Central Asia: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Central Asia

In 2021, the Central Asian electric filament lamp market decreased by -6.4% to $X, falling for the seventh consecutive year after three years of growth. Over the period under review, consumption recorded a noticeable descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Electric Filament Lamp Production in Central Asia

In value terms, electric filament lamp production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep slump. The growth pace was the most rapid in 2013 with an increase of 40%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Electric Filament Lamp Exports

Exports in Central Asia

In 2021, overseas shipments of electric filament lamps were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by 107,761% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, electric filament lamp exports dropped to $X in 2021. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 46,409% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of electric filament lamps, namely Kyrgyzstan, represented more than two-thirds of total export.

Kyrgyzstan was also the fastest-growing in terms of the electric filament lamps exports, with a CAGR of -9.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) also remains the largest electric filament lamp supplier in Central Asia.

From 2012 to 2021, the average annual growth rate of value in Kyrgyzstan stood at -18.3%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, which is down by -50.8% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 103% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -10.2% per year.

Electric Filament Lamp Imports

Imports in Central Asia

In 2021, purchases abroad of electric filament lamps increased by 29% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electric filament lamp imports rose markedly to $X in 2021. Overall, imports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2017 when imports increased by 54%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan was the largest importer of electric filament lamps in Central Asia, with the volume of imports recording X units, which was approx. 55% of total imports in 2021. It was distantly followed by Turkmenistan (X units), Kyrgyzstan (X units) and Uzbekistan (X units), together achieving a 42% share of total imports. Mongolia (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +29.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electric filament lamps in Central Asia, comprising 60% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a 23% share of total imports. It was followed by Uzbekistan, with an 11% share.

In Kazakhstan, electric filament lamp imports shrank by an average annual rate of -4.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Turkmenistan (-6.3% per year) and Uzbekistan (+32.6% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, waning by -12.1% against the previous year. Import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric filament lamp import price decreased by -34.8% against 2018 indices. The pace of growth was the most pronounced in 2017 when the import price increased by 33% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 Uzbekistan ($X per unit), while Kyrgyzstan (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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