Kazakhstan: Pump For Liquid Market 2024

Pump For Liquid Market Size in Kazakhstan

The Kazakh pump for liquid market soared to $X in 2021, jumping by 34% against the previous year. In general, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -31.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Pump For Liquid Production in Kazakhstan

In value terms, pump for liquid production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pump For Liquid Exports

Exports from Kazakhstan

In 2021, shipments abroad of pumps for liquids and liquid elevators decreased by -41.8% to X units, falling for the fourth year in a row after two years of growth. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by 154% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, pump for liquid exports surged to $X in 2021. Over the period under review, exports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2016 with an increase of 82%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for pump for liquid exports from Kazakhstan, accounting for a 41% share of total exports. Moreover, pump for liquid exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), fourfold. The third position in this ranking was taken by Iraq (X units), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+12.1% per year) and Iraq (-20.2% per year).

In value terms, the largest markets for pump for liquid exported from Kazakhstan were Russia ($X), the UK ($X) and Uzbekistan ($X), together comprising 46% of total exports. Iraq, Kyrgyzstan, Romania, Turkey, Tajikistan, China, Mongolia, the United States, Afghanistan and Armenia lagged somewhat behind, together accounting for a further 26%.

Romania, with a CAGR of +45.7%, recorded 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 pump for liquid export price stood at $X per unit in 2021, picking up by 101% against the previous year. Over the period under review, the export price posted prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 105%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Armenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into Kazakhstan

Pump for liquid imports into Kazakhstan skyrocketed to X units in 2021, increasing by 43% against 2020. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2019 when imports increased by 47% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, pump for liquid imports soared to $X in 2021. In general, imports, however, saw a slight shrinkage. The growth pace was the most rapid in 2019 when imports increased by 98%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest pump for liquid supplier to Kazakhstan, accounting for a 63% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fourfold. The third position in this ranking was taken by South Korea (X units), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+2.6% per year) and South Korea (+32.6% per year).

In value terms, the largest pump for liquid suppliers to Kazakhstan were Russia ($X), China ($X) and South Korea ($X), together comprising 63% of total imports.

South Korea, with a CAGR of +47.3%, saw the highest growth rate of 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 2021, the average pump for liquid import price amounted to $X per unit, reducing by -12.6% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 35%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by South Korea (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform