Central Asia: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Central Asia

The Central Asian food manufacture machinery market was estimated at $X in 2021, approximately mirroring the previous year. In general, consumption saw a moderate increase. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Food Manufacture Machinery Production in Central Asia

In value terms, food manufacture machinery production dropped to $X in 2021 estimated in export price. Over the period under review, production enjoyed a moderate increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 101%. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

Food Manufacture Machinery Exports

Exports in Central Asia

After three years of growth, overseas shipments of machinery for the preparation or manufacture of food or drink decreased by -6.9% to X units in 2021. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 303%. As a result, the exports reached the peak of X units, and then fell in the following year.

In value terms, food manufacture machinery exports contracted remarkably to $X in 2021. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 484%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Kazakhstan (X units) and Mongolia (X units) prevails in exports structure, together generating 96% of total exports. Uzbekistan (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Mongolia (with a CAGR of +87.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the largest food manufacture machinery supplier in Central Asia, comprising 74% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan totaled +25.3%. In the other countries, the average annual rates were as follows: Uzbekistan (+47.8% per year) and Mongolia (+61.4% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, shrinking by -49.9% against the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2014 when the export price increased by 70% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020, and then dropped significantly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Uzbekistan ($X per unit), while Mongolia ($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 (+29.1%), while the other leaders experienced mixed trends in the export price figures.

Food Manufacture Machinery Imports

Imports in Central Asia

In 2021, supplies from abroad of machinery for the preparation or manufacture of food or drink was finally on the rise to reach X units after three years of decline. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 194%. The volume of import peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, food manufacture machinery imports surged to $X in 2021. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 218% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the key importer of machinery for the preparation or manufacture of food or drink in Central Asia, with the volume of imports accounting for X units, which was near 72% of total imports in 2021. It was distantly followed by Uzbekistan (X units), mixing up a 20% share of total imports. Mongolia (X units), Tajikistan (X units) and Turkmenistan (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to food manufacture machinery imports into Kazakhstan stood at +19.1%. At the same time, Uzbekistan (+186.4%) and Tajikistan (+15.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +186.4% from 2012-2021. By contrast, Mongolia (-3.0%) and Turkmenistan (-9.7%) illustrated a downward trend over the same period. While the share of Uzbekistan (+20 p.p.) and Kazakhstan (+10 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mongolia (-13.7 p.p.) and Turkmenistan (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 94% of total imports. Tajikistan and Turkmenistan lagged somewhat behind, together comprising a further 3.9%.

Tajikistan, with a CAGR of +20.4%, saw the highest growth rate of 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 2021, the import price in Central Asia amounted to $X per unit, with a decrease of -20.4% against the previous year. Over the period under review, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the import price increased by 80%. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mongolia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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