Kazakhstan: Percussion Musical Instrument Market 2024

Percussion Musical Instrument Market Size in Kazakhstan

In 2022, the Kazakh percussion musical instrument market increased by 234% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Percussion Musical Instrument Exports

Exports from Kazakhstan

In 2022, overseas shipments of percussion musical instruments increased by 168% to X units, rising for the second consecutive year after two years of decline. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,400% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, percussion musical instrument exports surged to $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 2,410% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for percussion musical instrument exports from Kazakhstan, accounting for a 97% share of total exports. It was followed by Latvia (X units), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (0.0% per year) and Uzbekistan (-12.9% per year).

In value terms, Russia ($X) emerged as the key foreign market for percussion musical instruments exports from Kazakhstan, comprising 96% of total exports. The second position in the ranking was held by Latvia ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (0.0% per year) and Uzbekistan (-22.9% per year).

Export Prices by Country

The average percussion musical instrument export price stood at $X per unit in 2022, picking up by 86% against the previous year. Overall, the export price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 125% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per unit), while the average price for exports to Uzbekistan ($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 Uzbekistan (-11.4%), while the prices for the other major destinations experienced a decline.

Percussion Musical Instrument Imports

Imports into Kazakhstan

In 2022, purchases abroad of percussion musical instruments increased by 245% to X units, rising for the second consecutive year after two years of decline. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, percussion musical instrument imports skyrocketed to $X in 2022. Overall, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest percussion musical instrument supplier to Kazakhstan, with a 45% share of total imports. Moreover, percussion musical instrument imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.6% per year) and the Netherlands (+26.4% per year).

In value terms, China ($X) constituted the largest supplier of percussion musical instruments to Kazakhstan, comprising 44% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.6% per year) and the Netherlands (+23.4% per year).

Import Prices by Country

In 2022, the average percussion musical instrument import price amounted to $X per unit, falling by -5.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 68%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Germany ($X per unit), while the price for Russia ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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