Kazakhstan: Smoothing Iron Market 2024

Smoothing Iron Market Size in Kazakhstan

The Kazakh smoothing iron market dropped remarkably to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a moderate expansion. Smoothing iron consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Smoothing Iron Exports

Exports from Kazakhstan

In 2022, approx. X units of electric smoothing irons were exported from Kazakhstan; increasing by X% on 2021. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, smoothing iron exports surged to $X in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for smoothing iron exports from Kazakhstan, with a X% share of total exports. Moreover, smoothing iron exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), ninefold.

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

In value terms, Russia ($X) emerged as the key foreign market for electric smoothing irons exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

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

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2022, surging by X% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, smoothing iron export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to the Netherlands ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Kazakhstan

In 2022, approx. X units of electric smoothing irons were imported into Kazakhstan; shrinking by X% on 2021. In general, imports recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, smoothing iron imports reduced remarkably to $X in 2022. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined markedly in the following year.

Imports by Country

Russia (X units), China (X units) and Hungary (X units) were the main suppliers of smoothing iron imports to Kazakhstan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest smoothing iron suppliers to Kazakhstan were Russia ($X), China ($X) and Hungary ($X), with a combined X% share of total imports. Germany and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, saw 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

In 2022, the average smoothing iron import price amounted to $X per unit, reducing by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Portugal ($X per unit) and Russia ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, 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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