Central Asia: Dairy Machinery Market 2024

Dairy Machinery Market Size in Central Asia

In 2022, the Central Asian dairy machinery market decreased by -30.1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a mild curtailment. The level of consumption peaked at $X in 2021, and then reduced dramatically in the following year.

Dairy Machinery Production in Central Asia

In value terms, dairy machinery production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1,262%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Dairy Machinery Exports

Exports in Central Asia

After three years of growth, overseas shipments of dairy machinery decreased by -79.1% to X units in 2022. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 118% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then reduced notably in the following year.

In value terms, dairy machinery exports declined dramatically to $X in 2022. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 232% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Kazakhstan (X units) and Kyrgyzstan (X units) represented roughly 89% of total exports in 2022. It was distantly followed by Uzbekistan (X units), creating an 11% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of -7.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Kazakhstan ($X) emerged as the largest dairy machinery supplier in Central Asia, comprising 73% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +8.2%. In the other countries, the average annual rates were as follows: Kyrgyzstan (-12.5% per year) and Uzbekistan (-39.8% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, picking up by 32% against the previous year. In general, the export price saw buoyant growth. The growth pace was the most rapid in 2021 an increase of 103%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+17.3%), while the other leaders experienced mixed trends in the export price figures.

Dairy Machinery Imports

Imports in Central Asia

In 2022, imports of dairy machinery in Central Asia dropped sharply to X units, declining by -47.1% compared with 2021. In general, imports, however, posted a modest expansion. The growth pace was the most rapid in 2017 when imports increased by 271%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dairy machinery imports shrank notably to $X in 2022. Overall, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 when imports increased by 444% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) and Uzbekistan (X units) were the largest importers of dairy machinery in Central Asia, together reaching near 83% of total imports. It was distantly followed by Kyrgyzstan (X units), creating an 11% share of total imports. Turkmenistan (X units) and Mongolia (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Uzbekistan ($X) constitutes the largest market for imported dairy machinery in Central Asia, comprising 58% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 27% share of total imports. It was followed by Kyrgyzstan, with an 8% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled -19.3%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-13.6% per year) and Kyrgyzstan (+2.5% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, growing by 7.6% against the previous year. Overall, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2017 when the import price increased by 47%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood 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 ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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