Central Asia: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Central Asia

In 2021, after two years of growth, there was significant decline in the Central Asian positive displacement pump market, when its value decreased by -5.6% to $X. Overall, consumption, however, saw a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Positive Displacement Pump Production in Central Asia

In value terms, positive displacement pump production shrank to $X in 2021 estimated in export price. Overall, production, however, saw a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 127% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Positive Displacement Pump Exports

Exports in Central Asia

In 2021, approx. X units of positive displacement pumps and hand pumps were exported in Central Asia; increasing by 114% compared with the previous year. In general, exports, however, saw a dramatic setback. The growth pace was the most rapid in 2016 with an increase of 115% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, positive displacement pump exports dropped dramatically to $X in 2021. Overall, exports, however, showed a significant curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 377%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Kazakhstan (X units) represented the major exporter of positive displacement pumps and hand pumps, creating 71% of total exports. It was distantly followed by Uzbekistan (X units), achieving a 22% share of total exports. The following exporters - Kyrgyzstan (X units) and Mongolia (X units) - each reached a 6.5% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +2.7% from 2012 to 2021. At the same time, Mongolia (+11.0%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +11.0% from 2012-2021. By contrast, Uzbekistan (-6.3%) and Kyrgyzstan (-47.3%) illustrated a downward trend over the same period. While the share of Kazakhstan (+67 p.p.), Uzbekistan (+19 p.p.) and Mongolia (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-88.5 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest positive displacement pump supplier in Central Asia, comprising 81% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 13% share of total exports. It was followed by Kyrgyzstan, with a 4% share.

In Kazakhstan, positive displacement pump exports declined by an average annual rate of -14.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (-34.3% per year) and Kyrgyzstan (-42.6% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, waning by -61.3% against the previous year. In general, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2015 an increase of 806% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per unit), while Uzbekistan ($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 (+9.0%), while the other leaders experienced a decline in the export price figures.

Positive Displacement Pump Imports

Imports in Central Asia

In 2021, imports of positive displacement pumps and hand pumps in Central Asia skyrocketed to X units, growing by 66% against the year before. Over the period under review, imports saw a significant increase. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, positive displacement pump imports expanded markedly to $X in 2021. Total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +93.8% against 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 43% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X units) represented the main importer of positive displacement pumps and hand pumps, constituting 72% of total imports. It was distantly followed by Turkmenistan (X units), generating a 21% share of total imports. Uzbekistan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to positive displacement pump imports into Kazakhstan stood at +22.8%. At the same time, Uzbekistan (+111.6%), Kyrgyzstan (+43.7%) and Turkmenistan (+19.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +111.6% from 2012-2021. Uzbekistan (+3.7 p.p.) and Kyrgyzstan (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -6.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported positive displacement pumps and hand pumps in Central Asia, comprising 56% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 26% share of total imports. It was followed by Turkmenistan, with a 9.6% share.

In Kazakhstan, positive displacement pump imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+33.9% per year) and Turkmenistan (-10.0% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, declining by -34.3% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when the import price increased by 87%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-19.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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