Kazakhstan: Data Storage Device Market 2024

Data Storage Device Market Size in Kazakhstan

The Kazakh data storage device market surged to $X in 2022, growing by 44% 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). In general, consumption, however, recorded a slight decrease. Data storage device consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Data Storage Device Exports

Exports from Kazakhstan

In 2022, after two years of decline, there was significant growth in overseas shipments of data storage devices, when their volume increased by 465% to X units. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, data storage device exports skyrocketed to $X in 2022. In general, exports posted 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 data storage device exports from Kazakhstan, accounting for a 88% share of total exports. Moreover, data storage device exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +29.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+113.0% per year) and the Netherlands (+3.8% per year).

In value terms, Russia ($X) emerged as the key foreign market for data storage devices exports from Kazakhstan, comprising 96% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+117.2% per year) and the Netherlands (+16.3% per year).

Export Prices by Country

In 2022, the average data storage device export price amounted to $X per unit, growing by 347% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the Netherlands ($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 (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into Kazakhstan

In 2022, supplies from abroad of data storage devices increased by 65% to X units, rising for the third consecutive year after three years of decline. In general, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2016 when imports increased by 108%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, data storage device imports surged to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 108%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of data storage device to Kazakhstan, with a 50% share of total imports. Moreover, data storage device imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. Thailand (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+57.8% per year) and Thailand (-4.1% per year).

In value terms, China ($X) constituted the largest supplier of data storage devices to Kazakhstan, comprising 39% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total imports. It was followed by Thailand, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+30.7% per year) and Thailand (-3.5% per year).

Import Prices by Country

The average data storage device import price stood at $X per unit in 2022, declining by -16.9% against the previous year. Over the period under review, the import price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, 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 the Netherlands ($X per unit), while the price for the Philippines ($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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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