Central Asia's Compass Market Slumps in 2024 Despite Rising Value
The stock market today in Central Asia experienced a significant downturn in 2024. Both imports and exports plummeted, with exports hitting a three-year low.
The market value, however, increased at an average annual rate of X% from 2012 to 2024, reaching $X in 2024. This growth was despite a deep slump in exports, which decreased by X% to X units in 2024. The export price also dropped by X% to $X per unit.
Kazakhstan and Kyrgyzstan were the primary exporters, accounting for over two-thirds of total exports. Meanwhile, imports shrank to X units, with Kazakhstan being the largest importer, holding a X% share.
Despite the overall market value increase, the stock market today in Central Asia faced a challenging year in 2024, with exports and imports both declining significantly. The export price also decreased, indicating a potential softening in demand.
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