Central Asia: Resistor Market 2024

Resistor Market Size in Central Asia

The Central Asian resistor market rose rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Resistor Production in Central Asia

In value terms, resistor production rose remarkably to $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Resistor Exports

Exports in Central Asia

In 2022, the amount of electrical resistors (except heating resistors) exported in Central Asia soared to X units, jumping by X% on 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, resistor exports skyrocketed to $X in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the key exporter of electrical resistors (except heating resistors) in Central Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Mongolia (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (X%). Uzbekistan (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to resistor exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Mongolia (X%) and Kyrgyzstan (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. While the share of Kazakhstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest resistor supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), with a combined X% share of total exports.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to 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

The export price in Central Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a slight setback. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Mongolia (less than $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.

Resistor Imports

Imports in Central Asia

Resistor imports soared to X units in 2022, jumping by X% against the previous year. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, resistor imports soared to $X in 2022. Over the period under review, imports enjoyed a moderate expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kazakhstan dominates imports structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X units), achieving an X% share of total imports. The following importers - Kyrgyzstan (X units) and Mongolia (X units) - each finished at a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Mongolia (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported 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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Among the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per thousand units, with a decrease of X% against the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per thousand units in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per thousand units), while Kazakhstan ($X per thousand units) 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 import price figures.

Source: IndexBox Platform

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