Central Asia: Market for Copper Tubes, Pipes And Fitting 2024

Market Size for Copper Tubes, Pipes And Fitting in Central Asia

In 2023, the Central Asian copper pipe and fitting market decreased by X% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption recorded a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Copper Tubes, Pipes And Fitting in Central Asia

In value terms, copper pipe and fitting production reached $X in 2023 estimated in export price. Overall, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports in Central Asia

For the fifth year in a row, Central Asia recorded growth in shipments abroad of copper tubes, pipes and fitting, which increased by X% to X tons in 2023. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, copper pipe and fitting exports surged to $X in 2023. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

The shipments of the one major exporters of copper tubes, pipes and fitting, namely Uzbekistan, represented more than two-thirds of total export.

Uzbekistan was also the fastest-growing in terms of the copper tubes, pipes and fitting exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, 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) also remains the largest copper pipe and fitting supplier in Central Asia.

In Uzbekistan, copper pipe and fitting exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, 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 Uzbekistan.

From 2012 to 2023, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Imports of Copper Tubes, Pipes And Fitting

Imports in Central Asia

In 2023, supplies from abroad of copper tubes, pipes and fitting increased by X% to X tons, rising for the seventh consecutive year after two years of decline. Total imports indicated a pronounced expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see gradual growth in years to come.

In value terms, copper pipe and fitting imports rose significantly to $X in 2023. Over the period under review, imports saw a buoyant 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 2023 and are expected to retain growth in the near future.

Imports by Country

Kazakhstan represented the major importer of copper tubes, pipes and fitting in Central Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2023. Uzbekistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (X%) and Kyrgyzstan (X%). Mongolia (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. Turkmenistan experienced a relatively flat trend pattern. By contrast, Mongolia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Turkmenistan (X p.p.), Mongolia (X p.p.) and Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported copper tubes, pipes and fitting in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Kazakhstan, copper pipe and fitting imports increased at an average annual rate of X% over the period from 2012-2023. 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 2023, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven-year period, 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% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to see steady growth in the immediate term.

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

From 2012 to 2023, 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