Kazakhstan: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Kazakhstan

The Kazakh oil dispensing pump market fell remarkably to $X in 2022, reducing 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 recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Oil Dispensing Pump Exports

Exports from Kazakhstan

In 2022, overseas shipments of petrol and oil dispensing pumps increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, exports showed a significant increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, oil dispensing pump exports soared to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Uzbekistan (X units) was the main destination for oil dispensing pump exports from Kazakhstan, with a X% share of total exports. Moreover, oil dispensing pump exports to Uzbekistan exceeded the volume sent to the second major destination, Russia (X units), sixfold.

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

In value terms, Russia ($X), Uzbekistan ($X) and Kyrgyzstan ($X) constituted the largest markets for oil dispensing pump exported from Kazakhstan worldwide, with a combined X% share of total exports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oil dispensing pump export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Uzbekistan ($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.

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Oil Dispensing Pump Imports

Imports into Kazakhstan

In 2022, oil dispensing pump imports into Kazakhstan shrank to X units, with a decrease of X% against 2021 figures. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. 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, oil dispensing pump imports reduced dramatically to $X in 2022. Over the period under review, imports recorded a noticeable setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of oil dispensing pump to Kazakhstan, with a X% share of total imports. Moreover, oil dispensing pump imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X), Russia ($X) and Italy ($X) appeared to be the largest oil dispensing pump suppliers to Kazakhstan, together accounting for X% of total imports.

Among the main suppliers, Italy, 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 mixed trend patterns.

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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