Report Update Nov 1, 2024

Central Asia - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Microwave Oven Market 2024

Microwave Oven Market Size in Central Asia

In 2022, the Central Asian microwave oven market increased by 0.5% to $X, rising for the sixth consecutive year after four years of decline. In general, consumption enjoyed a tangible expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Microwave Oven Production in Central Asia

In value terms, microwave oven production surged to $X in 2022 estimated in export price. Overall, production showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 189% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Microwave Oven Exports

Exports in Central Asia

In 2022, the amount of microwave ovens exported in Central Asia skyrocketed to X units, picking up by 1,469% compared with the previous year. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, microwave oven exports soared to $X in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, finishing at X units, which was near 97% of total exports in 2022. Uzbekistan (X units) held a minor share of total exports.

Kazakhstan was also the fastest-growing in terms of the microwave ovens exports, with a CAGR of +89.6% from 2012 to 2022. At the same time, Uzbekistan (+88.3%) displayed positive paces of growth. Uzbekistan (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest microwave oven supplier in Central Asia, comprising 99% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to +89.6%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, with an increase of 69% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.0%).

Microwave Oven Imports

Imports in Central Asia

In 2022, the amount of microwave ovens imported in Central Asia surged to X units, growing by 61% on 2021. In general, imports posted temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, microwave oven imports soared to $X in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 69%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Kazakhstan (X units) and Uzbekistan (X units) dominates imports structure, together constituting 84% of total imports. It was distantly followed by Kyrgyzstan (X units), achieving a 7.4% share of total imports. The following importers - Mongolia (X units), Turkmenistan (X units) and Tajikistan (X units) - together made up 8.4% of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +61.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported microwave ovens in Central Asia, comprising 66% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 20% share of total imports. It was followed by Kyrgyzstan, with a 4.9% share.

In Kazakhstan, microwave oven imports expanded at an average annual rate of +4.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+57.7% per year) and Kyrgyzstan (+5.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, waning by -11.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the import price increased by 36%. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($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 (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in Central Asia?

Kazakhstan constituted the country with the largest volume of microwave oven consumption, comprising approx. 58% of total volume. Moreover, microwave oven consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, twofold. Kyrgyzstan ranked third in terms of total consumption with a 9.1% share.

What are the leading suppliers of microwave ovens in Central Asia?

In value terms, Kazakhstan and Uzbekistan appeared to be the countries with the highest levels of exports in 2021.

What are the leading importers of microwave ovens in Central Asia?

In value terms, Kazakhstan constitutes the largest market for imported microwave ovens in Central Asia, comprising 56% of total imports. The second position in the ranking was occupied by Uzbekistan, with a 26% share of total imports. It was followed by Kyrgyzstan, with a 6.3% share.

What is the average export price for microwave ovens in Central Asia?

In 2021, the export price in Central Asia amounted to $70 per unit, jumping by 38% against the previous year.

What is the average import price for microwave ovens in Central Asia?

In 2021, the import price in Central Asia amounted to $45 per unit, growing by 2.2% against the previous year.

This report provides an in-depth analysis of the microwave oven 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 27512700 - Domestic microwave ovens

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023