Central Asia: Market for Industrial Sewing Machines (Non-Automatic) 2024

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in Central Asia

In 2022, exports of industrial sewing machines (non-automatic) in Central Asia surged to X units, with an increase of X% on 2021 figures. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, industrial sewing machines (non-automatic) exports soared to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Kyrgyzstan (X units) was the main exporter of industrial sewing machines (non-automatic), making up X% of total exports. It was distantly followed by Kazakhstan (X units) and Uzbekistan (X units), together making up a X% share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the industrial sewing machines (non-automatic) exports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. Kyrgyzstan (X p.p.) and Uzbekistan (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, the largest industrial sewing machines (non-automatic) supplying countries in Central Asia were Uzbekistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X).

In terms of the main exporting countries, Kyrgyzstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports in Central Asia

Industrial sewing machines (non-automatic) imports surged to X units in 2022, picking up by X% against the year before. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, industrial sewing machines (non-automatic) imports totaled $X in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Uzbekistan represented the major importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Kyrgyzstan (X units), mixing up a X% share of total imports. Kazakhstan (X units) and Turkmenistan (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to industrial sewing machines (non-automatic) imports into Uzbekistan stood at X%. At the same time, Turkmenistan (X%), Kyrgyzstan (X%) and Kazakhstan (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. While the share of Uzbekistan (X p.p.) and Turkmenistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kyrgyzstan (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported industrial sewing machines (non-automatic) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with an X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Uzbekistan, industrial sewing machines (non-automatic) imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

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 Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform

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