Speed Changer Price in Kazakhstan - 2022

Contents:

  1. Speed Changer Price in Kazakhstan (CIF) - 2022
  2. Speed Changer Price in Kazakhstan (FOB) - 2022
  3. Speed Changer Imports in Kazakhstan
  4. Speed Changer Exports in Kazakhstan

Speed Changer Price in Kazakhstan (CIF) - 2022

In 2022, the average speed changer import price amounted to $9,968 per ton, increasing by 3.8% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. The import price peaked at $12,565 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($53,203 per ton), while the price for China ($4,134 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Speed Changer Price in Kazakhstan (FOB) - 2022

The average speed changer export price stood at $22,382 per ton in 2022, surging by 44% against the previous year. Over the period under review, export price indicated a resilient expansion from 2013 to 2022: its price increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 95%. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($150,037 per ton), while the average price for exports to Armenia ($1,123 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Speed Changer Imports in Kazakhstan

In 2022, approx. 9K tons of speed changers, industrial high-speed drives and gear were imported into Kazakhstan; shrinking by -29% on 2021. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, imports attained the peak of 13K tons, and then dropped significantly in the following year.

In value terms, speed changer imports contracted sharply to $90M in 2022. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $122M, and then contracted notably in the following year.

Import of Speed Changer in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia28.429.037.937.39.5%
China9.16.226.014.516.8%
Germany5.94.113.28.512.9%
United States6.55.69.26.3-1.0%
Ukraine3.21.57.03.75.0%
Others13.911.829.019.812.5%
Total67.158.112290.110.3%

Top Suppliers of Speed Changer to Kazakhstan in 2022:

  1. Russia (4.2K tons)
  2. China (3.5K tons)
  3. Ukraine (0.4K tons)
  4. Germany (0.2K tons)
  5. United States (0.1K tons)

Speed Changer Exports in Kazakhstan

In 2022, overseas shipments of speed changers, industrial high-speed drives and gear increased by 3% to 97 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt downturn.

In value terms, speed changer exports skyrocketed to $2.2M in 2022. In general, exports, however, saw a deep contraction.

Export of Speed Changer in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6477314427063.0%
Uzbekistan980603395556-17.2%
Belgium38.255321923282.4%
Kyrgyzstan68.417044.318639.6%
Netherlands10263.414216016.2%
Germany341175112160-22.3%
Azerbaijan16.028.318.521.510.4%
Afghanistan5.71184.37.49.1%
Ukraine1.841.50.40.5-34.8%
Lithuania2150.4N/AN/A-99.8%
Others25639190.8142-17.8%
Total2,6712,8751,4682,172-6.7%

Top Export Markets for Speed Changer from Kazakhstan in 2022:

  1. Russia (63.6 tons)
  2. Kyrgyzstan (11.3 tons)
  3. Netherlands (4.8 tons)
  4. Azerbaijan (4.5 tons)
  5. Uzbekistan (3.7 tons)
  6. Germany (2.7 tons)
  7. Belgium (2.7 tons)
  8. Afghanistan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Speed Changers, Industrial High-Speed Drives, And Gear - Kazakhstan