Kazakhstan: Market for Instrument Panel And Wall Clocks 2024

Market Size for Instrument Panel And Wall Clocks in Kazakhstan

In 2020, after three years of growth, there was significant decline in the Kazakh market for instrument panel and wall clocks, when its value decreased by X% to $X. Overall, consumption continues to indicate a abrupt decrease. Instrument panel and wall clock consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in Kazakhstan

In value terms, instrument panel and wall clock production dropped to $X in 2020 estimated in export price. In general, production continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2020, production growth remained at a somewhat lower figure.

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Exports of Instrument Panel And Wall Clocks

Exports from Kazakhstan

In 2020, approx. X units of instrument panel and wall clocks were exported from Kazakhstan; rising by X% compared with the year before. In general, exports showed significant growth. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2020, the growth of the exports failed to regain momentum.

In value terms, instrument panel and wall clock exports skyrocketed to $X in 2020. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X units) was the main destination for instrument panel and wall clock exports from Kazakhstan, with a X% share of total exports. Moreover, instrument panel and wall clock exports to Russia exceeded the volume sent to the second major destination, Germany (X units), tenfold. Ukraine (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Ukraine (X% per year).

In value terms, Germany ($X), Russia ($X) and the United Arab Emirates ($X) constituted the largest markets for instrument panel and wall clock exported from Kazakhstan worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 export price for instrument panel and wall clocks stood at $X per unit in 2020, surging by X% against the previous year. Overall, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2020, 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 the United Arab Emirates ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Kazakhstan

In 2020, overseas purchases of instrument panel and wall clocks decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, instrument panel and wall clock imports reduced remarkably to $X in 2020. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of instrument panel and wall clock to Kazakhstan, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X), Russia ($X) and Turkey ($X) appeared to be the largest instrument panel and wall clock suppliers to Kazakhstan, together accounting for X% of total imports. Hong Kong SAR, the United Arab Emirates and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per unit, picking up by X% against the previous year. Overall, import price indicated tangible growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, 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 Russia ($X per unit), while the price for Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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