Central Asia: Clock Market 2020

Clock Market Size in Central Asia

The revenue of the clock market in Central Asia amounted to $X in 2017, falling by -X% against the previous year. The clock consumption continues to indicate a conspicuous increase. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. In that year, the clock market reached their peak level of $X, and then declined slightly in the following year.

Clock Production in Central Asia

In 2017, production of instrument panel and wall clocks in Central Asia totaled X tons, jumping by X% against the previous year. The clock production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. Over the period under review, the clock production reached its peak figure volume of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Clock Exports in Central Asia

The exports amounted to X tons in 2017, jumping by X% against the previous year. The clock exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. In that year, the clock exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, clock exports amounted to $X in 2017. The clock exports continue to indicate an outstanding expansion. Over the period under review, the clock exports reached its peak figure level in 2017, and are likely to continue its growth in the near future.

Clock Exports by Country in Central Asia

Kazakhstan dominates clock exports structure, amounting to X tons, which was near X% of total exports in 2017. Mongolia (X kg) and Kyrgyzstan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest growing in terms of the instrument panel and wall clocks exports, with a CAGR of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. By contrast, Mongolia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mongolia increased by X% percentage points, while Kyrgyzstan (-X%) and Kazakhstan (-X%) saw their share reduced.

In value terms, Kazakhstan ($X) remains the largest clock supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global exports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled +X%. In the other countries, the average annual rates were as follows: Mongolia (-X% per year) and Kyrgyzstan (+X% per year).

Clock Export Prices by Country in Central Asia

In 2017, the clock export price in Central Asia amounted to $X per kg, lowering by -X% against the previous year. The clock export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. In that year, the export prices for instrument panel and wall clocks attained their peak level of $X per kg, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mongolia ($X per kg), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mongolia (+X% per year), while the other leaders experienced a decline in the export price figures.

Clock Imports in Central Asia

In 2017, clock imports in Central Asia amounted to X tons, increasing by X% against the previous year. The clock imports continue to indicate an abrupt reduction. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, clock imports totaled $X in 2017. The clock imports continue to indicate a temperate downturn. Over the period under review, the clock imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Clock Imports by Country in Central Asia

Kazakhstan (X tons) and Kyrgyzstan (X tons) dominates clock imports structure, together creating X% of total imports. Mongolia (X tons) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mongolia (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported instrument panel and wall clocks in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports. It was followed by Mongolia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (-X% per year) and Mongolia (+X% per year).

Clock Import Prices by Country in Central Asia

The clock import price in Central Asia stood at $X per ton in 2017, shrinking by -X% against the previous year. The clock import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2008, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform