Central Asia: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Central Asia

The Central Asian market for diesel engines (other than for motor vehicles and aircraft) was estimated at $X in 2022, rising by X% against the previous year. The total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Central Asia

In value terms, production of diesel engines (other than for motor vehicles and aircraft) reduced to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of diesel engines (other than for motor vehicles and aircraft), when their volume decreased by X% to X units. Overall, exports, however, continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) reduced rapidly to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Kazakhstan was the largest exporter of diesel engines (other than for motor vehicles and aircraft) in Central Asia, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Uzbekistan (X units) and Mongolia (X units), together achieving a X% share of total exports. Kyrgyzstan (X units) followed a long way behind the leaders.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Uzbekistan and Mongolia increased by X, X and X percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest diesel engines (other than for motor vehicles and aircraft) supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Mongolia, with an X% share.

In Kazakhstan, exports of diesel engines (other than for motor vehicles and aircraft) expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Mongolia (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat 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 Kyrgyzstan ($X per unit), while Uzbekistan ($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 more modest paces of growth.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports in Central Asia

In 2022, overseas purchases of diesel engines (other than for motor vehicles and aircraft) decreased by X% to X units, falling for the second consecutive year after five years of growth. In general, imports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. Overall, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the major importer of diesel engines (other than for motor vehicles and aircraft) in Central Asia, with the volume of imports reaching X units, which was near X% of total imports in 2022. Uzbekistan (X units) took the second position in the ranking, followed by Kyrgyzstan (X units), Mongolia (X units) and Tajikistan (X units). All these countries together took approx. X% share of total imports. Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to diesel engines (other than for motor vehicles and aircraft) imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%) and Mongolia (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, Kyrgyzstan (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Tajikistan (X p.p.) and Mongolia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkmenistan (X p.p.), Kyrgyzstan (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported diesel engines (other than for motor vehicles and aircraft) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with an X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: 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, picking up by X% against the previous year. In general, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Tajikistan ($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 more modest paces of growth.

Source: IndexBox Platform

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