Central Asia: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in Central Asia

In 2022, the Central Asian agricultural forestry machinery market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a prominent increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Agricultural Forestry Machinery Production in Central Asia

In value terms, agricultural forestry machinery production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Agricultural Forestry Machinery Exports

Exports in Central Asia

In 2022, the amount of agricultural forestry machinery (lawn or sportsground rollers) exported in Central Asia skyrocketed to X units, growing by X% against the previous year's figure. Over the period under review, exports, however, showed a precipitous descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, agricultural forestry machinery exports surged to $X in 2022. Overall, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Uzbekistan was the major exporting country with an export of around X units, which recorded X% of total exports. Tajikistan (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

From 2012 to 2022, average annual rates of growth with regard to agricultural forestry machinery exports from Uzbekistan stood at X%. Tajikistan experienced a relatively flat trend pattern. Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest agricultural forestry machinery supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total exports.

In Uzbekistan, agricultural forestry machinery exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Agricultural Forestry Machinery Imports

Imports in Central Asia

For the sixth year in a row, Central Asia recorded growth in overseas purchases of agricultural forestry machinery (lawn or sportsground rollers), which increased by X% to X units in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, agricultural forestry machinery imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

In 2022, Kazakhstan (X units) represented the key importer of agricultural forestry machinery (lawn or sportsground rollers), achieving X% of total imports. Uzbekistan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (X%). The following importers - Kyrgyzstan (X units) and Mongolia (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to agricultural forestry machinery imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Turkmenistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Turkmenistan, Kazakhstan and Kyrgyzstan increased by X, X, X and X percentage points, respectively.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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