Seals; Mechanical Price in Kazakhstan - 2022

Contents:

  1. Seals; Mechanical Price in Kazakhstan (CIF) - 2022
  2. Seals; Mechanical Price in Kazakhstan (FOB) - 2022
  3. Seals; Mechanical Imports in Kazakhstan
  4. Seals; Mechanical Exports in Kazakhstan

Seals; Mechanical Price in Kazakhstan (CIF) - 2022

In 2022, the average seals; mechanical import price amounted to $83 per unit, shrinking by -46.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 74%. The import price peaked at $171 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($746 per unit), while the price for Russia ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Kazakhstan (FOB) - 2022

The average seals; mechanical export price stood at $75 per unit in 2022, picking up by 86% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 483%. Over the period under review, the average export prices reached the maximum at $172 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($79 per unit), while the average price for exports to Armenia ($1 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 Netherlands (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas purchases of seals; mechanicals, which increased by 32% to 130K units in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical imports shrank sharply to $11M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, imports attained the peak of $15M, and then shrank dramatically in the following year.

Import of Seals; Mechanical in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.82.13.62.444.2%
Russia1.71.61.81.93.8%
Czech Republic0.31.01.01.363.0%
United States0.70.71.01.219.7%
China1.60.50.81.0-14.5%
United Arab Emirates4.32.74.8N/A5.7%
Others1.41.72.43.028.9%
Total10.810.215.310.80.0%

Top Suppliers of Seals; Mechanical to Kazakhstan in 2022:

  1. United Arab Emirates (undefinedK units)
  2. Russia (78.0K units)
  3. China (21.4K units)
  4. Germany (13.1K units)
  5. United States (5.1K units)
  6. Czech Republic (2.3K units)

Seals; Mechanical Exports in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in shipments abroad of seals; mechanicals, which increased by 289% to 13K units in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical exports soared to $966K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seals; Mechanical in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.10.534.18341927.9%
Netherlands0.51.14.136.2316.8%
KyrgyzstanN/A0.42.93.5195.8%
ArmeniaN/AN/AN/A1.20%
Germany10.510.3N/AN/A-1.9%
Others46.228.292.191.425.5%
Total57.440.4133966156.3%

Top Export Markets for Seals; Mechanical from Kazakhstan in 2022:

  1. Russia (10.5K units)
  2. Armenia (1.2K units)
  3. Netherlands (0.7K units)
  4. Kyrgyzstan (0.2K units)

Source: IndexBox Market Intelligence Platform

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