Central Asia: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Central Asia

The Central Asian thermoforming machine market declined sharply to $X in 2021, shrinking by -16.2% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Thermoforming Machine Production in Central Asia

In value terms, thermoforming machine production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2015 with an increase of 60%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Thermoforming Machine Exports

Exports in Central Asia

After two years of decline, shipments abroad of thermoforming machines for working rubber or plastics increased by 33% to X units in 2021. Over the period under review, exports posted a resilient increase. The growth pace was the most rapid in 2013 when exports increased by 1,400% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, thermoforming machine exports surged to $X in 2021. In general, exports, however, saw a drastic downturn. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Kazakhstan (X units) was the largest exporter of thermoforming machines for working rubber or plastics, mixing up 75% of total exports. It was distantly followed by Kyrgyzstan (X units), committing a 25% share of total exports.

Kazakhstan was also the fastest-growing in terms of the thermoforming machines for working rubber or plastics exports, with a CAGR of +4.6% from 2012 to 2021. Kyrgyzstan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Kyrgyzstan increased by +25 percentage points.

In value terms, Kazakhstan ($X) remains the largest thermoforming machine supplier in Central Asia, comprising 69% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 2.4% share of total exports.

In Kazakhstan, thermoforming machine exports decreased by an average annual rate of -13.3% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, jumping by 237% against the previous year. Over the period under review, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 1,285%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+80.1%).

Thermoforming Machine Imports

Imports in Central Asia

In 2021, approx. X units of thermoforming machines for working rubber or plastics were imported in Central Asia; which is down by -10% against the year before. Overall, imports, however, showed modest growth. The most prominent rate of growth was recorded in 2017 with an increase of 86%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, thermoforming machine imports fell dramatically to $X in 2021. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 177%. Over the period under review, imports hit record highs at $X in 2020, and then declined markedly in the following year.

Imports by Country

Kyrgyzstan was the largest importing country with an import of about X units, which resulted at 51% of total imports. It was distantly followed by Mongolia (X units), Uzbekistan (X units) and Kazakhstan (X units), together mixing up a 42% share of total imports. Turkmenistan (X units) and Tajikistan (X units) took a little share of total imports.

Imports into Kyrgyzstan increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, Turkmenistan (+11.1%) and Mongolia (+8.7%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +11.1% from 2012-2021. Tajikistan experienced a relatively flat trend pattern. By contrast, Kazakhstan (-16.8%) and Uzbekistan (-27.6%) illustrated a downward trend over the same period. Uzbekistan (+14 p.p.), Kyrgyzstan (+14 p.p.), Mongolia (+9.3 p.p.) and Turkmenistan (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -39.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported thermoforming machines for working rubber or plastics in Central Asia, comprising 56% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total imports. It was followed by Kyrgyzstan, with a 10% share.

In Uzbekistan, thermoforming machine imports expanded at an average annual rate of +9.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-5.3% per year) and Kyrgyzstan (-3.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, reducing by -39% against the previous year. Overall, the import price, however, saw perceptible growth. The growth pace was the most rapid in 2018 when the import price increased by 55%. The level of import peaked at $X per unit in 2020, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 (+50.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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