Central Asia: Machine-Tool For Drilling Market 2024

Machine-Tool For Drilling Market Size in Central Asia

The Central Asian machine-tool for drilling market dropped notably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, showed buoyant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then fell dramatically in the following year.

Machine-Tool For Drilling Production in Central Asia

In value terms, machine-tool for drilling production amounted to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Machine-Tool For Drilling Exports

Exports in Central Asia

In 2022, machine-tool for drilling exports in Central Asia rose rapidly to X units, surging by X% against the previous year. In general, exports posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, machine-tool for drilling exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. Tajikistan (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the machine-tools for drilling, boring or milling metal exports, with a CAGR of X% from 2012 to 2022. At the same time, Tajikistan (X%) displayed positive paces of growth. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest machine-tool for drilling supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan was relatively modest.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, faced a deep reduction. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 Tajikistan stood at $X per unit.

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

Machine-Tool For Drilling Imports

Imports in Central Asia

After five years of growth, overseas purchases of machine-tools for drilling, boring or milling metal decreased by X% to X units in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, machine-tool for drilling imports soared to $X in 2022. Overall, imports recorded a perceptible descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan was the major importer of machine-tools for drilling, boring or milling metal in Central Asia, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Uzbekistan (X units) took the second position in the ranking, distantly followed by Kyrgyzstan (X units). All these countries together held approx. X% share of total imports.

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

In value terms, Kazakhstan ($X) constitutes the largest market for imported machine-tools for drilling, boring or milling metal in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, recorded a deep setback. 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.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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