Dynamically growing market of agricultural equipment
in the Republic of Kazakhstan, million USD
Average annual rate of growth:
Fact: -1,2%
Forecast
Average annual import share: 76%
The need for agricultural machinery in the Republic of Kazakhstan (2017-2019), units
Tractors
Harvester
Regulatory: -1,2%
Actual: -1,2%
Local production: -1,2%
State support for agriculture:
Subsiding of interest rates on agricultural equipment leasing and credit
provision for agriculture;
Providing access for the agricultural producers to the finance, technology
and technological equipment on a leasing basis;
Providing comprehensive support to export-oriented enterprises of
non-resource-based sector of the economy;
Reimbursement of costs associated with the promotion of products
for export, trade finance and insurance (up to 50%).
Tractors
Production of tractors, oriented on import substitution in the domestic market
of Kazakhstan, and export to the Russian Federation
Key drivers
The planned increase in agricultural land in Kazakhstan and the consolidation of agricultural producers;
High need of updating the agricultural machinery fleet (wear of more than 80%);
State support for agricultural producers when buying new equipment;
Duty-free access to the large market of the Russian Federation.
Cables
Production of a wide range of electrical cables, oriented on import substitution in
the domestic market of Kazakhstan
Key drivers
High need of upgrading worn equipment for power transmission;
Planned investments in the modernization of the electricity industry;
The lack of production facilities of international players in the market of Kazakhstan,
Expected investment
current market
The volume of
the market
Percentage
Import
Local production
Main importing
countries areRussia, China
$450
million
The volume of the market
of cabling and wiring
products is
Market potential by 2020 Due to the consideration of the need of upgrading power transmission lines, by 2020 the expected
volume of the market of cabling and wiring products will amount about $ 500 million
Expected investment
Investments in the renewal, modernization and construction of electrical grids from 2016 to 2030 are estimated at $ 11 billion, including: main grids - $ 3.5 billion, transmission grids - $ 7.5 billion. The total length of overhead power transmission line is about 25 thousand kilometers
Planned decrease of wearing of equipment for transmission
and distribution of electricity
requires replacement
does not require replacement
Prospects for the development of mining
and oil production equipment:
Availability of large metals resource base, which contributes to the cheaper production of
basic components of oil production equipment - spare parts and complete units.
An important factor is the relatively cheap cost of electricity.
Projects on expanding current oil fields will increase the need for oil production equipment:
Expansion of Tengiz field during the period of 2017-2021, about $ 37-40 billion investment;
Expansion of Karachakanakskoye field, about 4.5 billion USD of investment.
In the unfavorable market conditions of the oil and mining industries, companies reduce the
cost of purchasing new equipment and concentrates on increasing the efficiency and repair
of working equipment, which is a favorable factor for the development of engineering
maintenance service.
Dynamics of growing mining and oil production equipment
market in the Republic of Kazakhstan, million USD
Average annual rate of growth:
Fact: -3,7%
Forecast: 7,7%
Average annual import share: 65%
Power equipment
Dynamically growing market of power-generating
equipment in Kazakhstan, $ million
Average annual rate of growth:
Fact: -4,6%
Forecast: 7,7%
Average annual import share: 51%
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