Central Asia: Market for Toothed wheels, chain sprockets and other transmission elements 2025

Exports of Toothed wheels, chain sprockets and other transmission elements

Exports in Central Asia

In 2021, exports of toothed wheels, chain sprockets and other transmission elements in Central Asia shrank markedly to X tons, falling by -64.3% compared with the year before. Over the period under review, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when exports increased by 150%. As a result, the exports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements fell dramatically to $X in 2021. Overall, exports showed a mild curtailment. The pace of growth was the most pronounced in 2020 with an increase of 114% against the previous year. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

In 2021, Kyrgyzstan (X tons) was the key exporter of toothed wheels, chain sprockets and other transmission elements, constituting 57% of total exports. Kazakhstan (X tons) took a 28% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (8.7%) and Mongolia (6.1%).

Kyrgyzstan was also the fastest-growing in terms of the toothed wheels, chain sprockets and other transmission elements exports, with a CAGR of +44.1% from 2012 to 2021. At the same time, Mongolia (+29.7%) displayed positive paces of growth. By contrast, Kazakhstan (-16.3%) and Uzbekistan (-29.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kyrgyzstan, Uzbekistan and Mongolia increased by +56, +8.7 and +5.7 percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest toothed wheels, chain sprockets and other transmission elements supplier in Central Asia, comprising 61% of total exports. The second position in the ranking was held by Mongolia ($X), with a 17% share of total exports. It was followed by Kyrgyzstan, with a 12% share.

In Kazakhstan, exports of toothed wheels, chain sprockets and other transmission elements declined by an average annual rate of -5.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+35.0% per year) and Kyrgyzstan (+23.5% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, approximately mirroring the previous year. Export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for toothed wheels, chain sprockets and other transmission elements decreased by -13.1% against 2019 indices. The growth pace was the most rapid in 2013 when the export price increased by 104%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+95.2%), while the other leaders experienced more modest paces of growth.

Imports of Toothed wheels, chain sprockets and other transmission elements

Imports in Central Asia

In 2021, approx. X tons of toothed wheels, chain sprockets and other transmission elements were imported in Central Asia; jumping by 49% on the year before. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 129%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements soared to $X in 2021. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 82%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Kazakhstan (X tons) was the largest importer of toothed wheels, chain sprockets and other transmission elements, comprising 73% of total imports. It was distantly followed by Uzbekistan (X tons), Mongolia (X tons) and Kyrgyzstan (X tons), together constituting a 24% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +12.8% from 2012 to 2021. At the same time, Kyrgyzstan (+19.1%) and Mongolia (+15.3%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +19.1% from 2012-2021. By contrast, Uzbekistan (-13.9%) illustrated a downward trend over the same period. Uzbekistan (+10 p.p.) and Kyrgyzstan (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -6.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported toothed wheels, chain sprockets and other transmission elements in Central Asia, comprising 70% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 12% share of total imports. It was followed by Mongolia, with an 11% share.

In Kazakhstan, imports of toothed wheels, chain sprockets and other transmission elements increased at an average annual rate of +9.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+4.7% per year) and Mongolia (+13.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, surging by 8.8% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+21.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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