Central Asia: Illuminated Sign Market 2025

Illuminated Sign Market Size in Central Asia

The Central Asian illuminated sign market skyrocketed to $X in 2021, growing by 42% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Illuminated Sign Production in Central Asia

In value terms, illuminated sign production soared to $X in 2021 estimated in export price. In general, production showed a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 37% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Illuminated Sign Exports

Exports in Central Asia

In 2021, illuminated sign exports in Central Asia skyrocketed to X tons, picking up by 221% on the previous year's figure. Over the period under review, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2018 with an increase of 227%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, illuminated sign exports skyrocketed to $X in 2021. In general, exports, however, showed a sharp decline. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan was the largest exporting country with an export of around X tons, which recorded 64% of total exports. It was distantly followed by Kyrgyzstan (X tons), committing a 36% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of -11.5%).

In value terms, Kazakhstan ($X) remains the largest illuminated sign supplier in Central Asia, comprising 87% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 13% share of total exports.

In Kazakhstan, illuminated sign exports shrank by an average annual rate of -22.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, picking up by 6.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 172% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, 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 ton), while Kyrgyzstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.3%).

Illuminated Sign Imports

Imports in Central Asia

In 2021, overseas purchases of illuminated signs and illuminated name-plates increased by 70% to X tons, rising for the fifth consecutive year after three years of decline. Overall, imports showed a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, illuminated sign imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the key importer of illuminated signs and illuminated name-plates in Central Asia, with the volume of imports recording X tons, which was approx. 83% of total imports in 2021. It was distantly followed by Uzbekistan (X tons), constituting a 12% share of total imports. Mongolia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to illuminated sign imports into Kazakhstan stood at +9.7%. At the same time, Uzbekistan (+66.4%) and Mongolia (+12.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +66.4% from 2012-2021. Kazakhstan (+33 p.p.) and Uzbekistan (+12 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported illuminated signs and illuminated name-plates in Central Asia, comprising 86% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 7.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan stood at +4.1%. In the other countries, the average annual rates were as follows: Uzbekistan (+38.3% per year) and Mongolia (+5.2% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, surging by 15% against the previous year. Overall, the import price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when the import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-5.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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