Kazakhstan: Tap And Valve Market 2024

Tap And Valve Market Size in Kazakhstan

In 2022, the Kazakh tap and valve market decreased by X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, recorded a perceptible descent. Tap and valve consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Tap And Valve Production in Kazakhstan

In value terms, tap and valve production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Tap And Valve Exports

Exports from Kazakhstan

In 2022, tap and valve exports from Kazakhstan surged to X tons, rising by X% compared with the previous year. Over the period under review, exports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tap and valve exports surged to $X in 2022. Overall, exports continue to indicate a perceptible increase. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for tap and valve exports from Kazakhstan, with a X% share of total exports. Moreover, tap and valve exports to Russia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold. Turkey (X tons) 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: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, Russia ($X) remains the key foreign market for taps, cocks, valves and similar appliances exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($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: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The average tap and valve export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tap And Valve Imports

Imports into Kazakhstan

After two years of decline, purchases abroad of taps, cocks, valves and similar appliances increased by X% to X tons in 2022. Overall, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, tap and valve imports contracted modestly to $X in 2022. Over the period under review, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of tap and valve imports to Kazakhstan, with a combined X% share of total imports. Germany, Turkey, Ukraine and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest tap and valve suppliers to Kazakhstan were Russia ($X), China ($X) and Italy ($X), together comprising X% of total imports. Germany, the United States, Turkey and Ukraine lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average tap and valve import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood 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 United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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