Central Asia: Market for Electric Generating Sets And Rotary Converters 2024

Exports of Electric Generating Sets And Rotary Converters

Exports in Central Asia

In 2021, exports of electric generating sets and rotary converters in Central Asia expanded slightly to X units, increasing by X% on the year before. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, exports of electric generating sets and rotary converters stood at $X in 2021. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2021.

Exports by Country

Kazakhstan dominates converters structure, resulting at X units, which was near X% of total exports in 2021. It was distantly followed by Kyrgyzstan (X units), making up a X% share of total exports. The following exporters - Uzbekistan (X units), Turkmenistan (X units) and Mongolia (X units) - together made up X% of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2021. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2021. By contrast, Turkmenistan (X%), Mongolia (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Mongolia, Turkmenistan and Uzbekistan saw its share reduced by X%, X% and X% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest electric generating set and rotary converter supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

In Kazakhstan, exports of electric generating sets and rotary converters expanded at an average annual rate of X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, approximately equating the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkmenistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electric Generating Sets And Rotary Converters

Imports in Central Asia

After two years of decline, purchases abroad of electric generating sets and rotary converters increased by X% to X units in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of electric generating sets and rotary converters soared to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Kazakhstan was the key importing country with an import of around X units, which reached X% of total imports. Uzbekistan (X units) held the second position in the ranking, distantly followed by Mongolia (X units) and Kyrgyzstan (X units). All these countries together took approx. X% share of total imports. Turkmenistan (X units) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2021. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2021. Mongolia experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kyrgyzstan (X p.p.) and Turkmenistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electric generating sets and rotary converters in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an X% share of total imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, imports of electric generating sets and rotary converters increased at an average annual rate of X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, declining by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Turkmenistan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :