Central Asia: Market for Machine-Tools For Working Any Material By Removal Of Material 2025

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Central Asia

The Central Asian machine-tool for removing material market soared to $X in 2021, rising by 15% against the previous year. In general, consumption showed a strong increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Machine-Tools For Working Any Material By Removal Of Material in Central Asia

In value terms, machine-tool for removing material production surged to $X in 2021 estimated in export price. Overall, production recorded temperate growth. The pace of growth was the most pronounced in 2019 with an increase of 85%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports in Central Asia

In 2021, the amount of machine-tools for working any material by removal of material exported in Central Asia surged to X units, with an increase of 508% on 2020. Overall, exports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of 677% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports soared to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 1,586%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of machine-tools for working any material by removal of material, namely Kazakhstan and Uzbekistan, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of +152.0%).

In value terms, Kazakhstan ($X) remains the largest machine-tool for removing material supplier in Central Asia, comprising 96% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 2.7% share of total exports.

In Kazakhstan, machine-tool for removing material exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, surging by 24% against the previous year. Overall, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of 117% 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 remained 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 totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+10.3%).

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports in Central Asia

In 2021, the amount of machine-tools for working any material by removal of material imported in Central Asia skyrocketed to X units, picking up by 59% against the previous year. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 70%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, machine-tool for removing material imports declined to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 76%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan was the main importer of machine-tools for working any material by removal of material in Central Asia, with the volume of imports reaching X units, which was approx. 56% of total imports in 2021. Uzbekistan (X units) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (11%) and Kyrgyzstan (4.7%). Turkmenistan (X units) and Tajikistan (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to machine-tool for removing material imports into Kazakhstan stood at +1.0%. At the same time, Tajikistan (+41.0%), Kyrgyzstan (+33.1%), Mongolia (+11.7%) and Turkmenistan (+7.9%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +41.0% from 2012-2021. By contrast, Uzbekistan (-3.2%) illustrated a downward trend over the same period. Uzbekistan (+23 p.p.), Kyrgyzstan (+4.1 p.p.), Mongolia (+4 p.p.) and Tajikistan (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -33.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 96% of total imports. Kyrgyzstan, Turkmenistan and Tajikistan lagged somewhat behind, together accounting for a further 3.9%.

Tajikistan, with a CAGR of +59.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, reducing by -41.1% against the previous year. Overall, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2016 an increase of 112% against the previous year. The level of import peaked at $X per unit in 2020, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Tajikistan ($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 (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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