Central Asia: Market for Instruments for Measuring Electrical Quantities 2025

Market Size for Instruments for Measuring Electrical Quantities in Central Asia

The Central Asian market for instruments for measuring electrical quantities surged to $X in 2021, picking up by 18% against the previous year. Overall, consumption continues to indicate a slight increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Instruments for Measuring Electrical Quantities in Central Asia

In value terms, instruments for measuring electrical quantities production fell to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by 24% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Instruments for Measuring Electrical Quantities

Exports in Central Asia

Instruments for measuring electrical quantities exports expanded sharply to X units in 2021, growing by 8.3% against 2020. Over the period under review, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 when exports increased by 64%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, instruments for measuring electrical quantities exports surged to $X in 2021. In general, exports, however, continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2017 when exports increased by 109% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kazakhstan (X units) was the key exporter of instruments for measuring electrical quantities, constituting 64% of total exports. It was distantly followed by Kyrgyzstan (X units) and Uzbekistan (X units), together mixing up a 33% share of total exports. Mongolia (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to instruments for measuring electrical quantities exports from Kazakhstan stood at -33.7%. At the same time, Uzbekistan (+176.0%), Kyrgyzstan (+137.2%) and Mongolia (+43.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +176.0% from 2012-2021. From 2012 to 2021, the share of Kyrgyzstan, Uzbekistan and Mongolia increased by +23, +9.9 and +2.7 percentage points, respectively.

In value terms, Kyrgyzstan ($X) emerged as the largest instruments for measuring electrical quantities supplier in Central Asia, comprising 69% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 14% share of total exports. It was followed by Kazakhstan, with a 13% share.

In Kyrgyzstan, instruments for measuring electrical quantities exports expanded at an average annual rate of +100.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mongolia (+28.3% per year) and Kazakhstan (-41.2% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, picking up by 33% against the previous year. Overall, the export price showed a prominent expansion. The growth pace was the most rapid in 2019 when the export price increased by 217% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Mongolia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.4%), while the other leaders experienced a decline in the export price figures.

Imports of Instruments for Measuring Electrical Quantities

Imports in Central Asia

In 2021, approx. X units of instruments for measuring electrical quantities were imported in Central Asia; growing by 38% on 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 81% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, instruments for measuring electrical quantities imports soared to $X in 2021. Overall, imports posted measured growth. The pace of growth was the most pronounced in 2019 when imports increased by 71%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

Kazakhstan represented the major importer of instruments for measuring electrical quantities in Central Asia, with the volume of imports amounting to X units, which was approx. 75% of total imports in 2021. Turkmenistan (X units) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (8%). The following importers - Tajikistan (X units) and Kyrgyzstan (X units) - each accounted for a 4% share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of instruments for measuring electrical quantities. At the same time, Uzbekistan (+45.2%), Tajikistan (+30.8%) and Kyrgyzstan (+20.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +45.2% from 2012-2021. By contrast, Turkmenistan (-5.1%) illustrated a downward trend over the same period. While the share of Uzbekistan (+8 p.p.), Tajikistan (+1.9 p.p.) and Kyrgyzstan (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-3.2 p.p.) and Turkmenistan (-7.5 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported instruments for measuring electrical quantities in Central Asia, comprising 68% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 21% share of total imports. It was followed by Tajikistan, with a 2.9% share.

In Kazakhstan, instruments for measuring electrical quantities imports increased at an average annual rate of +2.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+19.3% per year) and Tajikistan (+30.5% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, growing by 5.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 when the import price increased by 37%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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