Central Asia: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Central Asia

For the seventh consecutive year, the Central Asian aluminium and titanium market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption saw strong growth. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Aluminium And Titanium Production in Central Asia

In value terms, aluminium and titanium production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a deep slump. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium And Titanium Exports

Exports in Central Asia

In 2022, shipments abroad of aluminium and titanium decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aluminium and titanium exports reached $X in 2022. Over the period under review, exports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) was the major exporter of aluminium and titanium, mixing up X% of total exports. It was distantly followed by Tajikistan (X tons), generating a X% share of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of aluminium and titanium. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Tajikistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, 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.

Aluminium And Titanium Imports

Imports in Central Asia

In 2022, purchases abroad of aluminium and titanium decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, aluminium and titanium imports expanded markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Uzbekistan prevails in imports structure, amounting to X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the aluminium and titanium imports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported aluminium and titanium in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

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