Central Asia: Loudspeaker Market 2025

Loudspeaker Market Size in Central Asia

The Central Asian loudspeaker market declined to $X in 2022, which is down by -5.1% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -16.2% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Loudspeaker Production in Central Asia

In value terms, loudspeaker production declined modestly to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -13.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Loudspeaker Exports

Exports in Central Asia

In 2022, the amount of loudspeakers exported in Central Asia surged to X units, picking up by 813% compared with 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 3,066% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, loudspeaker exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X units) represented roughly 99% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the loudspeakers exports, with a CAGR of +62.2% from 2012 to 2022. Kazakhstan (+25 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to +72.4%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, increasing by 192% against the previous year. Over the period under review, the export price saw a tangible increase. The pace of growth was the most pronounced in 2014 when the export price increased by 792%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +6.3% per year.

Loudspeaker Imports

Imports in Central Asia

In 2022, approx. X units of loudspeakers were imported in Central Asia; with a decrease of -26.8% on the previous year's figure. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 258% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, loudspeaker imports reduced rapidly to $X in 2022. Over the period under review, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by 157%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan was the main importing country with an import of about X units, which amounted to 60% of total imports. Uzbekistan (X units) held the second position in the ranking, distantly followed by Kyrgyzstan (X units). All these countries together held near 35% share of total imports. Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tajikistan (with a CAGR of +23.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported loudspeakers in Central Asia, comprising 74% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 17% share of total imports. It was followed by Tajikistan, with a 2.6% share.

In Kazakhstan, loudspeaker imports increased at an average annual rate of +8.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+19.7% per year) and Tajikistan (+16.5% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, increasing by 13% against the previous year. Over the period under review, the import price, however, saw a slight descent. The growth pace was the most rapid in 2014 an increase of 32% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($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 (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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