Central Asia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Central Asia

The Central Asian metal deburring machine market soared to $X in 2021, rising by 28% against the previous year. In general, consumption saw prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Metal Deburring Machine Production in Central Asia

In value terms, metal deburring machine production soared to $X in 2021 estimated in export price. Over the period under review, production saw a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 138%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Metal Deburring Machine Exports

Exports in Central Asia

For the fifth year in a row, Central Asia recorded growth in shipments abroad of machines for deburring or polishing metal, which increased by 192% to X units in 2021. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 319%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, metal deburring machine exports soared to $X in 2021. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 772% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

Kyrgyzstan was the key exporter of machines for deburring or polishing metal in Central Asia, with the volume of exports resulting at X units, which was near 77% of total exports in 2021. It was distantly followed by Mongolia (X units) and Tajikistan (X units), together making up an 18% share of total exports. Kazakhstan (X units) held a little share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the machines for deburring or polishing metal exports, with a CAGR of +64.5% from 2012 to 2021. At the same time, Mongolia (+24.1%), Kazakhstan (+10.7%) and Tajikistan (+2.2%) displayed positive paces of growth. From 2012 to 2021, the share of Kyrgyzstan and Tajikistan increased by +63 and +6.1 percentage points, respectively.

In value terms, Kyrgyzstan ($X) emerged as the largest metal deburring machine supplier in Central Asia, comprising 61% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 30% share of total exports. It was followed by Tajikistan, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kyrgyzstan totaled +72.7%. In the other countries, the average annual rates were as follows: Mongolia (+68.1% per year) and Tajikistan (+60.3% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, which is down by -27.1% against the previous year. In general, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 370%. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then contracted notably in the following year.

Prices varied noticeably country of origin: 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 Mongolia (+35.4%), while the other leaders experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports in Central Asia

Metal deburring machine imports skyrocketed to X units in 2021, picking up by 86% against 2020. Over the period under review, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2017 when imports increased by 500%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal deburring machine imports fell remarkably to $X in 2021. Overall, imports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2017 when imports increased by 501% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, accounting for X units, which was approx. 87% of total imports in 2021. It was distantly followed by Turkmenistan (X units), generating a 7.2% share of total imports. Tajikistan (X units) and Uzbekistan (X units) followed a long way behind the leaders.

Imports into Kazakhstan decreased at an average annual rate of -1.6% from 2012 to 2021. At the same time, Tajikistan (+33.9%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +33.9% from 2012-2021. By contrast, Turkmenistan (-4.6%) and Uzbekistan (-11.6%) illustrated a downward trend over the same period. Kazakhstan (+4.3 p.p.), Tajikistan (+2.4 p.p.) and Uzbekistan (+2 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -1.8% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 96% share of total imports. Tajikistan lagged somewhat behind, accounting for a further 2.7%.

Tajikistan, with a CAGR of +29.3%, saw 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 mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, reducing by -58.8% against the previous year. In general, the import price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2018 an increase of 126%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+12.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :