Central Asia: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Central Asia

The Central Asian injection-moulding machine market expanded notably to $X in 2022, with an increase of 10% against the previous year. Over the period under review, consumption enjoyed a resilient increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Injection-Moulding Machine Production in Central Asia

In value terms, injection-moulding machine production soared to $X in 2022 estimated in export price. Overall, production saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Injection-Moulding Machine Exports

Exports in Central Asia

In 2022, the amount of injection-moulding machines for working rubber or plastics exported in Central Asia contracted sharply to X units, which is down by -74.9% on the year before. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,088%. As a result, the exports attained the peak of X units, and then contracted notably in the following year.

In value terms, injection-moulding machine exports dropped rapidly to $X in 2022. Overall, exports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 695% against the previous year. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

In 2022, Uzbekistan (X units) was the main exporter of injection-moulding machines for working rubber or plastics, constituting 84% of total exports. It was distantly followed by Kazakhstan (X units), constituting a 14% share of total exports. Kyrgyzstan (X units) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the injection-moulding machines for working rubber or plastics exports, with a CAGR of +79.2% from 2012 to 2022. Kazakhstan (-5.9%) and Kyrgyzstan (-6.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by +84 percentage points.

In value terms, the largest injection-moulding machine supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X).

Uzbekistan, with a CAGR of +127.8%, recorded the highest growth rate of 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

In 2022, the export price in Central Asia amounted to $X per unit, with an increase of 219% against the previous year. Overall, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 228% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+69.2%), while the other leaders experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports in Central Asia

In 2022, the amount of injection-moulding machines for working rubber or plastics imported in Central Asia declined to X units, waning by -11% on 2021. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 162%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, injection-moulding machine imports reduced to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 96% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Uzbekistan represented the main importer of injection-moulding machines for working rubber or plastics in Central Asia, with the volume of imports finishing at X units, which was approx. 72% of total imports in 2022. Turkmenistan (X units) ranks second in terms of the total imports with a 16% share, followed by Kazakhstan (7%). The following importers - Kyrgyzstan (X units) and Tajikistan (X units) - each reached a 4% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to injection-moulding machine imports into Uzbekistan stood at +3.2%. At the same time, Turkmenistan (+28.9%) and Tajikistan (+2.3%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +28.9% from 2012-2022. By contrast, Kazakhstan (-11.8%) and Kyrgyzstan (-13.1%) illustrated a downward trend over the same period. Uzbekistan (+72 p.p.) and Turkmenistan (+14 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan and Kazakhstan saw its share reduced by -16.5% and -47.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported injection-moulding machines for working rubber or plastics in Central Asia, comprising 82% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 8.2% share of total imports. It was followed by Turkmenistan, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled +12.3%. In the other countries, the average annual rates were as follows: Kazakhstan (-7.1% per year) and Turkmenistan (+25.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, with an increase of 6.1% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, injection-moulding machine import price increased by +53.3% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 51%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+11.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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