Central Asia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Central Asia

In 2022, after two years of growth, there was significant decline in the Central Asian wood chips and particles market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed a significant increase. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Production of Wood Chips And Particles in Central Asia

In value terms, wood chips and particles production surged to $X in 2022 estimated in export price. Overall, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Wood Chips And Particles

Exports in Central Asia

In 2022, exports of wood chips and particles in Central Asia dropped to X cubic meters, waning by X% against 2021 figures. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X cubic meters. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood chips and particles exports contracted sharply to $X in 2022. Over the period under review, exports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

Kazakhstan was also the fastest-growing in terms of the wood chips and particles 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 wood chips and particles supplier in Central Asia.

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

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per cubic meter, waning by X% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a 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.

Imports of Wood Chips And Particles

Imports in Central Asia

In 2022, imports of wood chips and particles in Central Asia skyrocketed to X cubic meters, rising by X% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood chips and particles imports skyrocketed to $X in 2022. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 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 was the largest importer of wood chips and particles in Central Asia, with the volume of imports resulting at X cubic meters, which was approx. X% of total imports in 2022. Uzbekistan (X cubic meters) took the second position in the ranking, followed by Kyrgyzstan (X cubic meters). All these countries together held near X% share of total imports. The following importers - Tajikistan (X cubic meters) and Turkmenistan (X cubic meters) - together made up X% of total imports.

Imports into Kazakhstan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Tajikistan (X%), Uzbekistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood chips and particles importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), with a combined X% share of total imports.

Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 cubic meter in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per cubic meter, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Kazakhstan ($X per cubic meter) 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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