Kazakhstan: Wood Drilling Machine Market 2022

Wood Drilling Machine Market Size in Kazakhstan

In 2021, the Kazakh wood drilling machine market decreased by -4.4% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Wood Drilling Machine Exports

Exports from Kazakhstan

After three years of growth, overseas shipments of drilling or morticing machines decreased by -29.8% to X units in 2021. Over the period under review, exports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 2,250% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, wood drilling machine exports dropped rapidly to $X in 2021. Overall, exports, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2013 with an increase of 2,645% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X units), Russia (X units) and Iran (X units) were the main destinations of wood drilling machine exports from Kazakhstan, with a combined 85% share of total exports.

From 2012 to 2021, the biggest increases were in Kyrgyzstan (with a CAGR of +24.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for wood drilling machine exports from Kazakhstan, comprising 81% of total exports. The second position in the ranking was held by Russia ($X), with a 14% share of total exports. It was followed by Tajikistan, with a 3% share.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at +37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-9.0% per year) and Tajikistan (-15.5% per year).

Export Prices by Country

In 2021, the average wood drilling machine export price amounted to $X per unit, shrinking by -22% against the previous year. Overall, the export price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2013 an increase of 99% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Iran ($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 Kyrgyzstan (+9.3%), while the prices for the other major destinations experienced a decline.

Wood Drilling Machine Imports

Imports into Kazakhstan

In 2021, after four years of growth, there was significant decline in supplies from abroad of drilling or morticing machines, when their volume decreased by -6% to X units. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by 120% against the previous year. Imports peaked at X units in 2020, and then reduced in the following year.

In value terms, wood drilling machine imports shrank to $X in 2021. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 108% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then shrank in the following year.

Imports by Country

In 2021, China (X units) constituted the largest wood drilling machine supplier to Kazakhstan, with a 84% share of total imports. Moreover, wood drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. The third position in this ranking was taken by Austria (X units), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+10.4% per year) and Austria (+15.9% per year).

In value terms, Russia ($X), China ($X) and Turkey ($X) constituted the largest wood drilling machine suppliers to Kazakhstan, with a combined 65% share of total imports.

Russia, with a CAGR of +27.7%, 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 2021, the average wood drilling machine import price amounted to $X per unit, increasing by 2.9% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 161%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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