Kazakhstan: Gear Cutting Machine Market 2024

Gear Cutting Machine Market Size in Kazakhstan

The Kazakh gear cutting machine market skyrocketed to $X in 2023, increasing by X% against the previous year. In general, consumption recorded a prominent increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Gear Cutting Machine Production in Kazakhstan

In value terms, gear cutting machine production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Gear Cutting Machine Exports

Exports from Kazakhstan

Gear cutting machine exports from Kazakhstan surged to X units in 2023, picking up by X% compared with 2022 figures. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, gear cutting machine exports fell to $X in 2023. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Iran (X units) was the main destination for gear cutting machine exports from Kazakhstan, accounting for a X% share of total exports. Moreover, gear cutting machine exports to Iran exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume to Iran totaled X%.

In value terms, Iran ($X) emerged as the key foreign market for gear cutting, gear grinding or gear finishing machines exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Iran stood at X%.

Export Prices by Country

In 2023, the average gear cutting machine export price amounted to $X per unit, declining by X% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2023, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Iran amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%).

Gear Cutting Machine Imports

Imports into Kazakhstan

In 2023, the amount of gear cutting, gear grinding or gear finishing machines imported into Kazakhstan surged to X units, with an increase of X% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, gear cutting machine imports surged to $X in 2023. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the Czech Republic (X units) constituted the largest supplier of gear cutting machine to Kazakhstan, accounting for a X% share of total imports. Moreover, gear cutting machine imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Belarus (X units), fivefold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and China (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of gear cutting, gear grinding or gear finishing machines to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual growth rate of value from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2023, the average gear cutting machine import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the price for Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform