Central Asia: Electric Racing Set Market 2020

Electric Racing Set Market Size in Central Asia

The revenue of the electric racing set market in Central Asia amounted to $X in 2017, reducing by -X% against the previous year. The electric racing set consumption continues to indicate an abrupt decrease. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the electric racing set market reached their peak level of $X. From 2013 to 2017, growth of the electric racing set market stood at a somewhat lower level.

Electric Racing Set Production in Central Asia

In 2017, the amount of electric car racing sets produced in Central Asia amounted to X units, reducing by -X% against the previous year. The electric racing set production continues to indicate a drastic setback. The pace of growth was the most pronounced in 2015, when the output figure increased by X% year-to-year. Over the period under review, the electric racing set production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Electric Racing Set Exports in Central Asia

The exports amounted to X units in 2017, jumping by X% against the previous year. The electric racing set exports continue to indicate a prominent increase. The growth pace was the most rapid in 2017, with an increase of X% y-o-y. In that year, the electric racing set exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electric racing set exports totaled $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric racing set exports increased by +X% against 2008 indices. In that year, the electric racing set exports reached their peak level, and are likely to continue its growth in the immediate term.

Electric Racing Set Exports by Country in Central Asia

Kazakhstan (X units) represented roughly X% of total exports of electric car racing sets in 2017.

Kazakhstan was also the fastest growing in terms of the electric car racing sets exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest electric racing set supplier in Central Asia.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled +X%.

Electric Racing Set Export Prices by Country in Central Asia

In 2017, the electric racing set export price in Central Asia amounted to $X per unit, declining by -X% against the previous year. The electric racing set export price continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% y-o-y. Over the period under review, the export prices for electric car racing sets reached its peak figure level of $X per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Kazakhstan.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (-X% per year).

Electric Racing Set Imports in Central Asia

In 2017, approx. X units of electric car racing sets were imported in Central Asia; surging by X% against the previous year. The electric racing set imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the electric racing set imports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electric racing set imports stood at $X in 2017. The electric racing set imports continue to indicate a strong increase. Over the period under review, the electric racing set imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electric Racing Set Imports by Country in Central Asia

Kazakhstan dominates electric racing set imports structure, accounting for X units, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X units), generating X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Mongolia (-X%) and Kazakhstan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electric car racing sets in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports.

In Kazakhstan, electric racing set imports expanded at an average annual rate of +X% over the period from 2007-2017.

Electric Racing Set Import Prices by Country in Central Asia

In 2017, the electric racing set import price in Central Asia amounted to $X per thousand units, declining by -X% against the previous year. The electric racing set import price continues to indicate a slight setback. The growth pace was the most rapid in 2009, an increase of X% year-to-year. Over the period under review, the import prices for electric car racing sets reached its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per thousand units), while Mongolia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (-X% per year).

Source: IndexBox Platform