Central Asia: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Central Asia

The Central Asian lathe for removing metal market fell to $X in 2022, declining by X% against the previous year. The total consumption indicated a mild 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. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Lathes For Removing Metal in Central Asia

In value terms, lathe for removing metal production shrank to $X in 2022 estimated in export price. In general, production showed a noticeable slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, lafor removing metal production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Lathes For Removing Metal

Exports in Central Asia

In 2022, approx. X units of lathes for removing metal were exported in Central Asia; rising by X% on the year before. Overall, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lathe for removing metal exports shrank notably 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. The level of export peaked at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

The shipments of the three major exporters of lathes for removing metal, namely Kyrgyzstan, Uzbekistan and Tajikistan, represented more than two-thirds of total export. It was distantly followed by Kazakhstan (X units), creating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the largest lathe for removing metal supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

In Kazakhstan, lathe for removing metal 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: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood 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 Kazakhstan ($X per unit), while Uzbekistan ($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 a decline in the export price figures.

Imports of Lathes For Removing Metal

Imports in Central Asia

In 2022, approx. X units of lathes for removing metal were imported in Central Asia; rising by X% against the year before. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, lathe for removing metal imports fell to $X in 2022. Total imports indicated modest 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Uzbekistan (X units) was the major importer of lathes for removing metal, comprising X% of total imports. Kazakhstan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (X%) and Mongolia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Turkmenistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price saw a deep downturn. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Kazakhstan ($X per unit), while Turkmenistan ($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 a decline in the import price figures.

Source: IndexBox Platform

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