Central Asia: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Central Asia

The Central Asian construction equipment blade market contracted sharply to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Construction Equipment Blade Production in Central Asia

In value terms, construction equipment blade production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Construction Equipment Blade Exports

Exports in Central Asia

In 2022, overseas shipments of blades for construction equipment increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports saw a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, construction equipment blade exports soared to $X in 2022. In general, exports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Kyrgyzstan (X units) ranks second in terms of the total exports with a X% share, followed by Mongolia (X%).

Kazakhstan was also the fastest-growing in terms of the blades for construction equipment exports, with a CAGR of X% from 2012 to 2022. Mongolia (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. Mongolia (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) emerged as the largest construction equipment blade supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Mongolia ($X), with a X% share of total exports.

In Kazakhstan, construction equipment blade exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price enjoyed a tangible expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

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

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

Construction Equipment Blade Imports

Imports in Central Asia

In 2022, construction equipment blade imports in Central Asia contracted markedly to X units, reducing by X% compared with 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, construction equipment blade imports reduced dramatically to $X in 2022. Overall, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan was the key importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Mongolia (X units), generating a X% share of total imports. The following importers - Turkmenistan (X units) and Kyrgyzstan (X units) - each amounted to a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkmenistan (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported blades for construction equipment in Central Asia, comprising X% of total imports. The second position in the ranking was held by Mongolia ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, construction equipment blade imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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