Central Asia: Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size in Central Asia

The Central Asian aluminium alloy wire market declined to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aluminium Alloy Wire Production in Central Asia

In value terms, aluminium alloy wire production fell slightly to $X in 2022 estimated in export price. Overall, production showed a noticeable curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Aluminium Alloy Wire Exports

Exports in Central Asia

In 2022, aluminium alloy wire exports in Central Asia skyrocketed to X tons, with an increase of X% compared with the previous year. Over the period under review, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium alloy wire exports surged to $X in 2022. In general, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Tajikistan (X tons) represented the key exporter of aluminium alloy wire, mixing up X% of total exports. It was distantly followed by Kazakhstan (X tons), comprising a X% share of total exports.

Tajikistan was also the fastest-growing in terms of the aluminium alloy wire exports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. From 2012 to 2022, the share of Tajikistan increased by X percentage points.

In value terms, Tajikistan ($X) remains the largest aluminium alloy wire supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Tajikistan, aluminium alloy wire exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Aluminium Alloy Wire Imports

Imports in Central Asia

Aluminium alloy wire imports shrank to X tons in 2022, reducing by X% compared with 2021 figures. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aluminium alloy wire imports rose modestly to $X in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the main importing country with an import of around X tons, which accounted for X% of total imports. Mongolia (X tons) ranks second in terms of the total imports with an X% share, followed by Kyrgyzstan (X%), Uzbekistan (X%) and Tajikistan (X%).

From 2012 to 2022, average annual rates of growth with regard to aluminium alloy wire imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%) and Uzbekistan (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. By contrast, Kyrgyzstan (X%) and Mongolia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Tajikistan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported aluminium alloy wire in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Kazakhstan, aluminium alloy wire imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tajikistan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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