Kazakhstan: Orthopaedic Appliances Market 2024

Orthopaedic Appliances Market Size in Kazakhstan

The Kazakh orthopaedic appliances market contracted slightly to $X in 2022, which is down by -2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +65.4% against 2015 indices. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Orthopaedic Appliances Exports

Exports from Kazakhstan

In 2022, overseas shipments of orthopaedic appliances and splints increased by 346% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 1,627% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, orthopaedic appliances exports soared to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 2,762%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for orthopaedic appliances exports from Kazakhstan, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +47.3%.

In value terms, Russia ($X) emerged as the key foreign market for orthopaedic appliances and splints exports from Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +116.8%.

Export Prices by Country

In 2022, the average orthopaedic appliances export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2014 an increase of 1,650%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Russia amounted to +47.2% per year.

Orthopaedic Appliances Imports

Imports into Kazakhstan

In 2022, orthopaedic appliances imports into Kazakhstan shrank to X tons, waning by -12% against the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +70.4% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, orthopaedic appliances imports soared to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +18.2% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 36% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of orthopaedic appliances to Kazakhstan, with a 59% share of total imports. Moreover, orthopaedic appliances imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Bulgaria (X tons), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.6% per year) and Bulgaria (-9.6% per year).

In value terms, the largest orthopaedic appliances suppliers to Kazakhstan were Russia ($X), China ($X) and Mexico ($X), together comprising 36% of total imports.

Among the main suppliers, Mexico, with a CAGR of +296.9%, 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

In 2022, the average orthopaedic appliances import price amounted to $X per ton, jumping by 32% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Mexico ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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