Kazakhstan: Wheeled Loader Market 2024

Wheeled Loader Market Size in Kazakhstan

In 2021, the Kazakh wheeled loader market increased by 12% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption recorded tangible growth. Wheeled loader consumption peaked in 2021 and is expected to retain growth in the immediate term.

Wheeled Loader Exports

Exports from Kazakhstan

In 2021, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were exported from Kazakhstan; remaining constant against 2020 figures. In general, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 600% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, wheeled loader exports contracted to $X in 2021. Over the period under review, exports recorded a mild increase. The pace of growth was the most pronounced in 2020 when exports increased by 801%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Azerbaijan (X units) was the main destination for wheeled loader exports from Kazakhstan, accounting for a 36% share of total exports. Moreover, wheeled loader exports to Azerbaijan exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was taken by Uzbekistan (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Azerbaijan stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Uzbekistan (-4.4% per year).

In value terms, Russia ($X), Uzbekistan ($X) and Azerbaijan ($X) constituted the largest markets for wheeled loader exported from Kazakhstan worldwide, together accounting for 68% of total exports.

Among the main countries of destination, Azerbaijan, with a CAGR of +22.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wheeled loader export price stood at $X per unit in 2021, shrinking by -5.7% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wheeled loader export price increased by +76.8% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Turkmenistan ($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 Ukraine (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Kazakhstan

In 2021, overseas purchases of wheeled loaders, crawler shovel loaders, front-end loaders increased by 21% to X units, rising for the fifth consecutive year after three years of decline. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 126% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, wheeled loader imports expanded remarkably to $X in 2021. Overall, imports saw temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 123% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wheeled loader to Kazakhstan, with a 87% share of total imports. Moreover, wheeled loader imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-2.2% per year) and the UK (-0.8% per year).

In value terms, China ($X) constituted the largest supplier of wheeled loaders, crawler shovel loaders, front-end loaders to Kazakhstan, comprising 75% of total imports. The second position in the ranking was held by Thailand ($X), with a 2.9% share of total imports. It was followed by Sweden, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+7.8% per year) and Sweden (-0.5% per year).

Import Prices by Country

In 2021, the average wheeled loader import price amounted to $X per unit, with a decrease of -10.1% against the previous year. In general, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in 2016 an increase of 19% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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