Plugs and Socket Price in Kazakhstan - 2024

Contents:

  1. Plugs and Socket Price in Kazakhstan (CIF) - 2022
  2. Plugs and Socket Price in Kazakhstan (FOB) - 2022
  3. Plugs and Socket Imports in Kazakhstan
  4. Plugs and Socket Exports in Kazakhstan

Plugs and Socket Price in Kazakhstan (CIF) - 2022

In 2022, the average plugs and socket import price amounted to $0.1 per unit, picking up by 8.8% against the previous year. In general, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 27%. Over the period under review, average import prices reached the peak figure at $0.2 per unit in 2018; however, from 2019 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 Turkey ($2.3 per unit), while the price for China (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.1%).

Plugs and Socket Price in Kazakhstan (FOB) - 2022

In 2022, the average plugs and socket export price amounted to $0.1 per unit, rising by 69% against the previous year. Overall, the export price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 112%. As a result, the export price attained the peak level of $0.4 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

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 Kyrgyzstan ($0.2 per unit), while the average price for exports to Russia totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.9%).

Plugs and Socket Imports in Kazakhstan

In 2022, purchases abroad of electrical plugs and sockets for under 1000 v decreased by -20.6% to 187M units, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 57%. As a result, imports attained the peak of 293M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plugs and socket imports reduced to $21M in 2022. In general, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of $26M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Plugs and Socket in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.77.36.25.614.8%
Russia11.111.012.05.3-21.8%
Belarus0.91.00.91.313.0%
Others6.36.35.28.711.4%
Total21.925.624.321.0-1.4%

Top Suppliers of Plugs and Socket to Kazakhstan in 2022:

  1. China (132.3M units)
  2. Russia (33.8M units)
  3. Belarus (14.7M units)

Plugs and Socket Exports in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of electrical plugs and sockets for under 1000 v, which increased by 285% to 30M units in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plugs and socket exports soared to $4.4M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Plugs and Socket in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia37.943.44753,785364.0%
Kyrgyzstan51.571.213241099.7%
Uzbekistan11.317.11.126.532.9%
Others59.343.766.516841.5%
Total1601756754,390201.6%

Top Export Markets for Plugs and Socket from Kazakhstan in 2022:

  1. Russia (28.0M units)
  2. Kyrgyzstan (1.7M units)
  3. Uzbekistan (0.2M units)

Source: IndexBox Market Intelligence Platform

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