Central Asia - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCentral Asia: Spark Plug Market 2024
Spark Plug Exports
Exports in Central Asia
In 2022, shipments abroad of sparking plugs increased by 298% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 434% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.
In value terms, spark plug exports surged to $X in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Kazakhstan dominates exports structure, recording X units, which was approx. 91% of total exports in 2022. It was distantly followed by Uzbekistan (X units), creating a 7.7% share of total exports.
Exports from Kazakhstan increased at an average annual rate of +44.1% from 2012 to 2022. At the same time, Uzbekistan (+58.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +58.2% from 2012-2022. From 2012 to 2022, the share of Uzbekistan increased by +7.7 percentage points.
In value terms, Kazakhstan ($X) remains the largest spark plug supplier in Central Asia, comprising 78% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 14% share of total exports.
From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at +46.8%.
Export Prices by Country
The export price in Central Asia stood at $X per unit in 2022, growing by 2.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 561% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.9%).
Spark Plug Imports
Imports in Central Asia
In 2022, imports of sparking plugs in Central Asia surged to X units, rising by 37% compared with the year before. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by 95% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, spark plug imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 57%. The level of import peaked in 2022 and is likely to see steady growth in years to come.
Imports by Country
Uzbekistan represented the largest importing country with an import of around X units, which recorded 60% of total imports. Kazakhstan (X units) held a 29% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (5.2%). Tajikistan (X units) followed a long way behind the leaders.
Uzbekistan was also the fastest-growing in terms of the sparking plugs imports, with a CAGR of +18.0% from 2012 to 2022. At the same time, Kyrgyzstan (+11.7%), Tajikistan (+2.1%) and Kazakhstan (+1.3%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan increased by +60 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) constitutes the largest market for imported sparking plugs in Central Asia, comprising 70% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 22% share of total imports. It was followed by Kyrgyzstan, with a 3.9% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to +11.0%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+35.2% per year) and Kyrgyzstan (+16.2% per year).
Import Prices by Country
The import price in Central Asia stood at $X per unit in 2022, approximately reflecting the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spark plug import price increased by +54.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 53%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while 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 (+14.5%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the spark plug market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312130 - Sparking plugs
Country coverage:
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Central Asia, split by region and country
- Trade (exports and imports) in Central Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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