Kazakhstan: Vacuum Pump Market 2024

Vacuum Pump Market Size in Kazakhstan

The Kazakh vacuum pump market declined remarkably to $X in 2022, with a decrease of -16.4% 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, enjoyed a mild increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Vacuum Pump Exports

Exports from Kazakhstan

In 2022, the amount of vacuum pumps exported from Kazakhstan surged to X units, increasing by 459% against 2021. Over the period under review, exports enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 1,000% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vacuum pump exports soared to $X in 2022. Overall, exports, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 1,828% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), Russia (X units) and Turkey (X units) were the main destinations of vacuum pump exports from Kazakhstan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of +1,800.0%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for vacuum pumps exports from Kazakhstan, comprising 62% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Turkey, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +259.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Turkey (+76.9% per year).

Export Prices by Country

The average vacuum pump export price stood at $X per unit in 2022, with a decrease of -7.9% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 177% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the UK ($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 (+118.3%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Kazakhstan

In 2022, the amount of vacuum pumps imported into Kazakhstan shrank dramatically to X units, waning by -39% compared with the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 234%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, vacuum pump imports surged to $X in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of vacuum pump to Kazakhstan, accounting for a 52% share of total imports. Moreover, vacuum pump imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Switzerland (X units) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.5% per year) and Switzerland (-12.9% per year).

In value terms, the largest vacuum pump suppliers to Kazakhstan were Germany ($X), Russia ($X) and China ($X), together comprising 80% of total imports. Malaysia, Switzerland, Turkey and Ukraine lagged somewhat behind, together accounting for a further 4.4%.

In terms of the main suppliers, Malaysia, with a CAGR of +32.3%, saw the highest rates of growth with regard to 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

The average vacuum pump import price stood at $X per unit in 2022, increasing by 135% against the previous year. Overall, the import price posted a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :