Central Asia: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Central Asia

After two years of decline, the Central Asian feedstuff preparing machinery market increased by 60% to $X in 2021. Overall, consumption posted a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Feedstuff Preparing Machinery Production in Central Asia

In value terms, feedstuff preparing machinery production reached $X in 2021 estimated in export price. Overall, production, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Feedstuff Preparing Machinery Exports

Exports in Central Asia

In 2021, exports of machinery for preparing animal feedstuffs in Central Asia surged to X units, rising by 214% compared with the previous year's figure. Overall, exports, however, showed a slight reduction. The pace of growth was the most pronounced in 2019 when exports increased by 650%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, feedstuff preparing machinery exports skyrocketed to $X in 2021. In general, exports recorded prominent growth. The growth pace was the most rapid in 2016 with an increase of 4,155% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, Uzbekistan (X units) represented the key exporter of machinery for preparing animal feedstuffs, generating 55% of total exports. It was distantly followed by Kazakhstan (X units) and Kyrgyzstan (X units), together committing a 45% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +4.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Uzbekistan ($X) emerged as the largest feedstuff preparing machinery supplier in Central Asia, comprising 71% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 19% share of total exports.

In Uzbekistan, feedstuff preparing machinery exports increased at an average annual rate of +747.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+1.7% per year) and Kyrgyzstan (-7.2% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, increasing by 168% against the previous year. Over the period under review, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+12.2%).

Feedstuff Preparing Machinery Imports

Imports in Central Asia

In 2021, overseas purchases of machinery for preparing animal feedstuffs increased by 45% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 121% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, feedstuff preparing machinery imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 178%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan (X units) and Uzbekistan (X units) dominates imports structure, together creating 89% of total imports. Turkmenistan (X units), Kyrgyzstan (X units) and Tajikistan (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkmenistan (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest feedstuff preparing machinery importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), together accounting for 95% of total imports.

In terms of the main importing countries, Turkmenistan, with a CAGR of +41.4%, saw the highest rates of growth with regard to the value of imports, 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, picking up by 12% against the previous year. In general, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2017 an increase of 26% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Turkmenistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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