Central Asia: Metal Tubular Rivet Market 2024

Metal Tubular Rivet Market Size in Central Asia

The Central Asian metal tubular rivet market totaled $X in 2022, increasing by X% against the previous year. The total consumption indicated a tangible expansion 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 decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Metal Tubular Rivet Production in Central Asia

In value terms, metal tubular rivet production rose to $X in 2022 estimated in export price. The total production indicated a pronounced increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Metal Tubular Rivet Exports

Exports in Central Asia

For the third year in a row, Central Asia recorded growth in shipments abroad of base metal tubular or bifurcated rivets, which increased by X% to X tons in 2022. Overall, exports recorded a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, metal tubular rivet exports soared to $X in 2022. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Kazakhstan (X tons) represented roughly X% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the base metal tubular or bifurcated rivets exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest metal tubular rivet supplier in Central Asia.

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

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

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

Metal Tubular Rivet Imports

Imports in Central Asia

In 2022, the amount of base metal tubular or bifurcated rivets imported in Central Asia rose notably to X tons, surging by X% against 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, metal tubular rivet imports soared to $X in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates imports structure, together achieving X% of total imports. It was distantly followed by Kyrgyzstan (X tons), mixing up a X% share of total imports. Turkmenistan (X tons) held a relatively small share of total imports.

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

In value terms, Kazakhstan ($X) constitutes the largest market for imported base metal tubular or bifurcated rivets in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

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

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. In general, the import price showed a perceptible increase. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($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 import price figures.

Source: IndexBox Platform

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