Central Asia: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Exports

Exports in Central Asia

In 2022, exports of industrial machinery for the preparation of meat or poultry in Central Asia skyrocketed to X units, growing by 1,144% on the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 507% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Uzbekistan was the key exporting country with an export of around X units, which accounted for 83% of total exports. It was distantly followed by Kazakhstan (X units), mixing up a 16% share of total exports.

Uzbekistan was also the fastest-growing in terms of the industrial machinery for the preparation of meat or poultry exports, with a CAGR of +129.3% from 2012 to 2022. At the same time, Kazakhstan (+22.7%) displayed positive paces of growth. Uzbekistan (+83 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -9.4% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest meat-preparation industrial machinery supplier in Central Asia, comprising 67% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 33% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled +25.3%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, declining by -51.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 414% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.1%).

Meat-Preparation Industrial Machinery Imports

Imports in Central Asia

In 2022, after two years of growth, there was decline in purchases abroad of industrial machinery for the preparation of meat or poultry, when their volume decreased by -4% to X units. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 86%. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, meat-preparation industrial machinery imports surged to $X in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 122% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Kazakhstan (X units) was the major importer of industrial machinery for the preparation of meat or poultry, committing 78% of total imports. Kyrgyzstan (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (5.9%). Mongolia (X units) took a minor share of total imports.

Imports into Kazakhstan increased at an average annual rate of +21.0% from 2012 to 2022. At the same time, Kyrgyzstan (+38.9%) and Uzbekistan (+5.9%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +38.9% from 2012-2022. By contrast, Mongolia (-5.9%) illustrated a downward trend over the same period. While the share of Kazakhstan (+13 p.p.), Kyrgyzstan (+9.8 p.p.) and Uzbekistan (+5.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mongolia (-26.3 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry in Central Asia, comprising 57% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 28% share of total imports. It was followed by Kyrgyzstan, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at +7.3%. In the other countries, the average annual rates were as follows: Uzbekistan (+14.6% per year) and Kyrgyzstan (+6.5% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, jumping by 57% against the previous year. In general, the import price, however, showed a abrupt contraction. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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