Central Asia: Bar Draw-Bench Market 2024

Bar Draw-Bench Market Size in Central Asia

In 2023, after two years of growth, there was significant decline in the Central Asian bar draw-bench market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed resilient growth. The level of consumption peaked at $X in 2022, and then fell markedly in the following year.

Bar Draw-Bench Production in Central Asia

In value terms, bar draw-bench production declined modestly to $X in 2023 estimated in export price. The total production indicated modest growth from 2012 to 2023: its value 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, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Bar Draw-Bench Exports

Exports in Central Asia

In 2023, after two years of growth, there was significant decline in shipments abroad of draw-benches for bars, tubes, profiles, wire or the like, when their volume decreased by X% to X units. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked at X units in 2022, and then declined notably in the following year.

In value terms, bar draw-bench exports contracted dramatically to $X in 2023. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

In 2023, Uzbekistan (X units) represented the largest exporter of draw-benches for bars, tubes, profiles, wire or the like, committing X% of total exports. Tajikistan (X units) took the second position in the ranking, distantly followed by Kazakhstan (X units). All these countries together took near X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the draw-benches for bars, tubes, profiles, wire or the like exports, with a CAGR of X% from 2012 to 2023. At the same time, Tajikistan (X%) and Kazakhstan (X%) displayed positive paces of growth. From 2012 to 2023, the share of Uzbekistan and Tajikistan increased by X and X percentage points, respectively.

In value terms, the largest bar draw-bench supplying countries in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X).

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports in Central Asia

In 2023, imports of draw-benches for bars, tubes, profiles, wire or the like in Central Asia declined markedly to X units, falling by X% compared with the year before. Over the period under review, imports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, bar draw-bench imports declined rapidly to $X in 2023. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted markedly in the following year.

Imports by Country

Uzbekistan was the largest importer of draw-benches for bars, tubes, profiles, wire or the like in Central Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2023. It was distantly followed by Kazakhstan (X units), Kyrgyzstan (X units) and Tajikistan (X units), together comprising a X% share of total imports. Mongolia (X units) and Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to bar draw-bench imports into Uzbekistan stood at X%. At the same time, Tajikistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Kazakhstan (X%), Turkmenistan (X%) and Mongolia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan, Kyrgyzstan and Tajikistan increased by X, X and X percentage points, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported draw-benches for bars, tubes, profiles, wire or the like in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Uzbekistan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform