Central Asia: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Central Asia

After two years of growth, the Central Asian cable-making machine market decreased by X% to $X in 2022. Overall, consumption showed a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cable-Making Machine Production in Central Asia

In value terms, cable-making machine production expanded remarkably to $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Cable-Making Machine Exports

Exports in Central Asia

In 2022, shipments abroad of rope or cable-making machines decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank notably in the following year.

In value terms, cable-making machine exports shrank notably to $X in 2022. Over the period under review, exports faced a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tajikistan represented the key exporter of rope or cable-making machines in Central Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X units), mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Tajikistan (with a CAGR of X%).

In value terms, Tajikistan ($X) remains the largest cable-making machine supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Tajikistan, cable-making machine exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while Kazakhstan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Cable-Making Machine Imports

Imports in Central Asia

In 2022, after two years of growth, there was significant decline in supplies from abroad of rope or cable-making machines, when their volume decreased by X% to X units. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cable-making machine imports contracted notably to $X in 2022. Over the period under review, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

Uzbekistan represented the main importer of rope or cable-making machines in Central Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Turkmenistan (X units) and Kazakhstan (X units), together constituting an X% share of total imports. Kyrgyzstan (X units) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the rope or cable-making machines imports, with a CAGR of X% from 2012 to 2022. At the same time, Turkmenistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Turkmenistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported rope or cable-making machines in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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