Central Asia: Toy Market 2024

Toy Market Size in Central Asia

The Central Asian toy market stood at $X in 2022, increasing by X% against the previous year. In general, consumption saw a remarkable increase. Over the period under review, the market attained the peak level at $X in 2019; afterwards, it flattened through to 2022.

Toy Production in Central Asia

In value terms, toy production totaled $X in 2022 estimated in export price. Over the period under review, production posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Toy Exports

Exports in Central Asia

In 2022, overseas shipments of dolls and toys were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, toy exports surged to $X in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Kazakhstan (X tons) and Kyrgyzstan (X tons) represented the major exporters of dolls and toys in Central Asia, together accounting for approx. X% of total exports. It was distantly followed by Uzbekistan (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest toy supplying countries in Central Asia were Kazakhstan ($X), Kyrgyzstan ($X) and Uzbekistan ($X), with a combined X% share of total exports.

Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries 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 ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then contracted remarkably in the following year.

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 Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Toy Imports

Imports in Central Asia

Toy imports surged to X tons in 2022, jumping by X% on the year before. In general, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, toy imports surged to $X in 2022. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan was the main importing country with an import of around X tons, which resulted at X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%). Mongolia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to toy imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Mongolia (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported dolls and toys in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with an X% share.

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

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

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

Source: IndexBox Platform

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