Central Asia: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Central Asia

The Central Asian fuse and detonator market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a buoyant expansion. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Fuse And Detonator Production in Central Asia

In value terms, fuse and detonator production amounted to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fuse And Detonator Exports

Exports in Central Asia

In 2022, approx. X tons of safety fuses, detonating fuses and electric detonators were exported in Central Asia; growing by X% against the previous year's figure. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, fuse and detonator exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Kyrgyzstan was the key exporter of safety fuses, detonating fuses and electric detonators in Central Asia, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Uzbekistan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Kyrgyzstan ($X) remains the largest fuse and detonator supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with an X% share of total exports.

In Kyrgyzstan, fuse and detonator exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Fuse And Detonator Imports

Imports in Central Asia

In 2022, overseas purchases of safety fuses, detonating fuses and electric detonators increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, fuse and detonator imports soared to $X in 2022. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Kazakhstan represented the main importing country with an import of around X tons, which accounted for X% of total imports. Uzbekistan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (X%) and Tajikistan (X%). Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fuse and detonator imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%), Kyrgyzstan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Kazakhstan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Uzbekistan, 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 ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :