Kazakhstan: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Kazakhstan

The Kazakh stone sawing machine market surged to $X in 2021, rising by 15% 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 saw buoyant growth. Stone sawing machine consumption peaked in 2021 and is likely to continue growth in the immediate term.

Stone Sawing Machine Exports

Exports from Kazakhstan

In 2021, stone sawing machine exports from Kazakhstan surged to X units, increasing by 33% compared with the previous year's figure. Over the period under review, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 1,250%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, stone sawing machine exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 1,154%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X units) and Russia (X units) were the main destinations of stone sawing machine exports from Kazakhstan.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of -15.4%).

In value terms, Russia ($X) emerged as the key foreign market for sawing machines for working stone, ceramics and concrete exports from Kazakhstan, comprising 51% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-24.4% per year) and Kyrgyzstan (-19.4% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, picking up by 30% against the previous year. In general, the export price enjoyed a moderate increase. The growth pace was the most rapid in 2016 when the average export price increased by 100% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Kyrgyzstan ($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 Uzbekistan (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Stone Sawing Machine Imports

Imports into Kazakhstan

For the third year in a row, Kazakhstan recorded growth in overseas purchases of sawing machines for working stone, ceramics and concrete, which increased by 5.7% to X units in 2021. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 335% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, stone sawing machine imports soared to $X in 2021. Overall, imports saw a noticeable increase. The pace of growth appeared the most rapid in 2019 with an increase of 187%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of stone sawing machine to Kazakhstan, accounting for a 51% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. Iran (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+18.6% per year) and Iran (+70.8% per year).

In value terms, China ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Kazakhstan, comprising 39% of total imports. The second position in the ranking was held by Turkey ($X), with a 12% share of total imports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.9% per year) and Russia (+9.2% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, rising by 21% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Armenia ($X per unit), while the price for Iran ($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 (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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