Central Asia: Market for Mathematical instruments and equipment; n.e.s. in heading no. 9017 2024

Market Size for Mathematical instruments and equipment; n.e.s. in heading no. 9017 in Central Asia

In 2023, the Central Asian market for mathematical instruments and equipment; n.e.s. in heading no. Xs increased by X% to $X, rising for the seventh year in a row after two years of decline. Overall, consumption, however, continues to indicate a resilient expansion. The level of consumption peaked in 2023 and is likely to see steady growth in the near future.

Production of Mathematical instruments and equipment; n.e.s. in heading no. X in Central Asia

In value terms, production of mathematical instruments and equipment; n.e.s. in heading no. Xs reduced rapidly to $X in 2023 estimated in export price. Over the period under review, production showed a significant curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Exports in Central Asia

For the fourth consecutive year, Central Asia recorded growth in overseas shipments of mathematical instruments and equipment; n.e.s. in heading no. Xs, which increased by X% to X units in 2023. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mathematical instruments and equipment; n.e.s. in heading no. Xs skyrocketed to $X in 2023. In general, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

In 2023, Uzbekistan (X units) was the major exporter of mathematical instruments and equipment; n.e.s. in heading no. Xs, making up X% of total exports. It was distantly followed by Kazakhstan (X units), committing a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the mathematical instruments and equipment; n.e.s. in heading no. Xs exports, with a CAGR of X% from 2012 to 2023. At the same time, Kazakhstan (X%) displayed positive paces of growth. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Kazakhstan ($X) remains the largest mathematical instruments and equipment; n.e.s. in heading no. X supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Kazakhstan stood at X%.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at less than $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Imports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Imports in Central Asia

In 2023, after three years of growth, there was significant decline in overseas purchases of mathematical instruments and equipment; n.e.s. in heading no. Xs, when their volume decreased by X% to X units. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of mathematical instruments and equipment; n.e.s. in heading no. Xs rose significantly to $X in 2023. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in years to come.

Imports by Country

Kazakhstan prevails in Xs structure, recording X units, which was approx. X% of total imports in 2023. It was distantly followed by Turkmenistan (X units), making up an X% share of total imports. Mongolia (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to mathematical instruments and equipment; n.e.s. in heading no. X imports into Kazakhstan stood at X%. At the same time, Turkmenistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Turkmenistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported mathematical instruments and equipment; n.e.s. in heading no. Xs in Central Asia, comprising X% of total imports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkmenistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per unit), while Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform