Updated Jan 10, 2023 10:55

Market for Residential, Commercial and Industrial Lighting Fixture in Kazakhstan

Market Overview
The Kazakh market for residential, commercial and industrial lighting fixture dropped to $ in , waning by -% 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). Overall, consumption, however, enjoyed a prominent increase. Consumption of peaked at $ in , and then dropped in the following year.

In value terms, production of residential, commercial and industrial lighting fixture stood at $ in estimated in export price. In general, production saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of %. Production of peaked at $ in ; however, from to , production failed to regain momentum.


Consumption
Consumption of residential, commercial and industrial lighting fixture in Kazakhstan declined to units in , waning by -% against figures. Overall, the total consumption indicated moderate growth from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Consumption of peaked at units in , and then dropped in the following year.

The size of the market for residential, commercial and industrial lighting fixture in Kazakhstan fell to $ in , with a decrease of -% 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). Over the period under review, consumption, however, showed a prominent expansion. Over the period under review, the market reached the peak level at $ in , and then reduced in the following year.


Consumption by Type
Chandeliers ( units) constituted the product with the largest volume of consumption, comprising approx. % of total volume. Moreover, chandeliers exceeded the figures recorded for the second-largest type, electric table, desk, bedside or floor standing lamp ( units), more than tenfold.

From 2007 to , the average annual growth rate of the volume of chandeliers consumptions stood at +%.

In value terms, chandeliers ($) led the market, alone. The second position in the ranking was held by electric table, desk, bedside or floor standing lamp ($).

From 2007 to , the average annual rate of growth in terms of the value of chandeliers markets totaled +%.


Market Forecast
Driven by increasing demand for residential, commercial and industrial lighting fixture in Kazakhstan, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Residential, commercial and industrial lighting fixture market in Kazakhstan consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Kazakhstan remains a net importer of residential, commercial and industrial lighting fixture; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.