Central Asia: Concrete Mixer Market 2024

Concrete Mixer Market Size in Central Asia

The Central Asian concrete mixer market soared to $X in 2021, with an increase of 38% against the previous year. In general, consumption saw a strong expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Concrete Mixer Production in Central Asia

In value terms, concrete mixer production shrank notably to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when the production volume increased by 99% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Concrete Mixer Exports

Exports in Central Asia

In 2021, overseas shipments of concrete or mortar mixers increased by 13% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 460% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concrete mixer exports skyrocketed to $X in 2021. Over the period under review, exports saw prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by 234% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Uzbekistan (X units) and Kazakhstan (X units) represented roughly 89% of total exports in 2021. It was distantly followed by Kyrgyzstan (X units), constituting a 10% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +282.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Uzbekistan ($X) remains the largest concrete mixer supplier in Central Asia, comprising 85% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan stood at +555.2%. In the other countries, the average annual rates were as follows: Kazakhstan (-13.7% per year) and Kyrgyzstan (-7.3% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, with an increase of 72% against the previous year. In general, the export price, however, saw a noticeable downturn. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+63.4%), while the other leaders experienced a decline in the export price figures.

Concrete Mixer Imports

Imports in Central Asia

In 2021, supplies from abroad of concrete or mortar mixers increased by 84% to X units, rising for the fourth year in a row after three years of decline. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete mixer imports soared to $X in 2021. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 149% against the previous year. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

Kazakhstan dominates imports structure, recording X units, which was near 82% of total imports in 2021. Uzbekistan (X units) took a 5.6% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (4.7%). Kyrgyzstan (X units) and Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to concrete mixer imports into Kazakhstan stood at +12.2%. At the same time, Uzbekistan (+62.1%), Kyrgyzstan (+28.8%) and Tajikistan (+15.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +62.1% from 2012-2021. By contrast, Mongolia (-6.5%) illustrated a downward trend over the same period. While the share of Kazakhstan (+25 p.p.), Uzbekistan (+5.6 p.p.), Kyrgyzstan (+3.1 p.p.) and Tajikistan (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mongolia (-11.9 p.p.) displayed negative dynamics.

In value terms, the largest concrete mixer importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), with a combined 93% share of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of +12.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, dropping by -26.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 151% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (-6.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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