Kazakhstan hoisting equipment market fell to X dollars in 2021, down -X% year-on-year. From 2012 to 2021, market capitalization has grown at an average annual rate of +X%; however, the trend pattern indicates that some notable fluctuations were recorded throughout the analysis period. As a result, consumption peaks at X dollars before shrinking the following year.
In value terms, hoisting equipment production fell to an estimated $X at export prices in 2021. Gross output averaged +X% annual growth from 2012-2021; however, trend patterns suggest some notable fluctuations in some years. The fastest growth rate in 2016, an increase of X% year-on-year. Lifting equipment production peaked at $X in 2020 before contracting the following year.
The scale of Kazakhstan’s hoisting equipment exports
In 2021, after a three-year decline, overseas shipments of lifting equipment saw a significant increase, with sales increasing by X% to X units. However, exports continued to decline significantly during the period under review. Exports peaked at X units in 2012; however, from 2013 to 2021, exports failed to regain momentum.
Lifting equipment exports soar to $X in 2021 by value. But overall, exports have fallen sharply. During the period under review, exports hit an all-time high of $X in 2012; however, from 2013 to 2021, exports remain at lower levels.
Belgium (X units) is the main destination for Kazakhstan’s hoisting equipment exports, accounting for about X% of total exports.
From 2012 to 2021, the average annual growth rate of freight traffic to Belgium has been relatively modest.
Average annual value growth for Belgium from 2012 to 2021 is relatively modest.
Import scale of lifting equipment in Kazakhstan
In 2021, after three years of growth, the foreign supply of hoisting equipment fell significantly, with its quantity falling by -X% to X units. Overall, however, imports continued to grow significantly. 2020 appears to have seen the fastest growth, with an X% increase over the previous year. During the period under review, imports peaked at X units in 2013; however, from 2014 to 2021, imports have remained low.
In value terms, hoisting equipment imports fell significantly to $X in 2021. Imports contracted sharply during the review period. The growth rate was most pronounced in 2020, when imports increased by X% over the previous year. During the period under review, imports reached a record $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
China (X units), Australia (X units) and Russia (X units) are the main suppliers of hoisting equipment imports to Kazakhstan, together accounting for X% of total imports. From 2012 to 2021, Australia recorded the most significant sourcing growth rate (+X% CAGR) among major suppliers, while other leading suppliers experienced more modest import growth rates.
Australia ($X) is the largest lifting equipment supplier to Kazakhstan by value, representing X% of total imports. In second place is China ($X) with X% of total imports. It is followed by Poland with an X% share.
From 2012 to 2021, Australia has experienced an average annual growth rate of +X% in value. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and Poland (-X% per annum).
Statistics of various crane suppliers in Kazakhstan
Australia is Kazakhstan’s largest supplier of lifting equipment by value, accounting for 48% of total imports. In second place is China, which accounts for 23% of total imports. It is followed by Poland with a share of 7.6%.
In 2021, the average export price of lifting equipment will be US$523/unit, an increase of 3.5% over the previous year.
The average import price of hoisting equipment in 2021 will be US$1,351/unit, a year-on-year decrease of -32.2%.
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