ($X) and Germany ($X), with a combined 71% share of total imports.

China, with a CAGR of +8.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average non-household fan import price amounted to $X per unit, falling by -8.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by 43% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform