Central Asia: Diagnostic Equipment Market 2024

Diagnostic Equipment Market Size in Central Asia

The Central Asian diagnostic equipment market rose remarkably to $X in 2023, picking up by X% against the previous year. The total consumption indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Diagnostic Equipment Production in Central Asia

In value terms, diagnostic equipment production totaled $X in 2023 estimated in export price. In general, production enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Diagnostic Equipment Exports

Exports in Central Asia

In 2023, the amount of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus exported in Central Asia shrank sharply to X units, with a decrease of X% compared with the year before. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, diagnostic equipment exports reduced modestly to $X in 2023. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Kazakhstan dominates exports structure, accounting for X units, which was approx. X% of total exports in 2023. Mongolia (X units) ranks second in terms of the total exports with a X% share, followed by Turkmenistan (X%) and Uzbekistan (X%). Kyrgyzstan (X units) took a minor share of total exports.

Exports from Kazakhstan decreased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Turkmenistan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. Mongolia (X p.p.), Uzbekistan (X p.p.) and Turkmenistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan and Kazakhstan saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the largest diagnostic equipment supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per unit, rising by X% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Diagnostic Equipment Imports

Imports in Central Asia

In 2023, supplies from abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Overall, imports showed a temperate expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, diagnostic equipment imports surged to $X in 2023. Over the period under review, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan dominates imports structure, resulting at X units, which was approx. X% of total imports in 2023. It was distantly followed by Mongolia (X units), Uzbekistan (X units) and Turkmenistan (X units), together mixing up a X% share of total imports. The following importers - Kyrgyzstan (X units) and Tajikistan (X units) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to diagnostic equipment imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%), Turkmenistan (X%), Mongolia (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan 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 Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest diagnostic equipment importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to 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 2023, shrinking by X% against the previous year. Overall, the import price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform