Central Asia: Non-Propelled Vehicle Market 2024

Non-Propelled Vehicle Exports

Exports in Central Asia

In 2023, overseas shipments of vehicles not mechanically propelled increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2023 and is likely to see steady growth in years to come.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2023. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Kazakhstan was the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Uzbekistan (X units), mixing up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to non-propelled vehicle exports from Kazakhstan stood at X%. At the same time, Uzbekistan (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. 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, Kazakhstan ($X) remains the largest non-propelled vehicle supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Kazakhstan amounted to X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2023, increasing by X% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Non-Propelled Vehicle Imports

Imports in Central Asia

After two years of growth, purchases abroad of vehicles not mechanically propelled decreased by X% to X units in 2023. Total imports indicated a modest increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, non-propelled vehicle imports dropped to $X in 2023. Total imports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then shrank slightly in the following year.

Imports by Country

Kazakhstan represented the main importer of vehicles not mechanically propelled in Central Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2023. Uzbekistan (X units) took the second position in the ranking, followed by Kyrgyzstan (X units). All these countries together took near X% share of total imports. Mongolia (X units), Tajikistan (X units) and Turkmenistan (X units) followed a long way behind the leaders.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of vehicles not mechanically propelled. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Turkmenistan (X%) and Mongolia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Turkmenistan (X p.p.), Mongolia (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported vehicles not mechanically propelled in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (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, remaining constant against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform