Central Asia: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in Central Asia

The Central Asian remote control apparatus market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Remote Control Apparatus Production in Central Asia

In value terms, remote control apparatus production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Remote Control Apparatus Exports

Exports in Central Asia

In 2022, the amount of radio remote control apparatus exported in Central Asia surged to X units, jumping by X% on 2021. In general, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, remote control apparatus exports surged to $X in 2022. Overall, exports showed strong growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Uzbekistan (X units) held a relatively small share of total exports.

Kazakhstan was also the fastest-growing in terms of the radio remote control apparatus exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kazakhstan, remote control apparatus exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, increasing by X% against the previous year. Overall, the export price recorded a temperate expansion. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at $X per unit.

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

Remote Control Apparatus Imports

Imports in Central Asia

In 2022, after four years of growth, there was significant decline in purchases abroad of radio remote control apparatus, when their volume decreased by X% to X units. In general, imports, however, saw a mild expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, remote control apparatus imports expanded significantly to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Kazakhstan (X units) represented the largest importer of radio remote control apparatus, committing X% of total imports. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%). The following importers - Mongolia (X units), Turkmenistan (X units) and Tajikistan (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to remote control apparatus imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (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. Kyrgyzstan experienced a relatively flat trend pattern. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Kazakhstan and Tajikistan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest remote control apparatus importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: 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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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