Kazakhstan: Ship Propeller Market 2024

Ship Propeller Market Size in Kazakhstan

The Kazakh ship propeller market expanded notably to $X in 2022, surging by X% against the previous year. Overall, consumption, however, continues to indicate a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ship Propeller Production in Kazakhstan

In value terms, ship propeller production reached $X in 2022 estimated in export price. In general, production, however, saw a deep contraction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ship Propeller Exports

Exports from Kazakhstan

In 2022, approx. X units of ships or boats propellers and blades therefor were exported from Kazakhstan; rising by X% against 2021 figures. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ship propeller exports skyrocketed to $X in 2022. In general, exports posted a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for ship propeller exports from Kazakhstan, with a X% share of total exports. Moreover, ship propeller exports to the Netherlands exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

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

In value terms, the UK ($X) remains the key foreign market for ships or boats propellers and blades therefor exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average ship propeller export price amounted to $X per unit, flattening at the previous year. In general, the export price faced a deep setback. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 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 the UK ($X per unit), while the average price for exports to the Netherlands ($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 UK (X%), while the prices for the other major destinations experienced a decline.

Ship Propeller Imports

Imports into Kazakhstan

Ship propeller imports into Kazakhstan skyrocketed to X units in 2022, jumping by X% compared with 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ship propeller imports soared to $X in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest ship propeller supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, ship propeller imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Russia (X units) ranked third in terms of total imports with an X% share.

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

In value terms, the largest ship propeller suppliers to Kazakhstan were Russia ($X), Spain ($X) and the Netherlands ($X), together comprising X% of total imports. The UK, Taiwan (Chinese), Estonia, the United States, China and South Korea lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ship propeller import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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