Central Asia: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in Central Asia

The Central Asian machine tool for metal market contracted slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a prominent increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Machine Tools For Working Metal Without Removing Metal in Central Asia

In value terms, machine tool for metal production stood at $X in 2022 estimated in export price. In general, production showed a strong increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Machine Tools For Working Metal Without Removing Metal

Exports in Central Asia

In 2022, shipments abroad of machine tools for working metal without removing metal increased by X% to X units, rising for the second year in a row after four years of decline. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, machine tool for metal exports expanded notably to $X in 2022. Overall, exports, however, showed a mild setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Kyrgyzstan (X units) held the second position in the ranking, followed by Tajikistan (X units). All these countries together took near X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the machine tools for working metal without removing metal exports, with a CAGR of X% from 2012 to 2022. Kyrgyzstan (X%) and Tajikistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Tajikistan increased by X and X percentage points, respectively.

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

In Kazakhstan, machine tool for metal exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while Tajikistan ($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 Machine Tools For Working Metal Without Removing Metal

Imports in Central Asia

In 2022, approx. X units of machine tools for working metal without removing metal were imported in Central Asia; falling by X% compared with the previous year's figure. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, machine tool for metal imports reduced sharply to $X in 2022. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, Kazakhstan (X units) and Uzbekistan (X units) represented the main importers of machine tools for working metal without removing metal in Central Asia, together reaching approx. X% of total imports. Kyrgyzstan (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%). Turkmenistan (X units) followed a long way behind the leaders.

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, Uzbekistan ($X) constitutes the largest market for imported machine tools for working metal without removing metal in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (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, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Uzbekistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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