Report Central Asia - Gold - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 19, 2022

Central Asia - Gold - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Pricing Plan

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Central Asia: Gold Market 2022

Gold Market Size in Central Asia

In 2021, the Central Asian gold market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Gold Production in Central Asia

In value terms, gold production contracted to $X in 2021 estimated in export price. The total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

Production By Country in Central Asia

The countries with the highest volumes of in 2021 were Uzbekistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons), together accounting for X% of total production. These countries were followed by Mongolia and Tajikistan, which together accounted for a further X 2012 to 2021, the biggest increases were in Tajikistan (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Gold Exports

Exports in Central Asia

Gold exports dropped rapidly to X tons in 2021, falling by -X% against the previous year. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, gold exports declined significantly to $X in 2021. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2020, and then contracted significantly in the following year.

Exports by Country

Uzbekistan prevails in exports structure, resulting at X tons, which was near X% of total exports in 2021. It was distantly followed by Kyrgyzstan (X tons) and Tajikistan (X tons), together constituting a X% share of total exports. Kazakhstan (X tons) held a little share of total exports.

Uzbekistan was also the fastest-growing in terms of the gold exports, with a CAGR of +X% from 2012 to 2021. At the same time, Tajikistan (+X%) displayed positive paces of growth. By contrast, Kyrgyzstan (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan and Tajikistan increased by +X and +X percentage points, respectively.

In value terms, Uzbekistan ($X) remains the largest gold supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-X% per year) and Tajikistan (+X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per kg in 2021, shrinking by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per kg, and then shrank slightly in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Kyrgyzstan ($X per kg), while Kazakhstan ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+X%), while the other leaders experienced mixed trends in the export price figures.

Gold Imports

Imports in Central Asia

Gold imports skyrocketed to X tons in 2021, growing by X% compared with the previous year's figure. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, gold imports reduced modestly to $X in 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2020, and then shrank in the following year.

Imports by Country

Kazakhstan prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2021. Kyrgyzstan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the gold imports, with a CAGR of +X% from 2012 to 2021. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Kazakhstan (+X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by -X% from 2012 to 2021, respectively.

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

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to +X%.

Import Prices by Country

The import price in Central Asia stood at $X per kg in 2021, reducing by -X% against the previous year. Overall, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per kg in 2020, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kyrgyzstan ($X per kg), while Kazakhstan stood at $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for gold in Central Asia?
+
Kazakhstan constituted the country with the largest volume of gold consumption, accounting for 52% of total volume. Moreover, gold consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, threefold. Kyrgyzstan ranked third in terms of total consumption with a 17% share.
What are the largest producers of gold in Central Asia?
+
The countries with the highest volumes of in 2021 were Uzbekistan, Kazakhstan and Kyrgyzstan, together comprising 89% of total production. Mongolia and Tajikistan lagged somewhat behind, together accounting for a further 11%.
What are the leading suppliers of gold in Central Asia?
+
In value terms, Uzbekistan remains the largest gold supplier in Central Asia, comprising 86% of total exports. The second position in the ranking was held by Kyrgyzstan, with a 6.5% share of total exports. It was followed by Tajikistan, with a 5% share.
What are the leading importers of gold in Central Asia?
+
In value terms, Kazakhstan constitutes the largest market for imported gold in Central Asia, comprising 90% of total imports. The second position in the ranking was held by Kyrgyzstan, with a 6.1% share of total imports.
What is the average export price for gold in Central Asia?
+
In 2021, the export price in Central Asia amounted to $54,845 per kg, dropping by -3.8% against the previous year.
What is the average import price for gold in Central Asia?
+
The import price in Central Asia stood at $17,749 per kg in 2021, dropping by -65.2% against the previous year.

This report provides an in-depth analysis of the gold market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24412030 - Gold, unwrought or in powder form for non-monetary use (including plated with platinum)
• Prodcom 24412035 -
• Prodcom 24412040 -
• Prodcom 24412050 - Gold, in semi-manufactured forms for non-monetary use (including plated with platinum) (excluding unwrought or in powder form)
• Prodcom 24412070 - Monetary gold (including gold plated with platinum)
Country coverage:
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Central Asia, split by region and country
• Trade (exports and imports) in Central Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Kazakhstan
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET