Central Asia: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Central Asia

In 2021, after two years of decline, there was growth in the Central Asian lamp plastic parts market, when its value increased by 4.3% to $X. Over the period under review, consumption, however, saw a abrupt curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Production in Central Asia

In value terms, lamp plastic parts production reached $X in 2021 estimated in export price. Overall, production continues to indicate a deep slump. The pace of growth was the most pronounced in 2016 when the production volume increased by 26% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports in Central Asia

In 2021, exports of plastic parts for lamps and lighting fittings in Central Asia skyrocketed to X tons, growing by 58% compared with 2020. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 437%. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, lamp plastic parts exports rose significantly to $X in 2021. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 311%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan dominates exports structure, amounting to X tons, which was approx. 95% of total exports in 2021. Kyrgyzstan (X kg) and Uzbekistan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the plastic parts for lamps and lighting fittings exports, with a CAGR of +63.0% from 2012 to 2021. Kyrgyzstan (-4.0%) and Uzbekistan (-12.9%) illustrated a downward trend over the same period. While the share of Kazakhstan (+80 p.p.) and Uzbekistan (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-59.9 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest lamp plastic parts supplier in Central Asia, comprising 91% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 7.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to +52.6%. In the other countries, the average annual rates were as follows: Kyrgyzstan (+1.5% per year) and Uzbekistan (-19.9% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, dropping by -27.9% against the previous year. In general, the export price saw a noticeable slump. The growth pace was the most rapid in 2014 an increase of 45%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+5.8%), while the other leaders experienced a decline in the export price figures.

Lamp Plastic Parts Imports

Imports in Central Asia

In 2021, approx. X tons of plastic parts for lamps and lighting fittings were imported in Central Asia; picking up by 25% compared with the previous year. Overall, imports showed a mild expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 280%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, lamp plastic parts imports expanded significantly to $X in 2021. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by 620%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan prevails in imports structure, reaching X tons, which was near 81% of total imports in 2021. Kyrgyzstan (X tons) took the second position in the ranking, followed by Tajikistan (X tons) and Turkmenistan (X tons). All these countries together took approx. 16% share of total imports. Uzbekistan (X tons) took a relatively small share of total imports.

Imports into Kazakhstan increased at an average annual rate of +29.7% from 2012 to 2021. At the same time, Uzbekistan (+39.1%), Kyrgyzstan (+38.5%) and Turkmenistan (+24.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +39.1% from 2012-2021. By contrast, Tajikistan (-26.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan increased by +73, +5.4, +4 and +2.3 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported plastic parts for lamps and lighting fittings in Central Asia, comprising 72% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a 10% share of total imports. It was followed by Kyrgyzstan, with a 7.2% share.

In Kazakhstan, lamp plastic parts imports increased at an average annual rate of +27.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Tajikistan (-15.3% per year) and Kyrgyzstan (+49.4% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, declining by -13% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 89% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+14.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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