Central Asia: Hide Preparing Machinery Market 2024

Hide Preparing Machinery Market Size in Central Asia

In 2022, the Central Asian hide preparing machinery market was finally on the rise to reach $X after two years of decline. In general, consumption saw a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Hide Preparing Machinery Production in Central Asia

In value terms, hide preparing machinery production expanded notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Hide Preparing Machinery Exports

Exports in Central Asia

In 2022, approx. X units of machinery for preparing, tanning or working hides, skins or leather were exported in Central Asia; growing by X% against the previous year. In general, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hide preparing machinery exports surged to $X in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Kyrgyzstan (X units) held a relatively small share of total exports.

Kazakhstan was also the fastest-growing in terms of the machinery for preparing, tanning or working hides, skins or leather exports, with a CAGR of X% from 2012 to 2022. Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest hide preparing machinery supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, jumping by X% against the previous year. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 Kazakhstan ($X per unit), while Kyrgyzstan totaled $X per unit.

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

Hide Preparing Machinery Imports

Imports in Central Asia

In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery for preparing, tanning or working hides, skins or leather, when their volume increased by X% to X units. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, hide preparing machinery imports surged to $X in 2022. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Uzbekistan (X units) and Mongolia (X units) prevails in imports structure, together creating X% of total imports. Kazakhstan (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%) and Turkmenistan (X%). Kyrgyzstan (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constitutes the largest market for imported machinery for preparing, tanning or working hides, skins or leather in Central Asia, comprising X% of total imports. The second position in the ranking was held by Tajikistan ($X), with an X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan stood at X%. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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