Central Asia: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Central Asia

In 2021, the Central Asian off-highway dumper market was finally on the rise to reach $X after two years of decline. In general, consumption posted perceptible growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Off-Highway Dumper Production in Central Asia

In value terms, off-highway dumper production rose to $X in 2021 estimated in export price. In general, production saw strong growth. The growth pace was the most rapid in 2014 when the production volume increased by 107%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Off-Highway Dumper Exports

Exports in Central Asia

In 2021, approx. X units of dumpers for off-highway use were exported in Central Asia; waning by -56.9% on 2020. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 200% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports dropped significantly to $X in 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 194%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Turkmenistan (X units), Kazakhstan (X units), Mongolia (X units) and Kyrgyzstan (X units) was the major exporter of dumpers for off-highway use in Central Asia, achieving 99% of total export.

From 2012 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +54.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest off-highway dumper supplying countries in Central Asia were Turkmenistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 91% share of total exports.

Turkmenistan, with a CAGR of +59.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 2021, with a decrease of -27.9% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 64% against the previous year. As a result, the export price reached the peak level of $X per unit, and then reduced sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+11.7%), while the other leaders experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports in Central Asia

In 2021, purchases abroad of dumpers for off-highway use was finally on the rise to reach X units after two years of decline. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 128%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports skyrocketed to $X in 2021. Overall, imports showed mild growth. The pace of growth was the most pronounced in 2017 when imports increased by 122%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Uzbekistan (X units), Mongolia (X units) and Kazakhstan (X units) represented roughly 96% of total imports in 2021. Kyrgyzstan (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2021, with a combined 93% share of total imports.

Uzbekistan, with a CAGR of +15.8%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, waning by -3.6% against the previous year. Overall, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the import price increased by 18% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kyrgyzstan ($X per unit), while Mongolia ($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 (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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