Central Asia: Women Knitwear Market 2024

Women Knitwear Market Size in Central Asia

The Central Asian women knitwear market soared to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a pronounced decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Women Knitwear Production in Central Asia

In value terms, women knitwear production rose markedly to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Women Knitwear Exports

Exports in Central Asia

For the fourth consecutive year, Central Asia recorded growth in shipments abroad of women's or girls' clothing (knitted or crocheted), which increased by X% to X units in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, women knitwear exports surged to $X in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Uzbekistan represented the key exporter of women's or girls' clothing (knitted or crocheted) in Central Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Kyrgyzstan (X units), creating a X% share of total exports.

Exports from Uzbekistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (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. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

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 Kyrgyzstan stood at $X per unit.

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

Women Knitwear Imports

Imports in Central Asia

In 2022, overseas purchases of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, women knitwear imports soared to $X in 2022. Over the period under review, imports, however, showed a deep downturn. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Kyrgyzstan represented the largest importer of women's or girls' clothing (knitted or crocheted) in Central Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X units), generating a X% share of total imports. Mongolia (X units), Uzbekistan (X units) and Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Mongolia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kyrgyzstan, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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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