New Automotive Market Report Kazakhstan: Opportunities in Kazakhstani Car Market and Aftermarket
Berlin, August 2008: The car parc in Kazakhstan has grown strongly to about 2,5 mio. cars in the last years. Reasons were increasing imports of used cars and sales of new cars in the recent years. As a result, attractive opportunities arise in the new car segment as well as in the aftermarket.Globis GmbH, a German consulting company, has analyzed the Kazakhstani automotive market in a comprehensive research report.
With 15,5 mio. inhabitants, Kazakhstan is the fourth largest country in CIS, after Russia, Ukraine and Uzbekistan. Kazakhstan’s real average income was growing with double-digits over the last years and is now at 424 USD per month.
In comparison to Western European countries, the car parc is relatively small and comprises mainly imported used cars. In the last years, the new car market increased heavily and shows annual growth rates up to 40%. In the future, these growth rates can not be maintained and will sink to 19% growth p.a. until 2010.
“Kazakhstan currently is not a market for small cars. Most cars sold are from lower and upper medium class or SUV-class. It is unclear, how consumers will react to a better offering of smaller, affordable cars. With energy prices up and inflation on the rise, smaller, less fuel consuming cars could be an opportunity in the market” argues Felix Kuesell, managing director of Globis and editor of the study.
The aftermarket is one of the most attractive sectors of the Kazakhstani automotive industry over the next years with an estimated growth of almost 10% p.a. until 2010. Market structures are just forming and there is great value to be generated for suppliers by entering early. However, distribution is a real challenge: until now there is only insufficient coverage of service stations and spare parts shops.
The Globis market report „Kazakhstani Automotive Market: Passenger Cars, Suppliers and Aftermarket, 2007/2008-2010” analyses in depth current developments of the Kazakhstani automotive market. It covers 67 pages and includes over 40 tables and figures. The report is available at 890 € and can be ordered directly at Globis (for more information, visit the Globis website www.globis-berlin.de).
For more information on the report, see
http://www.globis-berlin.de/de/Marktforschung/Studien_und_Reports/Automotive_Research_Reports/Kazakhstani_Automotive_Market/index_html
Globis GmbH, Berlin, is a research and consulting company with multi-lingual analysts and consultants and a broad base of interviewers. Market entry strategies are a speciality of Globis.
Globis GmbH
Eva Kraus
Linienstr. 214
10119 Berlin
Fon: +49 30 4005 49 0
Fax +49 30 4005 49 28
E-Mail: ekraus@globis-berlin.de
Web: www.globis-berlin.de
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release New Automotive Market Report Kazakhstan: Opportunities in Kazakhstani Car Market and Aftermarket here
News-ID: 54698 • Views: …
More Releases from Globis GmbH Berlin
Automotive Market Report: Opportunities in Polish Aftermarket
Berlin, July 2008: The Polish market for new cars has reversed the decline of previous years. New cars, together with a massive inflow of used cars, are expanding the Polish car fleet rapidly. This situation generates opportunities especially in the automotive aftermarket. Globis GmbH, a German consulting company, has analyzed the Polish automotive market in a comprehensive research report.
With almost 40 mio. inhabitants Poland is the largest market in CEE…
More Releases for Kazakhstan
Kazakhstan Agriculture Market, Kazakhstan Agriculture Industry, Kazakhstan Agric …
Kazakhstan is a largest grain producing country in the world, where agriculture sector is the foremost employer for the majority of the population. In country, a high proportion of the population (approx 43%) lives in rural areas. Additionally, incomes of approximately 30% of the economically active population are generated by the employment in agricultural sector.
In Kazakhstan, farms are categorized into three categories: private (or peasant) farms, agricultural enterprises, and subsidiary…
Payments Landscape in Kazakhstan: Opportunities and Risks to 2022
"Payments Landscape in Kazakhstan: Opportunities and Risks to 2022", report provides detailed analysis of market trends in Kazakhstan's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, direct debits, and cheques during the review-period (2014-18e).
The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in…
Agrochemicals Market in Kazakhstan
ReportsWorldwide has announced the addition of a new report title Kazakhstan: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports.
The report “Kazakhstan: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A…
Destination Kazakhstan for Windsor Brokers Ltd
Cyprus, March 28, 2012: Windsor Brokers Ltd, a European Investment firm has decided to participate at the Kazakhstan Forex Expo that will take place on the 30th and 31st of March 2012 at the Mega Alma-Ata, the biggest shopping mall in Almaty, Kazakhstan.
“It has always been of great interest for us to meet with investors, exchange experiences and personalize customer relations. Another reason why we are willing to travel…
MIR Corporation Announces 2011 Kazakhstan Tour Dates
Seattle, WA, February 15, 2011 - More than 2,000 years ago, the great trade routes that linked Europe and China opened Central Asia to foreign cultures, customs and religions. Join a modern-day caravan on an epic journey to five of these exotic countries - Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan. Today MIR Corporation announces departure dates for their '5 Stans' tour featuring Kazakhstan.
This Kazakhstan tour is part of MIR…
SGS Seminar on Advanced Ultrasonic Testing in Kazakhstan
The ability to accurately size and monitor defects and discontinuities in a material or structure is becoming more and more important in industrial plants. With the industry’s growing need for the application of more reliable, simpler, safer, accurate and cost effective techniques, Phased Array (PA) and Time of Flight Diffraction (ToFD) are widely recognized as the most effective testing methods for flaws detection in welds.
Therefore, SGS organizes a one-day seminar…