Central Asia: Cutting Blade Market 2024

Cutting Blade Market Size in Central Asia

The Central Asian cutting blade market expanded markedly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated buoyant growth 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. Based on 2022 figures, consumption increased by X% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Cutting Blade Production in Central Asia

In value terms, cutting blade production amounted to $X in 2022 estimated in export price. In general, production saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cutting Blade Exports

Exports in Central Asia

For the third consecutive year, Central Asia recorded growth in overseas shipments of knives and cutting blades (for machines or for mechanical appliances), which increased by X% to X tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cutting blade exports soared to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Kazakhstan (X tons) was the major exporter of knives and cutting blades (for machines or for mechanical appliances) in Central Asia, mixing up X% of total export.

Kazakhstan was also the fastest-growing in terms of the knives and cutting blades (for machines or for mechanical appliances) exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Kazakhstan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest cutting blade supplier in Central Asia.

In Kazakhstan, cutting blade exports increased 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 ton in 2022, picking up by X% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price 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. Based on 2022 figures, cutting blade export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Cutting Blade Imports

Imports in Central Asia

In 2022, imports of knives and cutting blades (for machines or for mechanical appliances) in Central Asia surged to X tons, increasing by X% on the year before. Total imports indicated mild growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cutting blade imports soared to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan was the main importer of knives and cutting blades (for machines or for mechanical appliances) in Central Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons) and Kyrgyzstan (X tons), together making up a X% share of total imports. The following importers - Mongolia (X tons) and Turkmenistan (X tons) - each reached a X% share of total imports.

Imports into Kazakhstan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Mongolia (X%), Uzbekistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.), Kyrgyzstan (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported knives and cutting blades (for machines or for mechanical appliances) in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price 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. Based on 2022 figures, cutting blade import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Turkmenistan ($X per ton), while Kyrgyzstan ($X per ton) 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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