Central Asia: Market for Drive-Axles with Differential and Non-Driving Axles 2025

Market Size for Drive-Axles with Differential and Non-Driving Axles in Central Asia

The Central Asian driving and non-driving axle market reached $X in 2021, increasing by 12% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Drive-Axles with Differential and Non-Driving Axles in Central Asia

In value terms, driving and non-driving axle production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 2,506%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Drive-Axles with Differential and Non-Driving Axles

Exports in Central Asia

In 2021, approx. X tons of drive-axles with differential and non-driving axles were exported in Central Asia; surging by 297% against 2020. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 650%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, driving and non-driving axle exports surged to $X in 2021. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 444%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

Uzbekistan (X tons) and Kyrgyzstan (X tons) represented roughly 79% of total exports in 2021. It was distantly followed by Kazakhstan (X tons), mixing up a 19% share of total exports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +52.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Uzbekistan ($X) emerged as the largest driving and non-driving axle supplier in Central Asia, comprising 70% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan amounted to +216.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+17.1% per year) and Kyrgyzstan (-24.0% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, picking up by 36% against the previous year. In general, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 382% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+107.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Drive-Axles with Differential and Non-Driving Axles

Imports in Central Asia

In 2021, supplies from abroad of drive-axles with differential and non-driving axles decreased by -6.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 136% against the previous year. The volume of import peaked at X tons in 2020, and then fell in the following year.

In value terms, driving and non-driving axle imports fell slightly to $X in 2021. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 127%. The level of import peaked at $X in 2020, and then dropped modestly in the following year.

Imports by Country

Kazakhstan represented the main importer of drive-axles with differential and non-driving axles in Central Asia, with the volume of imports reaching X tons, which was near 59% of total imports in 2021. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Kyrgyzstan (X tons). All these countries together took near 38% share of total imports. Mongolia (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to driving and non-driving axle imports into Kazakhstan stood at +5.7%. At the same time, Uzbekistan (+37.0%), Kyrgyzstan (+11.1%) and Mongolia (+3.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +37.0% from 2012-2021. From 2012 to 2021, the share of Uzbekistan increased by +29 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

Uzbekistan, with a CAGR of +51.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with an increase of 1.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2019 when the import price increased by 25% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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