Kazakhstan: Market for Wiring sets used in vehicles, aircraft or ships 2023

Market Size for Wiring sets used in vehicles, aircraft or ships in Kazakhstan

The Kazakh market for wiring sets used in vehicles, aircraft or ships stood at $X in 2021, with an increase of 6.2% 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). In general, consumption, however, enjoyed buoyant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Kazakhstan

Exports of wiring sets used in vehicles, aircraft or ships from Kazakhstan was estimated at X tons in 2021, remaining stable against 2020 figures. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 879%. Over the period under review, the exports of attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $X in 2021. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 669%. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Uzbekistan (X tons) and Russia (X tons) were the main destinations of exports of wiring sets used in vehicles, aircraft or ships from Kazakhstan, together comprising 87% of total exports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +251.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wiring sets used in vehicles, aircraft or ships exported from Kazakhstan were the Netherlands ($X), Uzbekistan ($X) and the United States ($X), together accounting for 90% of total exports.

Among the main countries of destination, Uzbekistan, with a CAGR of +214.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, rising by 20% against the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 63% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Kazakhstan

After two years of growth, purchases abroad of wiring sets used in vehicles, aircraft or ships decreased by -4.8% to X tons in 2021. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 176% against the previous year. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships amounted to $X in 2021. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 120% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Russia (X tons) and the United States (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Kazakhstan, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +71.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and the United States ($X) were the largest wiring sets used in vehicles, aircraft or ships suppliers to Kazakhstan, together accounting for 86% of total imports.

Among the main suppliers, China, with a CAGR of +70.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, surging by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $X per ton in 2013; however, from 2014 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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