Central Asia: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Central Asia

The Central Asian horizontal machining centre market contracted to $X in 2023, waning by X% against the previous year. In general, consumption, however, posted a buoyant expansion. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Horizontal Machining Centre Production in Central Asia

In value terms, horizontal machining centre production stood at $X in 2023 estimated in export price. Overall, production saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports in Central Asia

In 2023, the amount of horizontal machining centres for working metal exported in Central Asia dropped sharply to X units, falling by X% against 2022 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, horizontal machining centre exports shrank remarkably to $X in 2023. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of horizontal machining centres for working metal, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of horizontal machining centres for working metal. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest horizontal machining centre supplier in Central Asia.

In Kazakhstan, horizontal machining centre exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2023, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Horizontal Machining Centre Imports

Imports in Central Asia

In 2023, approx. X units of horizontal machining centres for working metal were imported in Central Asia; declining by X% on 2022 figures. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, horizontal machining centre imports dropped to $X in 2023. In general, imports, however, posted a strong expansion. The growth pace was the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

Uzbekistan (X units), Turkmenistan (X units) and Kazakhstan (X units) represented roughly X% of total imports in 2023. It was distantly followed by Kyrgyzstan (X units), comprising a X% share of total imports. The following importers - Mongolia (X units) and Tajikistan (X units) - each recorded a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkmenistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constitutes the largest market for imported horizontal machining centres for working metal in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Uzbekistan, horizontal machining centre imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform