Central Asia: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Central Asia

After two years of decline, the Central Asian wood milling machine market increased by X% to $X in 2022. In general, consumption enjoyed a moderate increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Wood Milling Machine Production in Central Asia

In value terms, wood milling machine production reduced modestly to $X in 2022 estimated in export price. Overall, production recorded a mild descent. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Wood Milling Machine Exports

Exports in Central Asia

In 2022, shipments abroad of planing, milling or moulding machines increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports showed a buoyant expansion. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wood milling machine exports soared to $X in 2022. Overall, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Uzbekistan (X units), committing an X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. 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, Kazakhstan ($X) remains the largest wood milling machine supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, wood milling machine exports expanded 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 unit in 2022, picking up by X% against the previous year. Overall, the export price saw a modest increase. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan totaled $X per unit.

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

Wood Milling Machine Imports

Imports in Central Asia

After two years of decline, supplies from abroad of planing, milling or moulding machines increased by X% to X units in 2022. Overall, imports saw a moderate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wood milling machine imports surged to $X in 2022. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kazakhstan (X units) represented the largest importer of planing, milling or moulding machines, generating X% of total imports. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%). The following importers - Tajikistan (X units), Mongolia (X units) and Turkmenistan (X units) - each reached an X% share of total imports.

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

In value terms, the largest wood milling machine importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X), together comprising X% of total imports. Kyrgyzstan, Tajikistan and Mongolia lagged somewhat behind, together comprising a further X%.

Tajikistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, growing by X% against the previous year. Import price indicated a tangible expansion 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, wood milling machine import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

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 ($X per unit), while Mongolia ($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 more modest paces of growth.

Source: IndexBox Platform

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