Kazakhstan: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Kazakhstan

In 2022, the Kazakh market for vacuum pumps and air or gas compressors decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a modest increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Kazakhstan

In 2022, exports of vacuum pumps and air or gas compressors from Kazakhstan skyrocketed to X units, growing by X% against 2021 figures. Over the period under review, exports saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors soared to $X in 2022. In general, exports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X units) was the main destination for exports of vacuum pumps and air or gas compressors from Kazakhstan, accounting for a X% share of total exports. Moreover, exports of vacuum pumps and air or gas compressors to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), sixfold. Kyrgyzstan (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Russia ($X) emerged as the key foreign market for vacuum pumps and air or gas compressors exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the average export price for vacuum pumps and air or gas compressors amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

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Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Kazakhstan

After two years of growth, supplies from abroad of vacuum pumps and air or gas compressors decreased by X% to X units in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vacuum pumps and air or gas compressors surged to $X in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of vacuum pump and air or gas compressor to Kazakhstan, accounting for a X% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. Hungary (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Hungary (X% per year).

In value terms, Romania ($X), Italy ($X) and China ($X) were the largest vacuum pump and air or gas compressor suppliers to Kazakhstan, together comprising X% of total imports.

In terms of the main suppliers, Romania, with a CAGR of X%, recorded the highest growth rate of 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 import price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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