Market for Lighting Set For Christmas Trees in Kazakhstan
Market Overview
After three years of growth, the Kazakh market for lighting sets for christmas trees decreased by -
% to $ in . In general, consumption, however, recorded significant growth. Lighting set for christmas trees consumption peaked at $ in , and then fell notably in the following year.
% to $ in . In general, consumption, however, recorded significant growth. Lighting set for christmas trees consumption peaked at $ in , and then fell notably in the following year.Consumption
In , after three years of growth, there was decline in consumption of lighting sets for christmas trees, when its volume decreased by -% to units. In general, consumption, however, posted a significant increase. Lighting set for christmas trees consumption peaked at units in , and then fell in the following year.
The value of the market for lighting sets for christmas trees in Kazakhstan dropped sharply to $ in , which is down 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). Over the period under review, consumption, however, enjoyed a significant increase. Over the period under review, the market reached the peak level at $ in , and then dropped remarkably in the following year.
, after three years of growth, there was decline in consumption of lighting sets for christmas trees, when its volume decreased by -% to units. In general, consumption, however, posted a significant increase. Lighting set for christmas trees consumption peaked at units in , and then fell in the following year.The value of the market for lighting sets for christmas trees in Kazakhstan dropped sharply to $
in , which is down 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). Over the period under review, consumption, however, enjoyed a significant increase. Over the period under review, the market reached the peak level at $ in , and then dropped remarkably in the following year.Market Forecast
The market for lighting set for christmas trees is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract 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 .
% for the eight-year period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract 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
Lighting set for christmas trees market in Kazakhstan consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Kazakhstan relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand. 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.
, 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 lighting set for christmas trees; 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.
. 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.
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