Central Asia: Crawler Dozer Market 2024

Crawler Dozer Market Size in Central Asia

In 2022, the Central Asian crawler dozer market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Crawler Dozer Production in Central Asia

In value terms, crawler dozer production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 58%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Crawler Dozer Exports

Exports in Central Asia

In 2022, approx. X units of crawler dozers were exported in Central Asia; declining by -11.1% compared with 2021 figures. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 175%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, crawler dozer exports skyrocketed to $X in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 368% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Tajikistan (X units), distantly followed by Kazakhstan (X units), Turkmenistan (X units) and Uzbekistan (X units) represented the largest exporters of crawler dozers, together generating 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of -4.0%), while the other leaders experienced a decline in the exports figures.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X) were the countries with the highest levels of exports in 2022, together comprising 91% of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of +7.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, with an increase of 44% against the previous year. In general, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 70%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 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 Uzbekistan (+13.5%), while the other leaders experienced mixed trends in the export price figures.

Crawler Dozer Imports

Imports in Central Asia

In 2022, approx. X units of crawler dozers were imported in Central Asia; remaining constant against the previous year's figure. In general, imports showed a deep reduction. The growth pace was the most rapid in 2017 with an increase of 104% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, crawler dozer imports soared to $X in 2022. Overall, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 89%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan represented the largest importing country with an import of around X units, which accounted for 66% of total imports. Uzbekistan (X units) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (11%). The following importers - Kyrgyzstan (X units), Turkmenistan (X units) and Tajikistan (X units) - together made up 7.3% of total imports.

Kazakhstan was also the fastest-growing in terms of the crawler dozers imports, with a CAGR of -2.7% from 2012 to 2022. Uzbekistan (-2.8%), Kyrgyzstan (-4.3%), Mongolia (-8.2%), Tajikistan (-12.9%) and Turkmenistan (-25.1%) illustrated a downward trend over the same period. While the share of Kazakhstan (+16 p.p.) and Uzbekistan (+15 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tajikistan (-2.7 p.p.), Mongolia (-4.1 p.p.) and Turkmenistan (-24.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported crawler dozers in Central Asia, comprising 63% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 25% share of total imports. It was followed by Mongolia, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled -2.2%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+11.5% per year) and Mongolia (-9.0% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, with an increase of 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained 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 ($X per unit), while Turkmenistan ($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 (+14.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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