Central Asia: Women Knitwear Market 2025

Women Knitwear Market Size in Central Asia

The Central Asian women knitwear market rose sharply to $X in 2022, with an increase of 7.1% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Women Knitwear Production in Central Asia

In value terms, women knitwear production rose significantly to $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 85%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Women Knitwear Exports

Exports in Central Asia

For the fourth year in a row, Central Asia recorded growth in overseas shipments of women's or girls' clothing (knitted or crocheted), which increased by 38% to X units in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of 1,249% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, women knitwear exports skyrocketed to $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 392% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan prevails in exports structure, amounting to X units, which was near 91% of total exports in 2022. It was distantly followed by Kyrgyzstan (X units), generating an 8.6% share of total exports.

Uzbekistan was also the fastest-growing in terms of the women's or girls' clothing (knitted or crocheted) exports, with a CAGR of +15.1% from 2012 to 2022. At the same time, Kyrgyzstan (+6.0%) displayed positive paces of growth. While the share of Uzbekistan (+91 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (-87.5 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest women knitwear supplier in Central Asia, comprising 80% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan stood at +15.8%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, reducing by -9.2% against the previous year. In general, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 when the export price increased by 223%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+3.0%).

Women Knitwear Imports

Imports in Central Asia

In 2022, supplies from abroad of women's or girls' clothing (knitted or crocheted) increased by 63% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 78%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, women knitwear imports skyrocketed to $X in 2022. Overall, imports, however, showed a deep slump. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Kyrgyzstan represented the major importing country with an import of around X units, which reached 54% of total imports. Kazakhstan (X units) took the second position in the ranking, distantly followed by Tajikistan (X units). All these countries together took near 38% share of total imports. The following importers - Turkmenistan (X units), Mongolia (X units) and Uzbekistan (X units) - together made up 7.9% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kyrgyzstan (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Tajikistan ($X) were the countries with the highest levels of imports in 2022, together accounting for 93% of total imports.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of +16.1%, saw the highest growth rate of 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, rising by 21% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 36% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while Kyrgyzstan ($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 (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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