The Kazakh market for pulley tackle and hoists powered by an electric motor expanded significantly to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
In 2021, about X sets of pulley blocks and cranes driven by electric motors were exported from Kazakhstan; an increase of X% over the previous year. Overall, however, there was a sudden drop in exports. In 2012, exports peaked at X units; however, from 2013 to 2021, exports failed to regain momentum. In terms of value, 2021 exports of electric pulley blocks and cranes soared to X dollars. Exports showed a relatively flat trend during the review period. 2017 saw the fastest growth, with exports up X% over the previous year. As a result, exports peaked at $X. From 2018 to 2021, China's export growth rate will remain at a low level.
China (X units) is the main export destination of Kazakhstan's motor-driven pulley blocks and cranes, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to China was more than three times that sent to the second largest destination, Afghanistan (unit X). In third place is the United Arab Emirates (X units) with a share of X%.
From 2012 to 2021, the average annual growth rate in China is -X%. The average annual growth rate of exports to other major destinations is as follows: Afghanistan (+X% per annum) and the United Arab Emirates (-X% per annum).
In terms of value, China (USD X) remains the main foreign market for Kazakhstan's exports of electric motor driven pulley blocks and cranes, accounting for X% of total exports. In second place is Afghanistan ($X), which accounts for X% of total exports. This is followed by the United Arab Emirates with a share of X%.
From 2012 to 2021, the average annual growth rate of China's value totals +X%. The average annual growth rate of exports to other major destinations is as follows: Afghanistan (+X% per annum) and the United Arab Emirates (+X% per annum).
In 2021, foreign supply of motor-driven pulley blocks and cranes finally rose, reaching X units for the first time since 2018, thus ending a two-year decline. Overall, imports continued to show a relatively flat trend. The most significant growth rate was in 2016, with an increase of X%. Imports hit a record high in 2021 during the reporting period and are expected to continue growing in the coming years. In terms of value, imports of pulley blocks and cranes driven by electric motors drop to X dollars in 2021. Overall, however, imports were significantly lower. The rate of growth appears to be fastest in 2016, with imports up X% over the previous year. As a result, imports peaked at $X. From 2017 to 2021, import growth remains at a slightly lower level.
In 2021, China (X units) is the largest pulley block and crane powered by Kazakh motor suppliers, accounting for X% of total imports. In addition, the number of pulley blocks and electric hoists imported from China was more than four times that of the second largest supplier Russia (X Taiwan).
From 2012 to 2021, China's average annual growth rate reaches +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Russia (-X% per annum) and Bulgaria (+X% per annum).
By value, Russia ($X), China ($X) and Bulgaria ($X, total $X) appear to be the largest pulley blocks and cranes powered by motor suppliers in Kazakhstan, together accounting for X% of total imports. In terms of key suppliers, China recorded the highest growth rate of import value at a CAGR of +X% during the reporting period, while sourcing from other leading countries showed a mixed trend.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Kazakhstan were Russia, China and Bulgaria, together comprising 86% of total imports.
In value terms, China remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Kazakhstan, comprising 61% of total exports. The second position in the ranking was taken by Afghanistan, with a 16% share of total exports. It was followed by the United Arab Emirates, with an 11% share.
The average export price for pulley tackle and hoists powered by an electric motor stood at $4,206 per unit in 2021, reducing by -17.7% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $1,177 per unit, declining by -38.9% against the previous year.
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