Central Asia: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Central Asia

The Central Asian knitted shawl and scarf market contracted notably to $X in 2022, falling by -16.9% against the previous year. Overall, consumption, however, enjoyed modest growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Central Asia

In value terms, knitted shawl and scarf production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The growth pace was the most rapid in 2016 with an increase of 229%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports in Central Asia

In 2022, approx. X units of shawls, scarves and the like of knitted or crocheted textiles were exported in Central Asia; with an increase of 3,950% on 2021. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted shawl and scarf exports surged to $X in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan prevails in exports structure, reaching X units, which was approx. 96% of total exports in 2022. Uzbekistan (X units) held a little share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the shawls, scarves and the like of knitted or crocheted textiles exports, with a CAGR of +74.8% from 2012 to 2022. At the same time, Uzbekistan (+34.1%) displayed positive paces of growth. Kyrgyzstan (+8.9 p.p.) and Uzbekistan (+4 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, Kyrgyzstan ($X) emerged as the largest knitted shawl and scarf supplier in Central Asia, comprising 99% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 1.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kyrgyzstan amounted to +70.7%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, picking up by 46% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of 209% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.1%).

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports in Central Asia

After three years of growth, supplies from abroad of shawls, scarves and the like of knitted or crocheted textiles decreased by -64% to X units in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 233%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, knitted shawl and scarf imports shrank sharply to $X in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by 185%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan was the key importing country with an import of about X units, which reached 41% of total imports. Tajikistan (X units) took the second position in the ranking, followed by Turkmenistan (X units) and Kyrgyzstan (X units). All these countries together held near 54% share of total imports. Uzbekistan (X units) and Mongolia (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mongolia (with a CAGR of +13.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Tajikistan ($X), Kazakhstan ($X) and Turkmenistan ($X) constituted the countries with the highest levels of imports in 2022, together comprising 93% of total imports.

In terms of the main importing countries, Tajikistan, with a CAGR of +16.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, dropping by -24.6% against the previous year. Overall, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 71%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then dropped markedly in the following year.

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 Tajikistan ($X per unit), while Uzbekistan ($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 (+24.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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