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Report Central Asia - Gear Cutting, Gear Grinding or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Gear Cutting, Gear Grinding or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Gear Cutting Machine Market 2024

Gear Cutting Machine Market Size in Central Asia

In 2021, the Central Asian gear cutting machine market increased by 5,750% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Gear Cutting Machine Production in Central Asia

In value terms, gear cutting machine production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw significant growth. The growth pace was the most rapid in 2018 when the production volume increased by 6,001%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Gear Cutting Machine Exports

Exports in Central Asia

For the tenth consecutive year, Central Asia recorded growth in shipments abroad of gear cutting, gear grinding or gear finishing machines, which increased by 80% to X units in 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 150% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, gear cutting machine exports surged to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 330%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Uzbekistan was the largest exporting country with an export of about X units, which amounted to 89% of total exports. It was distantly followed by Tajikistan (X units), achieving an 11% share of total exports.

Uzbekistan was also the fastest-growing in terms of the gear cutting, gear grinding or gear finishing machines exports, with a CAGR of +100.0% from 2012 to 2021. Tajikistan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Uzbekistan and Tajikistan increased by +88 and +10 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest gear cutting machine supplier in Central Asia, comprising 28% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a 13% share of total exports.

In Uzbekistan, gear cutting machine exports increased at an average annual rate of +155.2% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, shrinking by -27.2% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2019 when the export price increased by 115% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while Uzbekistan totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+96.1%).

Gear Cutting Machine Imports

Imports in Central Asia

In 2021, gear cutting machine imports in Central Asia skyrocketed to X units, increasing by 1,520% on the previous year. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gear cutting machine imports skyrocketed to $X in 2021. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Uzbekistan (X units) was the largest importer of gear cutting, gear grinding or gear finishing machines in Central Asia, creating 99% of total import.

Uzbekistan was also the fastest-growing in terms of the gear cutting, gear grinding or gear finishing machines imports, with a CAGR of +638.1% from 2012 to 2021. Uzbekistan (+98 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported gear cutting, gear grinding or gear finishing machines in Central Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan amounted to +278.8%.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, waning by -20.7% against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2018 an increase of 1,133%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.

From 2012 to 2021, the rate of growth in terms of prices for Uzbekistan amounted to -48.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan remains the largest gear cutting machine consuming country in Central Asia, accounting for 89% of total volume. Moreover, gear cutting machine consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Tajikistan, more than tenfold. Mongolia ranked third in terms of total consumption with a 2.4% share.
Kazakhstan constituted the country with the largest volume of gear cutting machine production, accounting for 75% of total volume. Moreover, gear cutting machine production in Kazakhstan exceeded the figures recorded by the second-largest producer, Kyrgyzstan, fivefold.
In value terms, Kazakhstan remains the largest gear cutting machine supplier in Central Asia, comprising 61% of total exports. The second position in the ranking was occupied by Uzbekistan, with a 23% share of total exports.
In value terms, Kazakhstan constitutes the largest market for imported gear cutting, gear grinding or gear finishing machines in Central Asia, comprising 90% of total imports. The second position in the ranking was occupied by Tajikistan, with a 3.3% share of total imports.
In 2021, the gear cutting machine export price in Central Asia amounted to $1,246 per unit, picking up by 23% against the previous year.
In 2021, the gear cutting machine import price in Central Asia amounted to $3,748 per unit, waning by -9.6% against the previous year.

This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 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. 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. 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. 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

  12. 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

  13. 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

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