Report Update Nov 1, 2024

Central Asia - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Central Asia: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Central Asia

In 2022, the Central Asian cylindrical roller bearing market decreased by -49.9% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption saw a slight curtailment. The level of consumption peaked at $X in 2021, and then dropped notably in the following year.

Cylindrical Roller Bearing Production in Central Asia

In value terms, cylindrical roller bearing production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cylindrical Roller Bearing Exports

Exports in Central Asia

In 2022, shipments abroad of cylindrical roller bearings was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a slight reduction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cylindrical roller bearing exports surged to $X in 2022. Overall, exports, however, showed a mild decline. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) was the key exporter of cylindrical roller bearings in Central Asia, mixing up 100% of total export.

Kazakhstan was also the fastest-growing in terms of the cylindrical roller bearings exports, with a CAGR of -1.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest cylindrical roller bearing supplier in Central Asia.

In Kazakhstan, cylindrical roller bearing exports shrank by an average annual rate of -1.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by 4.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 10%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -0.0% per year.

Cylindrical Roller Bearing Imports

Imports in Central Asia

In 2022, the amount of cylindrical roller bearings imported in Central Asia soared to X tons, rising by 45% on 2021 figures. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2017 with an increase of 108%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, cylindrical roller bearing imports surged to $X in 2022. Overall, imports posted notable growth. The pace of growth was the most pronounced in 2017 when imports increased by 124%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) represented the key importer of cylindrical roller bearings, generating 79% of total imports. Mongolia (X tons) took the second position in the ranking, followed by Uzbekistan (X tons). All these countries together took near 18% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cylindrical roller bearing imports into Kazakhstan stood at +9.1%. At the same time, Mongolia (+18.5%) and Uzbekistan (+9.3%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +18.5% from 2012-2022. Uzbekistan (+8 p.p.) and Mongolia (+5.3 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -7.3% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported cylindrical roller bearings in Central Asia, comprising 76% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +2.9%. In the other countries, the average annual rates were as follows: Mongolia (+13.7% per year) and Uzbekistan (+0.1% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, reducing by -15.2% against the previous year. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the import price increased by 28% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (-4.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cylindrical roller bearings in Central Asia?

The country with the largest volume of cylindrical roller bearing consumption was Kazakhstan, comprising approx. 85% of total volume. Moreover, cylindrical roller bearing consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Mongolia, more than tenfold. The third position in this ranking was occupied by Tajikistan, with a 3.1% share.

What are the largest producers of cylindrical roller bearings in Central Asia?

The country with the largest volume of cylindrical roller bearing production was Kazakhstan, accounting for 100% of total volume.

What are the leading importers of cylindrical roller bearings in Central Asia?

In value terms, Kazakhstan constitutes the largest market for imported cylindrical roller bearings in Central Asia, comprising 60% of total imports. The second position in the ranking was occupied by Mongolia, with an 18% share of total imports. It was followed by Uzbekistan, with an 8.7% share.

What is the average export price for cylindrical roller bearings in Central Asia?

In 2021, the cylindrical roller bearing export price in Central Asia amounted to $14,591 per ton, leveling off at the previous year.

What is the average import price for cylindrical roller bearings in Central Asia?

The cylindrical roller bearing import price in Central Asia stood at $9,438 per ton in 2021, waning by -22.3% against the previous year.

This report provides an in-depth analysis of the cylindrical roller bearing market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023