Central Asia: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Central Asia

The Central Asian domestic electro-thermic appliances market shrank to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, continues to indicate a strong expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Domestic Electro-Thermic Appliances Production in Central Asia

In value terms, domestic electro-thermic appliances production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in Central Asia

In 2022, overseas shipments of domestic electro-thermic appliances increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, domestic electro-thermic appliances exports surged to $X in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Kyrgyzstan prevails in exports structure, recording X units, which was near X% of total exports in 2022. It was distantly followed by Uzbekistan (X units), constituting a X% share of total exports. Kazakhstan (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to domestic electro-thermic appliances exports from Kyrgyzstan stood at X%. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, the largest domestic electro-thermic appliances supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together comprising X% of total exports.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 mixed trends in the export price figures.

Domestic Electro-Thermic Appliances Imports

Imports in Central Asia

In 2022, the amount of domestic electro-thermic appliances imported in Central Asia stood at X units, leveling off at the year before. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, domestic electro-thermic appliances imports totaled $X in 2022. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan was the largest importer of domestic electro-thermic appliances in Central Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Uzbekistan (X units) held the second position in the ranking, followed by Kyrgyzstan (X units) and Tajikistan (X units). All these countries together held approx. X% share of total imports. Mongolia (X units) and Turkmenistan (X units) followed a long way behind the leaders.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform