Central Asia: Aluminium Bar Market 2024

Aluminium Bar Market Size in Central Asia

For the fourth consecutive year, the Central Asian aluminium bar market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate resilient growth. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Aluminium Bar Production in Central Asia

In value terms, aluminium bar production rose to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Aluminium Bar Exports

Exports in Central Asia

In 2022, aluminium bar exports in Central Asia soared to X tons, growing by X% on 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, aluminium bar exports soared to $X in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2016 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Kazakhstan (X tons), Uzbekistan (X tons) and Tajikistan (X tons) was the major exporter of aluminium bars, rods and profiles in Central Asia, creating X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Tajikistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar supplying countries in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), together comprising X% of total exports.

Among the main exporting countries, Tajikistan, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the export price in Central Asia amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Tajikistan ($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 mixed trends in the export price figures.

Aluminium Bar Imports

Imports in Central Asia

In 2022, the amount of aluminium bars, rods and profiles imported in Central Asia rose slightly to X tons, surging by X% compared with the previous year. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, aluminium bar imports soared to $X in 2022. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) represented the largest importers of aluminium bars, rods and profiles in 2022, recording approx. X% and X% of total imports, respectively. It was distantly followed by Turkmenistan (X tons) and Kyrgyzstan (X tons), together making up a X% share of total imports. The following importers - Mongolia (X tons) and Tajikistan (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), together comprising X% of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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