Central Asia: Relay Market 2024

Relay Market Size in Central Asia

The Central Asian relay market reduced notably to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, saw a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Relay Production in Central Asia

In value terms, relay production surged to $X in 2022 estimated in export price. In general, production, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of X,536%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Relay Exports

Exports in Central Asia

Relay exports soared to X units in 2022, with an increase of X% compared with the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, relay exports surged to $X in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kyrgyzstan 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 ($X) remains the largest relay supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, which is down by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Kyrgyzstan ($X per unit), while Uzbekistan ($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 a decline in the export price figures.

Relay Imports

Imports in Central Asia

In 2022, approx. X units of relays were imported in Central Asia; which is down by X% on the year before. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, relay imports rose modestly to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2019 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kazakhstan represented the key importer of relays in Central Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X units), committing a X% share of total imports. The following importers - Turkmenistan (X units), Kyrgyzstan (X units), Mongolia (X units) and Tajikistan (X units) - together made up X% of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Tajikistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%), Turkmenistan (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia, Kazakhstan and Turkmenistan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest relay importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($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

In 2022, the import price in Central Asia amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Mongolia ($X per unit), while Tajikistan ($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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