Central Asia: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Central Asia

In 2021, the Central Asian centrifugal clothes-dryer market increased by 49% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Centrifugal Clothes-Dryer Production in Central Asia

In value terms, centrifugal clothes-dryer production contracted significantly to $X in 2021 estimated in export price. In general, production faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 1,048% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports in Central Asia

In 2021, approx. X units of centrifugal clothes-dryers were exported in Central Asia; declining by -48% against 2020 figures. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 1,160% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports declined markedly to $X in 2021. Overall, exports saw a precipitous setback. The growth pace was the most rapid in 2017 when exports increased by 506% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kazakhstan (X units) was the main exporter of centrifugal clothes-dryers, mixing up 69% of total exports. It was distantly followed by Mongolia (X units), making up a 31% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to centrifugal clothes-dryer exports from Kazakhstan stood at -15.0%. Mongolia experienced a relatively flat trend pattern. Mongolia (+31 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -5.8% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest centrifugal clothes-dryer supplier in Central Asia, comprising 72% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to -22.4%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, falling by -25.4% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the export price increased by 78% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Mongolia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-8.9%).

Centrifugal Clothes-Dryer Imports

Imports in Central Asia

In 2021, supplies from abroad of centrifugal clothes-dryers increased by 136% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate buoyant growth. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. Over the period under review, imports saw a modest increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan (X units) and Uzbekistan (X units) were the main importers of centrifugal clothes-dryers in 2021, recording near 45% and 36% of total imports, respectively. It was distantly followed by Kyrgyzstan (X units), creating a 13% share of total imports. Tajikistan (X units) and Mongolia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +34.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest centrifugal clothes-dryer importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together accounting for 91% of total imports.

Kyrgyzstan, with a CAGR of +19.1%, 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 more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, picking up by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable downturn. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+7.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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