Central Asia: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Central Asia

In 2022, the Central Asian special vehicle body market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed a buoyant expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Special Vehicle Body Production in Central Asia

In value terms, special vehicle body production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Special Vehicle Body Exports

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of bodies for special purpose motor vehicles, when their volume decreased by X% to X units. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then fell significantly in the following year.

In value terms, special vehicle body exports shrank sharply to $X in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Uzbekistan dominates exports structure, recording X units, which was approx. X% of total exports in 2022. Kyrgyzstan (X units) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the bodies for special purpose motor vehicles exports, with a CAGR of X% from 2012 to 2022. Kyrgyzstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2022, respectively.

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

In Uzbekistan, special vehicle body exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price, however, posted significant growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%).

Special Vehicle Body Imports

Imports in Central Asia

In 2022, imports of bodies for special purpose motor vehicles in Central Asia surged to X units, with an increase of X% on the previous year's figure. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, special vehicle body imports skyrocketed to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Kazakhstan represented the main importing country with an import of about X units, which recorded X% of total imports. Uzbekistan (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (X%).

From 2012 to 2022, average annual rates of growth with regard to special vehicle body imports into Kazakhstan stood at X%. At the same time, Mongolia (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) and Mongolia (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported bodies for special purpose motor vehicles in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood 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 ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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