Central Asia: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2025

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in Central Asia

The Central Asian market for bearing housings incorporating ball or roller bearings fell slightly to $X in 2022, with a decrease of -2.1% against the previous year. Overall, consumption recorded a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in Central Asia

In value terms, bearing housing with ball bearing production contracted slightly to $X in 2022 estimated in export price. In general, production, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 44%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports in Central Asia

In 2022, exports of bearing housings incorporating ball or roller bearings in Central Asia skyrocketed to X tons, with an increase of 2,103% on 2021 figures. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing with ball bearing exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, accounting for X tons, which was near 95% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), comprising a 5.1% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +63.9% from 2012 to 2022. At the same time, Uzbekistan (+622.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +622.0% from 2012-2022. While the share of Kazakhstan (+78 p.p.) and Uzbekistan (+5.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest bearing housing with ball bearing supplier in Central Asia, comprising 92% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to +45.5%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, with a decrease of -28.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 57%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.9%).

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports in Central Asia

In 2022, overseas purchases of bearing housings incorporating ball or roller bearings increased by 23% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 389%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, bearing housing with ball bearing imports soared to $X in 2022. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 118% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan represented the major importer of bearing housings incorporating ball or roller bearings in Central Asia, with the volume of imports resulting at X tons, which was near 75% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), mixing up a 21% share of total imports. The following importers - Turkmenistan (X tons) and Tajikistan (X tons) - each resulted at a 3.7% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +27.6% from 2012 to 2022. At the same time, Tajikistan (+30.9%) and Uzbekistan (+23.7%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +30.9% from 2012-2022. By contrast, Turkmenistan (-8.3%) illustrated a downward trend over the same period. Uzbekistan (+21 p.p.) and Kazakhstan (+21 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -38.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported bearing housings incorporating ball or roller bearings in Central Asia, comprising 74% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 21% share of total imports. It was followed by Turkmenistan, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at +14.9%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+26.3% per year) and Turkmenistan (-5.7% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, surging by 3.7% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 43%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+2.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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