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Report Central Asia - Timers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Timers - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Timer Market 2024

Timer Market Size in Central Asia

The Central Asian timer market contracted significantly to $X in 2022, reducing by -19.5% against the previous year. Over the period under review, consumption, however, posted significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Timer Production in Central Asia

In value terms, timer production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a modest expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 35%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Timer Exports

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of timers, when their volume decreased by -95% to X units. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 820%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, timer exports declined rapidly to $X in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2014 with an increase of 1,717%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of timers, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the timers exports, with a CAGR of -10.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In Kazakhstan, timer exports increased at an average annual rate of +9.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, growing by 745% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2015 an increase of 1,903% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

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 +22.6% per year.

Timer Imports

Imports in Central Asia

In 2022, the amount of timers imported in Central Asia reduced markedly to X units, with a decrease of -35.1% on 2021. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 when imports increased by 212% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, timer imports expanded slightly to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of 200%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) was the key importer of timers, mixing up 74% of total imports. Mongolia (X units) held the second position in the ranking, followed by Turkmenistan (X units) and Uzbekistan (X units). All these countries together took near 26% share of total imports.

Kazakhstan was also the fastest-growing in terms of the timers imports, with a CAGR of +29.0% from 2012 to 2022. At the same time, Mongolia (+29.0%), Uzbekistan (+22.4%) and Turkmenistan (+20.4%) displayed positive paces of growth. Uzbekistan (+6 p.p.) and Kazakhstan (+5.9 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -6.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported timers in Central Asia, comprising 66% of total imports. The second position in the ranking was held by Mongolia ($X), with a 24% share of total imports. It was followed by Turkmenistan, with a 6.6% share.

In Kazakhstan, timer imports expanded at an average annual rate of +20.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+31.7% per year) and Turkmenistan (+13.5% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, jumping by 61% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per unit), while Uzbekistan ($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 (+34.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Uzbekistan constituted the country with the largest volume of timer consumption, accounting for 89% of total volume. Moreover, timer consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kyrgyzstan, eightfold.
Uzbekistan remains the largest timer producing country in Central Asia, accounting for 72% of total volume. Moreover, timer production in Uzbekistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan, threefold.
In value terms, Kyrgyzstan $533) remains the largest timer supplier in Central Asia, comprising 62% of total exports. The second position in the ranking was occupied by Mongolia $184), with a 21% share of total exports.
In value terms, Uzbekistan constitutes the largest market for imported timers in Central Asia.
The export price in Central Asia stood at $96 per unit in 2021, flattening at the previous year.
The import price in Central Asia stood at $1.3 per unit in 2021, reducing by -98.5% against the previous year.

This report provides an in-depth analysis of the timer 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 26522810 - Time-registers and time-recorders

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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