Central Asia: Machinery For Packing Market 2024

Machinery For Packing Market Size in Central Asia

In 2022, the Central Asian machinery for packing market increased by 14% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Machinery For Packing Production in Central Asia

In value terms, machinery for packing production rose to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 66%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Machinery For Packing Exports

Exports in Central Asia

In 2022, shipments abroad of machinery for packing or wrapping was finally on the rise to reach X units after two years of decline. Over the period under review, exports showed modest growth. The growth pace was the most rapid in 2015 with an increase of 304%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, machinery for packing exports soared to $X in 2022. In general, exports continue to indicate a measured expansion. The pace of growth was the most pronounced in 2015 when exports increased by 478%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan represented the largest exporting country with an export of about X units, which finished at 50% of total exports. Uzbekistan (X units) ranks second in terms of the total exports with a 32% share, followed by Kyrgyzstan (10%) and Turkmenistan (6.3%).

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +117.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest machinery for packing supplying countries in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X), together comprising 96% of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +112.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, growing by 61% against the previous year. Over the period under review, the export price continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2017 an increase of 102%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, 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 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 Kyrgyzstan (+33.9%), while the other leaders experienced mixed trends in the export price figures.

Machinery For Packing Imports

Imports in Central Asia

In 2022, purchases abroad of machinery for packing or wrapping increased by 11% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 140%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, machinery for packing imports soared to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 153%. 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 (X units) and Kazakhstan (X units) dominates imports structure, together achieving 81% of total imports. Kyrgyzstan (X units) took an 8.1% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (6%). Mongolia (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +12.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 92% share of total imports.

Turkmenistan, with a CAGR of +9.1%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Central Asia amounted to $X per unit, picking up by 11% against the previous year. In general, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when the import price increased by 27%. The level of import peaked at $X per unit in 2019; however, from 2020 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 ($X per unit), while Mongolia ($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 (-1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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