Central Asia: Motor Vehicle Radiator Market 2024

Motor Vehicle Radiator Market Size in Central Asia

The Central Asian motor vehicle radiator market rose notably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted a measured expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Motor Vehicle Radiator Production in Central Asia

In value terms, motor vehicle radiator production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Motor Vehicle Radiator Exports

Exports in Central Asia

In 2022, shipments abroad of radiators for motor vehicles increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, motor vehicle radiator exports shrank modestly to $X in 2022. In general, exports saw strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Kyrgyzstan prevails in exports structure, reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X units), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle radiator exports from Kyrgyzstan stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kazakhstan increased by X percentage points.

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

In Kyrgyzstan, motor vehicle radiator 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 unit in 2022, falling by X% against the previous year. Over the period under review, the export price saw a mild reduction. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($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 Kyrgyzstan (X%).

Motor Vehicle Radiator Imports

Imports in Central Asia

In 2022, the amount of radiators for motor vehicles imported in Central Asia surged to X units, jumping by X% against the year before. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, motor vehicle radiator imports surged to $X in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the main importer of radiators for motor vehicles in Central Asia, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X units), Kyrgyzstan (X units) and Mongolia (X units), together committing a X% share of total imports. The following importers - Turkmenistan (X units) and Tajikistan (X units) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle radiator imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Mongolia (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Mongolia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported radiators for motor vehicles in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, motor vehicle radiator imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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