Central Asia: Optical Telescope Market 2024

Optical Telescope Market Size in Central Asia

In 2021, the Central Asian optical telescope market decreased by -2.7% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Optical Telescope Production in Central Asia

In value terms, optical telescope production contracted to $X in 2021 estimated in export price. In general, production showed a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 27% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Optical Telescope Exports

Exports in Central Asia

In 2021, the amount of optical telescopes exported in Central Asia fell rapidly to X units, which is down by -75.5% against 2020 figures. In general, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2013 when exports increased by 1,271%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, optical telescope exports plummeted to $X in 2021. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 2,330% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, reaching X units, which was near 92% of total exports in 2021. It was distantly followed by Kyrgyzstan (X units), creating a 6.8% share of total exports. Mongolia (X units) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to optical telescope exports from Kazakhstan stood at -27.1%. At the same time, Kyrgyzstan (+26.0%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +26.0% from 2012-2021. Mongolia experienced a relatively flat trend pattern. From 2012 to 2021, the share of Kazakhstan, Kyrgyzstan and Mongolia increased by +15, +6.8 and +1.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) emerged as the largest optical telescope supplier in Central Asia, comprising 96% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 4.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to -8.5%. In the other countries, the average annual rates were as follows: Kyrgyzstan (+114.5% per year) and Mongolia (+41.4% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, increasing by 56% against the previous year. In general, the export price posted a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 108% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+70.3%), while the other leaders experienced more modest paces of growth.

Optical Telescope Imports

Imports in Central Asia

In 2021, purchases abroad of optical telescopes decreased by -41.1% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 217%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, optical telescope imports rose markedly to $X in 2021. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by 108% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan represented the key importing country with an import of about X units, which finished at 66% of total imports. Mongolia (X units) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (6.2%) and Kyrgyzstan (5.1%). The following importers - Uzbekistan (X units) and Tajikistan (X units) - each amounted to a 4% share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -12.2% from 2012 to 2021. At the same time, Mongolia (+36.9%) and Tajikistan (+1.7%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +36.9% from 2012-2021. By contrast, Turkmenistan (-14.7%), Kyrgyzstan (-23.5%) and Uzbekistan (-26.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mongolia and Uzbekistan increased by +18 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported optical telescopes in Central Asia, comprising 49% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 19% share of total imports. It was followed by Turkmenistan, with a 13% share.

In Kazakhstan, optical telescope imports shrank by an average annual rate of -15.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+24.0% per year) and Turkmenistan (-12.1% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, with an increase of 81% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 177%. As a result, import price reached the peak level of $X per unit. From 2017 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 ($X per unit), while Kazakhstan ($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 (+98.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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