Central Asia: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Central Asia

In 2020, the Central Asian market for electric generating sets and rotary converters increased by X% to $X, rising for the second consecutive year after five years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was 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 lower figure.

Production of Electric Generating Sets And Rotary Converters in Central Asia

In value terms, production of electric generating sets and rotary converters totaled $X in 2020 estimated in export prices. Overall, production continues to indicate a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2020 and is likely to see steady growth in the immediate term.

Production By Country in Central Asia

The country with the largest volume of production of electric generating sets and rotary converters was Kazakhstan (X units), accounting for X% of total volume.

In Kazakhstan, production of electric generating sets and rotary converters expanded at an average annual rate of +X% over the period from 2007-2020.

Exports of Electric Generating Sets And Rotary Converters

Exports in Central Asia

In 2020, approx. X units of electric generating sets and rotary converters were exported in Central Asia; increasing by X% on 2019. Overall, exports, however, showed a deep setback. Over the period under review, exports hit record highs at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters soared to $X in 2020. In general, exports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2017 to 2020, the growth of exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan was the largest exporter of electric generating sets and rotary converters in Central Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2020. Kyrgyzstan (X units) ranks second in terms of the total exports with a X% share, followed by Turkmenistan (X%) and Uzbekistan (X%). The following exporters - Mongolia (X units) and Tajikistan (X units) - each resulted at a X% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2007-2020. Mongolia and Uzbekistan experienced a relatively flat trend pattern. By contrast, Tajikistan (-X%) and Turkmenistan (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+X p.p.), Turkmenistan (+X p.p.), Uzbekistan (+X p.p.), Mongolia (+X p.p.) and Tajikistan (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest electric generating set and rotary converter supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Turkmenistan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Kazakhstan totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkmenistan (+X% per year) and Kyrgyzstan (+X% per year).

Export Prices by Country

The export price for electric generating sets and rotary converters in Central Asia stood at $X per unit in 2020, rising by X% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2016 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, 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 Mongolia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Tajikistan, while the other leaders experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports in Central Asia

In 2020, overseas purchases of electric generating sets and rotary converters were finally on the rise to reach X units after five years of decline. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, imports of electric generating sets and rotary converters declined significantly to $X in 2020. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2014 to 2020, the growth of imports failed to regain the momentum.

Imports by Country

Kazakhstan was the largest importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Uzbekistan (X units), making up a X% share of total imports. The following importers - Kyrgyzstan (X units) and Mongolia (X units) - together made up X% of total imports.

Imports into Kazakhstan decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Uzbekistan (+X%) and Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. Mongolia experienced a relatively flat trend pattern. While the share of Uzbekistan (+X p.p.), Kyrgyzstan (+X p.p.) and Mongolia (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electric generating sets and rotary converters in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Kazakhstan amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (-X% per year) and Mongolia (-X% per year).

Import Prices by Country

In 2020, the import price for electric generating sets and rotary converters in Central Asia amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the import price increased by X% y-o-y. Over the period under review, import prices reached the maximum at $X per unit in 2019, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mongolia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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