Central Asia: Aluminium Market 2024

Aluminium Market Size in Central Asia

In 2022, the Central Asian aluminium market increased by X% to $X, rising for the fifth consecutive year after three years of decline. The total consumption indicated buoyant growth from 2012 to 2022: its value 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, consumption increased by X% against 2017 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Aluminium Production in Central Asia

In value terms, aluminium production shrank modestly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Exports

Exports in Central Asia

In 2022, shipments abroad of aluminum (unwrought, not alloyed) decreased by X% to X tons, falling for the third year in a row after five years of growth. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aluminium exports rose modestly to $X in 2022. Overall, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked 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 main exporter of aluminum (unwrought, not alloyed), mixing up X% of total exports. It was distantly followed by Tajikistan (X tons), constituting an X% share of total exports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of aluminum (unwrought, not alloyed). Tajikistan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan saw its share reduced by X% from 2012 to 2022, respectively.

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

In Kazakhstan, aluminium exports increased 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, with an increase of X% against the previous year. Export price indicated temperate growth 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 export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

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 amounted to $X per ton.

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

Aluminium Imports

Imports in Central Asia

In 2022, supplies from abroad of aluminum (unwrought, not alloyed) decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, aluminium imports contracted slightly to $X in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

The purchases of the one major importers of aluminum (unwrought, not alloyed), namely Uzbekistan, represented more than two-thirds of total import.

Uzbekistan was also the fastest-growing in terms of the aluminum (unwrought, not alloyed) imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Uzbekistan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported aluminum (unwrought, not alloyed) in Central Asia.

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

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price saw prominent growth. The pace of growth was the most pronounced in 2014 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Source: IndexBox Platform

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