Kazakhstan: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in Kazakhstan

The Kazakh numerically controlled sharpening machine market skyrocketed to $X in 2022, increasing by 55% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. Numerically controlled sharpening machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Kazakhstan

In value terms, numerically controlled sharpening machine production totaled $X in 2022 estimated in export price. Over the period under review, production saw a sharp reduction. The pace of growth was the most pronounced in 2014 when the production volume increased by 6,709,200% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Kazakhstan

In 2022, the amount of numerically controlled sharpening machines for working metal exported from Kazakhstan was estimated at X units, remaining relatively unchanged against the previous year's figure. Overall, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, numerically controlled sharpening machine exports declined to $X in 2022. Over the period under review, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2016 when exports increased by 82% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for numerically controlled sharpening machine exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +11.6%.

In value terms, Russia ($X) also remains the key foreign market for numerically controlled sharpening machines for working metal exports from Kazakhstan.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +16.1%.

Export Prices by Country

In 2022, the average numerically controlled sharpening machine export price amounted to $X per unit, with a decrease of -8.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 82%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +11.9% per year.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Kazakhstan

In 2022, approx. X units of numerically controlled sharpening machines for working metal were imported into Kazakhstan; rising by 40% compared with the previous year. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 192%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, numerically controlled sharpening machine imports skyrocketed to $X in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,316% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of numerically controlled sharpening machine to Kazakhstan, accounting for a 76% share of total imports. Moreover, numerically controlled sharpening machine imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and Turkey (0.0% per year).

In value terms, the largest numerically controlled sharpening machine suppliers to Kazakhstan were China ($X), the United States ($X) and Turkey ($X).

In terms of the main suppliers, the United States, with a CAGR of +119.7%, recorded the highest rates of growth with regard to 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 numerically controlled sharpening machine import price stood at $X per unit in 2022, picking up by 117% against the previous year. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 386%. The import price peaked at $X per unit in 2017; however, from 2018 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 China ($X per unit), while the price for Turkey ($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 (+70.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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