Central Asia: Invalid Carriage Market 2024

Invalid Carriage Market Size in Central Asia

The Central Asian invalid carriage market expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Invalid Carriage Production in Central Asia

In value terms, invalid carriage production expanded markedly to $X in 2022 estimated in export price. In general, production, however, recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Invalid Carriage Exports

Exports in Central Asia

For the third consecutive year, Central Asia recorded growth in shipments abroad of invalid carriages not mechanically propelled, which increased by X% to X units in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, invalid carriage exports soared to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Kazakhstan (X units) was the largest exporter of invalid carriages not mechanically propelled, mixing up X% of total exports. It was distantly followed by Kyrgyzstan (X units), constituting a X% share of total exports. Uzbekistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest invalid carriage supplying countries in Central Asia were Kyrgyzstan ($X), Kazakhstan ($X) and Uzbekistan ($X).

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Invalid Carriage Imports

Imports in Central Asia

In 2022, the amount of invalid carriages not mechanically propelled imported in Central Asia surged to X units, jumping by X% compared with the year before. Over the period under review, imports enjoyed buoyant growth. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, invalid carriage imports skyrocketed to $X in 2022. Overall, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2022. Mongolia (X units) took the second position in the ranking, followed by Uzbekistan (X units). All these countries together took near X% share of total imports. Tajikistan (X units), Kyrgyzstan (X units) and Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to invalid carriage imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Kyrgyzstan experienced a relatively flat trend pattern. By contrast, Mongolia (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Uzbekistan (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan and Mongolia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported invalid carriages not mechanically propelled in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkmenistan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum 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 Turkmenistan ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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