Kazakhstan: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Kazakhstan

After three years of growth, the Kazakh market for spray guns and similar appliances decreased by -49.2% to $X in 2022. Overall, consumption, however, recorded strong growth. Spray guns and similar appliances consumption peaked at $X in 2021, and then shrank sharply in the following year.

Exports of Spray Guns And Similar Appliances

Exports from Kazakhstan

In 2022, shipments abroad of spray guns and similar appliances was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spray guns and similar appliances exports skyrocketed to $X in 2022. In general, exports showed a significant 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 spray guns and similar appliances exports from Kazakhstan, accounting for a 73% share of total exports. Moreover, spray guns and similar appliances exports to Russia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. The third position in this ranking was held by Belarus (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Belarus (+30.3% per year).

In value terms, Russia ($X) emerged as the key foreign market for spray guns and similar appliances exports from Kazakhstan, comprising 87% of total exports. The second position in the ranking was held by Belarus ($X), with an 8.7% share of total exports. It was followed by the United Arab Emirates, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +69.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+54.9% per year) and the United Arab Emirates (0.0% per year).

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, with an increase of 68% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 71%. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 Belarus ($X per unit), while the average price for exports to the United Arab Emirates ($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 Russia (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Kazakhstan

After three years of growth, purchases abroad of spray guns and similar appliances decreased by -50% to X units in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 146%. Over the period under review, imports reached the maximum at X units in 2021, and then dropped rapidly in the following year.

In value terms, spray guns and similar appliances imports declined rapidly to $X in 2022. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 175%. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

China (X units), Russia (X units) and the United States (X units) were the main suppliers of spray guns and similar appliances imports to Kazakhstan, together accounting for 92% of total imports. Ukraine, the UK and Hungary lagged somewhat behind, together accounting for a further 5.5%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +96.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spray guns and similar appliances suppliers to Kazakhstan were China ($X), Russia ($X) and the United States ($X), with a combined 78% share of total imports. The UK, Ukraine and Hungary lagged somewhat behind, together comprising a further 12%.

Hungary, with a CAGR of +106.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for spray guns and similar appliances stood at $X per unit in 2022, with an increase of 16% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 30%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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