Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan - 2022

Contents:

  1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (CIF) - 2022
  2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (FOB) - 2022
  3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan
  4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (CIF) - 2022

In 2022, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $36 per unit, increasing by 86% against the previous year. In general, the import price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 139%. The import price peaked at $49 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($59 per unit), while the price for Russia ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (FOB) - 2022

The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $80 per unit in 2022, dropping by -16.3% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the peak figure at $96 per unit in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($547 per unit), while the average price for exports to Armenia ($14 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 Poland (+1,048.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan

In 2022, overseas purchases of refrigerating or freezing equipment; parts thereof, other than furniture decreased by -58.1% to 155K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 371K units, and then fell remarkably in the following year.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture contracted sharply to $5.5M in 2022. In general, imports faced a deep downturn. The smallest decline of -0.1% was in 2020. Over the period under review, imports of attained the peak figure at $7.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.11.21.7157.1%
Turkey0.10.11.11.3135.1%
Russia0.30.73.81.258.7%
Italy0.10.10.20.571.0%
PolandN/AN/A0.10.2100.0%
South Korea7.06.30.20.1-75.7%
Others0.10.20.70.791.3%
Total7.77.77.15.5-10.6%

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Kazakhstan in 2022:

  1. China (48.4K units)
  2. Russia (48.0K units)
  3. Turkey (33.2K units)
  4. Italy (8.1K units)
  5. Poland (5.2K units)
  6. South Korea (1.6K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in shipments abroad of refrigerating or freezing equipment; parts thereof, other than furniture, which increased by 71% to 1.8K units in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 162%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $145K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A68.30%
Kyrgyzstan8.911.15.635.158.0%
Germany0.219.137.225.2401.3%
Mongolia0.2N/AN/A4.2175.9%
Uzbekistan4.98.37.53.5-10.6%
Tajikistan0.10.20.83.0210.7%
ArmeniaN/AN/AN/A1.10%
United States5.47.210.3N/A38.1%
Others13.812.040.04.5-31.2%
Total33.658.010114562.8%

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Kazakhstan in 2022:

  1. Kyrgyzstan (940.0 units)
  2. Russia (458.0 units)
  3. Uzbekistan (99.0 units)
  4. Mongolia (82.0 units)
  5. Armenia (76.0 units)
  6. Tajikistan (67.0 units)
  7. Germany (46.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Refrigerating or freezing equipment; parts thereof, other than furniture - Kazakhstan