Central Asia: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Central Asia

In 2020, the Central Asian market for instrument panel and wall clocks decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Instrument Panel And Wall Clocks in Central Asia

In value terms, instrument panel and wall clock production declined slightly to $X in 2020 estimated in export prices. In general, production recorded a noticeable descent. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Production By Country in Central Asia

Kazakhstan (X tons) remains the largest instrument panel and wall clock producing country in Central Asia, accounting for X% of total volume. Moreover, instrument panel and wall clock production in Kazakhstan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), threefold.

In Kazakhstan, instrument panel and wall clock production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Turkmenistan (+X% per year) and Kyrgyzstan (-X% per year).

Exports of Instrument Panel And Wall Clocks

Exports in Central Asia

Instrument panel and wall clock exports skyrocketed to X tons in 2020, increasing by X% against 2019. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked in 2020 and is likely to continue growth in the immediate term.

In value terms, instrument panel and wall clock exports soared to $X in 2020. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Uzbekistan was the main exporter of instrument panel and wall clocks in Central Asia, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2020. It was distantly followed by Kazakhstan (X tons), creating a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the instrument panel and wall clocks exports, with a CAGR of +X% from 2007 to 2020. At the same time, Kazakhstan (+X%) displayed positive paces of growth. From 2007 to 2020, the share of Uzbekistan increased by +X% percentage points, while Kazakhstan (-X p.p.) saw their share reduced.

In value terms, the largest instrument panel and wall clock supplying countries in Central Asia were Kazakhstan ($X) and Uzbekistan ($X recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price for instrument panel and wall clocks in Central Asia stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan.

Imports of Instrument Panel And Wall Clocks

Imports in Central Asia

After two years of growth, purchases abroad of instrument panel and wall clocks decreased by -X% to X tons in 2020. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports dropped dramatically to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan represented the main importer of instrument panel and wall clocks in Central Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2020. It was distantly followed by Uzbekistan (X tons), Turkmenistan (X tons) and Kyrgyzstan (X tons), together comprising a X% share of total imports. The following importers - Mongolia (X tons) and Tajikistan (X tons) - each reached a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock imports into Kazakhstan stood at -X%. At the same time, Mongolia (+X%), Uzbekistan (+X%) and Turkmenistan (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. By contrast, Kyrgyzstan (-X%) and Tajikistan (-X%) illustrated a downward trend over the same period. Kazakhstan (+X p.p.), Uzbekistan (+X p.p.), Turkmenistan (+X p.p.), Kyrgyzstan (+X p.p.) and Mongolia (+X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the largest instrument panel and wall clock importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), with a combined X% share of total imports.

Uzbekistan 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 2020, the import price for instrument panel and wall clocks in Central Asia amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded significant growth. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Tajikistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :