In the first three quarters of 2021, the trade volume between Kazakhstan and China reached $13.5 billion, a year-on-year increase of 12.5%. Among them, Kazakhstan's exports to China were US$7.3 billion, down 1.3%; its imports from China were US$6.2 billion, up 34.7%. China's share in Kazakhstan's foreign trade volume reached 18.5%, with exports accounting for 16.8% and imports accounting for 21%.
Since the beginning of 2021, Kazakhstan has exported to China 163,200 tons of wheat, 90,400 tons of barley, 4 million tons of iron ore, 44,300 tons of manganese ore, 37.1 million tons of zinc ore, 85,100 tons of coal, 2.5 million tons of crude oil, 5.3 billion cubic meters of natural gas, 3,700 tons of wool, 529,800 tons of ferroalloys, 28,100 tons of animal and vegetable oils and fats, and 8,700 tons of textiles. Kazakhstan imported 531 tons of confectionery products, 1,300 tons of medicines, 9,500 tons of hygiene and cosmetic products, 1.7 million tires, 10,600 tons of paper, cardboard and pulp, 77,500 square meters of oilcloth, 46,500 tons of knitted garments, and 2,500 tons of radiators from China. , 1,900 tons of internal combustion engines, 9,700 tons of air pumps and vacuum pumps, 9,600 tons of refrigerators and freezers, 1,700 tons of telephones, and 303,600 monitors and projectors.
As one of the five countries in Central Asia, Kazakhstan and China are traditionally friendly countries. The two countries have frequent trade exchanges, making important contributions to the prosperity and development of the regional economy. From the data point of view, the current export products of Kazakhstan are mainly agricultural products and ore raw materials. In fact, Kazakhstan's industrial development is not slow, and the industrial output value in January-February 2022 increased by 4.7% year-on-year. As a Chinese crane supplier, Dongqi Crane has shown enough interest in the industrial development of Kazakhstan, which is benefited from the wide application of hoisting machinery in the industrial and mining industry. According to data, for crane suppliers in Kazakhstan, Rusia ranks first and China ranks second. Dongqi Crane currently has a very small share in Kazakhstan. In the past 2021, only one crane cooperation project has been reached. In order to open up the crane market in Kazakhstan, this article will start from the market scale data of overhead cranes in Kazakhstan, and judge the future trend of the crane market in Kazakhstan in 2022.
Before we start discussing the aerial crane market in Kazakhstan, we have a few small questions that need to be answered first. Let’s take a look
In 2020, after two years of growth, the Kazakhstan Overhead Crane Market experienced a significant decline, with its value falling by -X% to X USD. Overall, however, consumption declined slightly. The most significant growth rate was recorded in 2018, with a year-on-year increase of X%. Consumption of overhead cranes peaked at $X in 2011; however, from 2012 to 2020, consumption has remained low.
In value terms, the production of overhead cranes in 2020 contracted slightly to $X at export prices. During the period under review, production showed a relatively stable trend pattern. The fastest growth in 2018, with an X% year-on-year increase in production. Overhead crane production peaked at $X in 2011; however, from 2012 to 2020, production remained low.
In 2020, the export volume of fixed-support overhead cranes from Kazakhstan dropped significantly to X units, a decrease of -X% compared to the previous year. Overall, exports continued to contract significantly. The most significant growth rate occurred in 2013, when exports increased by X% year-on-year. As a result, exports peaked at X units. From 2014 to 2020, the growth rate of exports remained at a low level.
Overhead crane exports surged to $X in 2020 by value. Overall, exports faced a sharp decline. 2011 saw the fastest growth, with an X% increase over the previous year. As a result, exports peaked at X dollars. Export growth failed to regain momentum between 2012 and 2020.
Turkey (X units) and Russia (X units) are the main destinations for Kazakhstan's overhead crane exports. Among the major destination countries from 2007 to 2020, the most significant growth rate in shipments was in Russia.
Kazakhstan's largest export markets for overhead cranes by value are Turkey ($X) and Russia ($X) with the highest export value growth among the top destination countries during the review period.
In 2020, Kazakhstan's imports of overhead cranes dropped significantly to X units, down -X% from the previous year. Overall, imports continue to show a sudden decrease. 2012 saw the fastest growth, with an X% increase over the previous year. During the period under review, imports peaked at X units in 2008; however, from 2009 to 2020, imports failed to regain momentum.
In value terms, 2020 overhead crane imports fell significantly to $X. Overall, imports fell sharply. The most significant growth rate occurred in 2008, which was an X% increase compared to the previous year. As a result, imports peaked at X dollars. Import growth failed to regain momentum between 2009 and 2020.
In 2020, Russia (X units) was the largest supplier of overhead cranes in Kazakhstan, accounting for X% of total imports. In addition, the number of overhead cranes imported from Russia was three times higher than the number recorded by the second largest supplier, China (X units). Third in this ranking is Spain (X units) with an X% share.
From 2007 to 2020, the average annual growth rate of sales from Russia totaled -X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and Spain (X% per annum).
Russia ($X) is the largest supplier of overhead cranes to Kazakhstan by value, accounting for X% of total imports. In second place is China ($X) with X% of total imports. It is followed by Turkey with an X% share.
From 2007 to 2020, the average annual growth in value from Russia totaled -X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and Turkey (-X% per annum).
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