Central Asia: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Central Asia

In 2023, the Central Asian metal office furniture market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption saw a perceptible descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Metal Office Furniture Production in Central Asia

In value terms, metal office furniture production expanded slightly to $X in 2023 estimated in export price. In general, production, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of X,029% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

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Metal Office Furniture Exports

Exports in Central Asia

In 2023, exports of metal office furniture in Central Asia surged to X tons, jumping by X% against 2022. Over the period under review, exports saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, metal office furniture exports soared to $X in 2023. In general, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan represented the key exporter of metal office furniture in Central Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X tons), creating a X% share of total exports. Kazakhstan (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to metal office furniture exports from Uzbekistan stood at X%. At the same time, Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, the largest metal office furniture supplying countries in Central Asia were Uzbekistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X), together comprising X% of total exports.

Among the main exporting countries, Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the export price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Metal Office Furniture Imports

Imports in Central Asia

In 2023, after two years of growth, there was significant decline in supplies from abroad of metal office furniture, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, metal office furniture imports reduced to $X in 2023. Overall, imports saw a slight reduction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Kazakhstan (X tons) was the largest importer of metal office furniture, mixing up X% of total imports. Mongolia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%), Turkmenistan (X%) and Kyrgyzstan (X%). Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to metal office furniture imports into Kazakhstan stood at X%. At the same time, Uzbekistan (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 2012-2023. By contrast, Mongolia (X%), Tajikistan (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan, Kazakhstan and Kyrgyzstan increased by X, X and X percentage points, respectively.

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

From 2012 to 2023, 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

In 2023, the import price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2022, and then declined slightly in the following year.

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

From 2012 to 2023, 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