Central Asia: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Exports

Exports in Central Asia

In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were exported in Central Asia; with an increase of X% against 2020 figures. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, electrical circuit apparatus exports expanded remarkably to $X in 2021. Over the period under review, exports, however, saw a mild decline. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Kazakhstan (X units) represented the main exporter of electrical apparatus for circuit connection, switching and protection, creating X% of total exports. It was distantly followed by Uzbekistan (X units) and Kyrgyzstan (X units), together achieving a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the electrical apparatus for circuit connection, switching and protection exports, with a CAGR of X% from 2012 to 2021. Uzbekistan experienced a relatively flat trend pattern. Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest electrical circuit apparatus supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, electrical circuit apparatus exports expanded at an average annual rate of X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, declining by X% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

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

Electrical Circuit Apparatus Imports

Imports in Central Asia

Electrical circuit apparatus imports amounted to X units in 2021, growing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, electrical circuit apparatus imports expanded significantly to $X in 2021. Overall, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Kazakhstan (X units) and Uzbekistan (X units) prevails in imports structure, together constituting X% of total imports. It was distantly followed by Tajikistan (X units), constituting a X% share of total imports. The following importers - Turkmenistan (X units), Kyrgyzstan (X units) and Mongolia (X units) - each resulted at a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Tajikistan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

Tajikistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mongolia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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