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Report Central Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Needle Roller Bearing Market 2024

Needle Roller Bearing Market Size in Central Asia

In 2021, after four years of growth, there was decline in the Central Asian needle roller bearing market, when its value decreased by -2.5% to $X. Overall, consumption posted strong growth. The level of consumption peaked at $X in 2020, and then fell modestly in the following year.

Needle Roller Bearing Production in Central Asia

In value terms, needle roller bearing production contracted to $X in 2021 estimated in export price. In general, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 77% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Needle Roller Bearing Exports

Exports in Central Asia

In 2021, shipments abroad of needle roller bearings decreased by -94.3% to X kg for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, posted tangible growth. The pace of growth was the most pronounced in 2019 with an increase of 237% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined dramatically in the following year.

In value terms, needle roller bearing exports reduced dramatically to $X in 2021. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 237% against the previous year. The level of export peaked at $X in 2020, and then declined sharply in the following year.

Exports by Country

Kazakhstan prevails in exports structure, accounting for X kg, which was near 96% of total exports in 2021. Uzbekistan (X kg) held a minor share of total exports.

Kazakhstan was also the fastest-growing in terms of the needle roller bearings exports, with a CAGR of +28.3% from 2012 to 2021. Uzbekistan (-13.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan increased by +82 percentage points.

In value terms, Kazakhstan ($X) remains the largest needle roller bearing supplier in Central Asia, comprising 97% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 2.1% share of total exports.

In Kazakhstan, needle roller bearing exports increased at an average annual rate of +34.6% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, with an increase of 102% against the previous year. In general, the export price posted a measured expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.9%).

Needle Roller Bearing Imports

Imports in Central Asia

In 2021, purchases abroad of needle roller bearings increased by 22% to X tons, rising for the fifth consecutive year after two years of decline. In general, imports saw resilient growth. The growth pace was the most rapid in 2020 when imports increased by 166% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, needle roller bearing imports skyrocketed to $X in 2021. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 114%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan dominates imports structure, recording X tons, which was near 95% of total imports in 2021. Uzbekistan (X tons) took a little share of total imports.

Kazakhstan was also the fastest-growing in terms of the needle roller bearings imports, with a CAGR of +14.4% from 2012 to 2021. At the same time, Uzbekistan (+11.9%) displayed positive paces of growth. Uzbekistan (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported needle roller bearings in Central Asia, comprising 87% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 9% share of total imports.

In Kazakhstan, needle roller bearing imports expanded at an average annual rate of +8.0% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, picking up by 10% against the previous year. In general, the import price, however, saw a pronounced decline. The growth pace was the most rapid in 2017 an increase of 39% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kyrgyzstan constituted the country with the largest volume of needle roller bearing consumption, comprising approx. 91% of total volume. Moreover, needle roller bearing consumption in Kyrgyzstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, more than tenfold.
Kyrgyzstan constituted the country with the largest volume of needle roller bearing production, accounting for 100% of total volume.
In value terms, Kazakhstan remains the largest needle roller bearing supplier in Central Asia, comprising 95% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 4.4% share of total exports.
In value terms, the largest needle roller bearing importing markets in Central Asia were Uzbekistan, Kazakhstan and Turkmenistan, together accounting for 90% of total imports. These countries were followed by Mongolia, Kyrgyzstan and Tajikistan, which together accounted for a further 10%.
In 2021, the export price in Central Asia amounted to $2,499 per ton, reducing by -95.9% against the previous year.
The import price in Central Asia stood at $33,440 per ton in 2021, which is down by -16.4% against the previous year.

This report provides an in-depth analysis of the needle roller bearing market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28151070 - Needle roller bearings

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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