Central Asia: Ferro-Titanium And Ferro-Silico-Titanium Market 2024

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Central Asia

The Central Asian ferro-titanium and ferro-silico-titanium market surged to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a remarkable 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Ferro-Titanium And Ferro-Silico-Titanium Production in Central Asia

In value terms, ferro-titanium and ferro-silico-titanium production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports in Central Asia

In 2022, shipments abroad of ferro-titanium and ferro-silico-titanium increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, saw a deep contraction. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt descent. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan represented the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Tajikistan (X tons), generating a X% share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the ferro-titanium and ferro-silico-titanium exports, with a CAGR of X% from 2012 to 2022. Tajikistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan increased by X percentage points.

In value terms, Kyrgyzstan ($X) emerged as the largest ferro-titanium and ferro-silico-titanium supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total exports.

In Kyrgyzstan, ferro-titanium and ferro-silico-titanium 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, growing by X% against the previous year. Export price indicated a mild expansion 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, ferro-titanium and ferro-silico-titanium export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while Kyrgyzstan totaled $X per ton.

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

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports in Central Asia

In 2022, the amount of ferro-titanium and ferro-silico-titanium imported in Central Asia soared to X tons, jumping by X% on the previous year. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ferro-titanium and ferro-silico-titanium imports skyrocketed to $X in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked in 2022 and is 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 Mongolia (X tons), comprising a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mongolia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported ferro-titanium and ferro-silico-titanium in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain 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 ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform