Central Asia: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Central Asia

In 2021, after three years of growth, there was significant decline in the Central Asian market for parts of apparatus of hs, when its value decreased by -6.2% to $X. The total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.1% against 2017 indices. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Parts Of Apparatus Of Hs in Central Asia

In value terms, parts of apparatus of hs production reduced dramatically to $X in 2021 estimated in export price. The total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +47.5% against 2017 indices. The pace of growth was the most pronounced in 2020 with an increase of 68%. As a result, production reached the peak level of $X, and then declined significantly in the following year.

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Exports of Parts Of Apparatus Of Hs

Exports in Central Asia

In 2021, the amount of parts of apparatus of hs exported in Central Asia surged to X units, with an increase of 24% on the year before. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 343%. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, parts of apparatus of hs exports surged to $X in 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was approx. 96% of total exports in 2021. Kyrgyzstan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to parts of apparatus of hs exports from Kazakhstan stood at +42.7%. At the same time, Kyrgyzstan (+127.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +127.2% from 2012-2021. While the share of Kazakhstan (+5.4 p.p.) and Kyrgyzstan (+3.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest parts of apparatus of hs supplier in Central Asia, comprising 66% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to +44.1%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, increasing by 339% against the previous year. Over the period under review, the export price enjoyed a pronounced increase. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per unit), while Kazakhstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.9%).

Imports of Parts Of Apparatus Of Hs

Imports in Central Asia

In 2021, approx. X units of parts of apparatus of hs were imported in Central Asia; with an increase of 30% compared with the previous year's figure. Over the period under review, imports posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 64%. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, parts of apparatus of hs imports soared to $X in 2021. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 66%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan prevails in imports structure, reaching X units, which was approx. 91% of total imports in 2021. Uzbekistan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Uzbekistan (+11.9%) and Kyrgyzstan (+4.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +11.9% from 2012-2021. Uzbekistan (+3.9 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported parts of apparatus of hs in Central Asia, comprising 88% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to +20.4%. In the other countries, the average annual rates were as follows: Uzbekistan (+23.9% per year) and Kyrgyzstan (+24.9% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, surging by 23% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 90%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+19.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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