Central Asia: Market for Instruments for Measuring Electrical Quantities 2024

Market Size for Instruments for Measuring Electrical Quantities in Central Asia

The Central Asian market for instruments for measuring electrical quantities reached $X in 2022, growing by X% against the previous year. 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 in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Instruments for Measuring Electrical Quantities in Central Asia

In value terms, instruments for measuring electrical quantities production amounted to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Instruments for Measuring Electrical Quantities

Exports in Central Asia

In 2022, overseas shipments of instruments for measuring electrical quantities increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, instruments for measuring electrical quantities exports surged to $X in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. Kyrgyzstan (X units), Tajikistan (X units) and Uzbekistan (X units) followed a long way behind the leaders.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. Kazakhstan (X p.p.), Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) emerged as the largest instruments for measuring electrical quantities supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

In Kazakhstan, instruments for measuring electrical quantities exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, showed a mild decline. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 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 Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) 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.

Imports of Instruments for Measuring Electrical Quantities

Imports in Central Asia

Instruments for measuring electrical quantities imports surged to X units in 2022, rising by X% against 2021 figures. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, instruments for measuring electrical quantities imports reached $X in 2022. In general, imports recorded a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan represented the key importer of instruments for measuring electrical quantities in Central Asia, with the volume of imports recording X units, which was approx. X% of total imports in 2022. Kyrgyzstan (X units) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%). Turkmenistan (X units) and Mongolia (X units) took a minor share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of instruments for measuring electrical quantities. At the same time, Kyrgyzstan (X%), Uzbekistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Kyrgyzstan 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. While the share of Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (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 ($X) constitutes the largest market for imported instruments for measuring electrical quantities in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 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 Turkmenistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, dropping by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($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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