Central Asia: Travel Set Market 2024

Travel Set Market Size in Central Asia

The Central Asian travel set market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Travel Set Production in Central Asia

In value terms, travel set production rose significantly to $X in 2022 estimated in export price. In general, production recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Travel Set Exports

Exports in Central Asia

In 2022, approx. X units of travel sets were exported in Central Asia; picking up by X% compared with the previous year. In general, exports continue to indicate significant growth. The growth pace was the most rapid 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 immediate term.

In value terms, travel set exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Uzbekistan (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the travel sets exports, with a CAGR of X% from 2012 to 2022. Uzbekistan experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

In Kazakhstan, travel set exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

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

Travel Set Imports

Imports in Central Asia

After two years of growth, purchases abroad of travel sets decreased by X% to X units in 2022. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, travel set imports fell notably to $X in 2022. Overall, imports faced a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan represented the major importer of travel sets in Central Asia, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%) and Mongolia (X%). Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to travel set imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Turkmenistan (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. By contrast, Mongolia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Kazakhstan (X p.p.), Kyrgyzstan (X p.p.) and Turkmenistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mongolia (X p.p.) displayed negative dynamics.

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

In Kazakhstan, travel set imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Kazakhstan ($X per unit), while Kyrgyzstan ($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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