Kazakhstan: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Kazakhstan

In 2022, the Kazakh air conditioning machine market decreased by -10.9% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a perceptible decline. Air conditioning machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Air Conditioning Machine Exports

Exports from Kazakhstan

In 2022, overseas shipments of non-window or wall air conditioning machines increased by 464% to X units, rising for the second year in a row after two years of decline. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine exports soared to $X in 2022. Over the period under review, exports saw a buoyant increase. 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 air conditioning machine exports from Kazakhstan, with a 61% share of total exports. Moreover, air conditioning machine exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), threefold. Uzbekistan (X units) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+45.6% per year) and Uzbekistan (+62.2% per year).

In value terms, Russia ($X), Belarus ($X) and Uzbekistan ($X) were the largest markets for air conditioning machine exported from Kazakhstan worldwide, with a combined 77% share of total exports.

Belarus, with a CAGR of +108.7%, 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 air conditioning machine export price stood at $X per unit in 2022, reducing by -15.3% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 108% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($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 Belarus (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Kazakhstan

For the third year in a row, Kazakhstan recorded decline in purchases abroad of non-window or wall air conditioning machines, which decreased by -19.5% to X units in 2022. In general, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 108%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, air conditioning machine imports dropped to $X in 2022. Overall, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2019 with an increase of 95% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of air conditioning machine to Kazakhstan, with a 29% share of total imports. Moreover, air conditioning machine imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Poland (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.4% per year) and Poland (-5.9% per year).

In value terms, the largest air conditioning machine suppliers to Kazakhstan were China ($X), the Netherlands ($X) and Russia ($X), with a combined 44% share of total imports. Poland, the United States, Italy, Turkey, South Korea, Germany, Slovakia, the United Arab Emirates, Croatia and Lithuania lagged somewhat behind, together comprising a further 48%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +37.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average air conditioning machine import price stood at $X per unit in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2020 an increase of 36%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Russia ($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 (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform