Kazakhstan: Loudspeaker Market 2024

Loudspeaker Market Size in Kazakhstan

After two years of growth, the Kazakh loudspeaker market decreased by X% to $X in 2023. Over the period under review, consumption, however, posted prominent growth. Over the period under review, the market reached the peak level at $X in 2022, and then shrank notably in the following year.

Loudspeaker Production in Kazakhstan

In value terms, loudspeaker production contracted to $X in 2023 estimated in export price. Overall, production recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Loudspeaker production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

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Loudspeaker Exports

Exports from Kazakhstan

In 2023, overseas shipments of loudspeakers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, loudspeaker exports stood at $X in 2023. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for loudspeaker exports from Kazakhstan, with a X% share of total exports. Moreover, loudspeaker exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), fivefold. Uzbekistan (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, 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: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

In value terms, Russia ($X) remains the key foreign market for loudspeakers exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, 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: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The average loudspeaker export price stood at $X per unit in 2023, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2023, 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 Russia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), while the prices for the other major destinations experienced a decline.

Loudspeaker Imports

Imports into Kazakhstan

In 2023, after two years of growth, there was significant decline in supplies from abroad of loudspeakers, when their volume decreased by X% to X units. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2022, and then reduced in the following year.

In value terms, loudspeaker imports fell significantly to $X in 2023. Over the period under review, imports, however, posted prominent growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then fell remarkably in the following year.

Imports by Country

In 2023, China (X units) was the main loudspeaker supplier to Kazakhstan, with a X% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms 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 South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2023, the average loudspeaker import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, loudspeaker import price increased by X% against 2018 indices. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform