Report Central Asia - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 23, 2023

Central Asia - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Bracelet Market 2023

Bracelet Market Size in Central Asia

The Central Asian bracelet market shrank to $X in 2021, which is down by -1.6% against the previous year. Over the period under review, consumption showed a deep setback. The growth pace was the most rapid in 2020 when the market value increased by 8.1% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bracelet Production in Central Asia

In value terms, bracelet production reduced to $X in 2021 estimated in export price. Overall, production showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Bracelet Exports

Exports in Central Asia

In 2021, the amount of watch straps, bands and bracelets exported in Central Asia dropped to X kg, waning by -10.6% on the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 125% against the previous year. The volume of export peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, bracelet exports reduced rapidly to $X in 2021. Overall, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 510% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Kazakhstan (X kg) represented the key exporter of watch straps, bands and bracelets, generating 76% of total exports. Mongolia (X kg) took a 14% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (4.8%) and Uzbekistan (4.8%).

From 2012 to 2021, average annual rates of growth with regard to bracelet exports from Kazakhstan stood at -18.8%. Kyrgyzstan (-9.7%), Uzbekistan (-12.8%) and Mongolia (-23.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan, Kyrgyzstan and Kazakhstan increased by +4.8, +3 and +1.9 percentage points, respectively.

In value terms, Kazakhstan ($X) emerged as the largest bracelet supplier in Central Asia, comprising 62% of total exports. The second position in the ranking was held by Mongolia ($X), with a 16% share of total exports. It was followed by Uzbekistan, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to -24.8%. In the other countries, the average annual rates were as follows: Mongolia (-12.4% per year) and Uzbekistan (-26.4% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, dropping by -10.7% against the previous year. Over the period under review, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of 171% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+14.5%), while the other leaders experienced mixed trends in the export price figures.

Bracelet Imports

Imports in Central Asia

In 2021, approx. X tons of watch straps, bands and bracelets were imported in Central Asia; which is down by -28.7% compared with the previous year. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 532%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, bracelet imports surged to $X in 2021. Overall, imports, however, enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the major importer of watch straps, bands and bracelets in Central Asia, with the volume of imports resulting at X tons, which was approx. 71% of total imports in 2021. It was distantly followed by Kyrgyzstan (X tons), generating a 24% share of total imports. Turkmenistan (X kg) took a minor share of total imports.

Kazakhstan was also the fastest-growing in terms of the watch straps, bands and bracelets imports, with a CAGR of +31.4% from 2012 to 2021. At the same time, Kyrgyzstan (+2.0%) displayed positive paces of growth. By contrast, Turkmenistan (-8.1%) illustrated a downward trend over the same period. While the share of Kazakhstan (+55 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkmenistan (-19.3 p.p.) and Kyrgyzstan (-29.1 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported watch straps, bands and bracelets in Central Asia, comprising 96% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 1.6% share of total imports.

In Kazakhstan, bracelet imports increased at an average annual rate of +19.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+12.7% per year) and Turkmenistan (-10.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with an increase of 446% against the previous year. Overall, the import price continues to indicate a tangible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+10.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for watch straps, bands and bracelets in Central Asia?
+
The countries with the highest volumes of consumption in 2021 were Kazakhstan, Uzbekistan and Tajikistan, with a combined 85% share of total consumption. Turkmenistan and Kyrgyzstan lagged somewhat behind, together comprising a further 15%.
What are the largest producers of watch straps, bands and bracelets in Central Asia?
+
The countries with the highest volumes of production in 2021 were Kazakhstan, Uzbekistan and Tajikistan, together comprising 86% of total production. These countries were followed by Turkmenistan, which accounted for a further 13%.
What are the leading suppliers of watch straps, bands and bracelets in Central Asia?
+
In value terms, Kazakhstan emerged as the largest bracelet supplier in Central Asia, comprising 62% of total exports. The second position in the ranking was held by Mongolia $524), with a 16% share of total exports. It was followed by Uzbekistan, with a 12% share.
What are the leading importers of watch straps, bands and bracelets in Central Asia?
+
In value terms, Kazakhstan constitutes the largest market for imported watch straps, bands and bracelets in Central Asia, comprising 96% of total imports. The second position in the ranking was taken by Kyrgyzstan, with a 1.6% share of total imports.
What is the average export price for watch straps, bands and bracelets in Central Asia?
+
The export price in Central Asia stood at $76,595 per ton in 2021, declining by -10.7% against the previous year.
What is the average import price for watch straps, bands and bracelets in Central Asia?
+
The import price in Central Asia stood at $183,304 per ton in 2021, with an increase of 446% against the previous year.

This report provides an in-depth analysis of the bracelet market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)
Country coverage:
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Central Asia, split by region and country
• Trade (exports and imports) in Central Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Kazakhstan
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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