Kazakhstan: Measuring Instrument Market 2024

Measuring Instrument Market Size in Kazakhstan

The Kazakh measuring instrument market contracted significantly to $X in 2022, falling by X% against the previous year. Overall, consumption continues to indicate a mild setback. Measuring instrument consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Measuring Instrument Production in Kazakhstan

In value terms, measuring instrument production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a precipitous decrease. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Measuring instrument production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Measuring Instrument Exports

Exports from Kazakhstan

In 2022, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were exported from Kazakhstan; with an increase of X% compared with the year before. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, measuring instrument exports soared to $X in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for measuring instrument exports from Kazakhstan, with a X% share of total exports. Moreover, measuring instrument exports to Russia exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold. China (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for instruments and apparatus for measuring or checking the flow or level of liquids exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

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

Export Prices by Country

The average measuring instrument export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to China ($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 Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports

Imports into Kazakhstan

In 2022, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into Kazakhstan; waning by X% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, measuring instrument imports dropped sharply to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) constituted the largest measuring instrument supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, measuring instrument imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was held by France (X units), with a X% share.

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

In value terms, the largest measuring instrument suppliers to Kazakhstan were Russia ($X), Germany ($X) and France ($X), together accounting for X% of total imports. The United States, the UK, China and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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 measuring instrument import price amounted to $X per unit, reducing by X% against the previous year. Overall, import price indicated mild growth 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, measuring instrument 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 2021, and then contracted in the following year.

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 Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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