Central Asia: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Central Asia

The Central Asian hydraulic automatic regulators market skyrocketed to $X in 2021, increasing by 50% against the previous year. Over the period under review, consumption showed a remarkable increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Hydraulic Automatic Regulators Production in Central Asia

In value terms, hydraulic automatic regulators production fell to $X in 2021 estimated in export price. In general, production enjoyed a temperate expansion. The pace of growth was the most pronounced in 2017 with an increase of 44% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Hydraulic Automatic Regulators Exports

Exports in Central Asia

In 2021, overseas shipments of hydraulic or pneumatic automatic regulating instruments decreased by -1.5% to X units, falling for the second year in a row after three years of growth. Overall, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 278%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, hydraulic automatic regulators exports totaled $X in 2021. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by 171% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan was the main exporting country with an export of about X units, which resulted at 87% of total exports. It was distantly followed by Turkmenistan (X units), generating a 10% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to hydraulic automatic regulators exports from Kazakhstan stood at +3.2%. At the same time, Turkmenistan (+31.5%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +31.5% from 2012-2021. Kazakhstan (+43 p.p.) and Turkmenistan (+9.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydraulic automatic regulators supplying countries in Central Asia were Kazakhstan ($X) and Turkmenistan ($X).

Turkmenistan, with a CAGR of +10.6%, 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.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, picking up by 12% against the previous year. Overall, the export price, however, faced a abrupt curtailment. The growth pace was the most rapid in 2020 when the export price increased by 120% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkmenistan ($X per unit), while Kazakhstan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (-15.9%).

Hydraulic Automatic Regulators Imports

Imports in Central Asia

In 2021, approx. X units of hydraulic or pneumatic automatic regulating instruments were imported in Central Asia; increasing by 104% compared with the previous year. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 144% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, hydraulic automatic regulators imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 73% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan represented the key importer of hydraulic or pneumatic automatic regulating instruments in Central Asia, with the volume of imports recording X units, which was approx. 58% of total imports in 2021. Tajikistan (X units) held a 31% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (11%).

From 2012 to 2021, the biggest increases were recorded for Tajikistan (with a CAGR of +23.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported hydraulic or pneumatic automatic regulating instruments in Central Asia, comprising 59% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a 22% share of total imports.

In Kazakhstan, hydraulic automatic regulators imports decreased by an average annual rate of -3.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Tajikistan (+39.3% per year) and Turkmenistan (-9.9% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, waning by -19% against the previous year. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 when the import price increased by 305%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Kazakhstan ($X per unit), while Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+13.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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