Central Asia: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Central Asia

The Central Asian market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) reached $X in 2023, remaining stable against the previous year. In general, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Central Asia

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) skyrocketed to $X in 2023 estimated in export price. Over the period under review, production saw resilient growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in Central Asia

After three years of decline, shipments abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by X% to X units in 2023. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2023. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

Kyrgyzstan represented the key exporting country with an export of about X units, which finished at X% of total exports. Kazakhstan (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (X%).

From 2012 to 2023, average annual rates of growth with regard to internal combustion engine (excl. diesel, moto vehicle and aircraft) exports from Kyrgyzstan stood at X%. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplying countries in Central Asia were Kyrgyzstan ($X), Kazakhstan ($X) and Uzbekistan ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in Central Asia

In 2023, purchases abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) shrank rapidly to $X in 2023. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, Uzbekistan (X units) represented the major importer of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), creating X% of total imports. Kazakhstan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%). The following importers - Turkmenistan (X units) and Mongolia (X units) - each amounted to a X% share of total imports.

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

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkmenistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform