Central Asia: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Central Asia

In 2022, after two years of growth, there was decline in the Central Asian non-combined refrigerator-freezer market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Non-Combined Refrigerator-Freezer Production in Central Asia

In value terms, non-combined refrigerator-freezer production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Non-Combined Refrigerator-Freezer Exports

Exports in Central Asia

In 2022, overseas shipments of household refrigerators and freezers (not combined) increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-combined refrigerator-freezer exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan was the largest exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Kazakhstan (X units), generating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%).

In value terms, the largest non-combined refrigerator-freezer supplying countries in Central Asia were Kazakhstan ($X) and Uzbekistan ($X).

In terms of the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Kazakhstan ($X per unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Non-Combined Refrigerator-Freezer Imports

Imports in Central Asia

In 2022, imports of household refrigerators and freezers (not combined) in Central Asia contracted slightly to X units, dropping by X% on the previous year's figure. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.

In value terms, non-combined refrigerator-freezer imports totaled $X in 2022. Overall, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan represented the largest importer of household refrigerators and freezers (not combined) in Central Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Uzbekistan (X units) took the second position in the ranking, distantly followed by Mongolia (X units), Tajikistan (X units), Kyrgyzstan (X units) and Turkmenistan (X units). All these countries together held approx. X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Tajikistan (X%), Kyrgyzstan (X%) and Mongolia (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. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kazakhstan increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported household refrigerators and freezers (not combined) in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an X% share of total imports. It was followed by Mongolia, with an X% share.

From 2012 to 2022, 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 Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, 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

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