Central Asia: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in Central Asia

The Central Asian market for granite, sandstone and other building stone fell dramatically to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed buoyant growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Granite, Sandstone And Other Building Stone in Central Asia

In value terms, production of granite, sandstone and other building stone declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021, and then contracted slightly in the following year.

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Exports of Granite, Sandstone And Other Building Stone

Exports in Central Asia

In 2022, overseas shipments of granite, sandstone and other building stone decreased by X% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of granite, sandstone and other building stone amounted to $X in 2022. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Kyrgyzstan prevails in stone structure, resulting at X tons, which was approx. X% of total exports in 2022. Kazakhstan (X tons) followed a long way behind the leaders.

Exports from Kyrgyzstan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics.

In value terms, Kyrgyzstan ($X) remains the largest granite, sandstone and other building stone supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Kyrgyzstan, exports of granite, sandstone and other building stone 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, jumping by X% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Kazakhstan stood at $X per ton.

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

Imports of Granite, Sandstone And Other Building Stone

Imports in Central Asia

In 2022, supplies from abroad of granite, sandstone and other building stone decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of granite, sandstone and other building stone reduced markedly to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Kazakhstan represented the largest importer of granite, sandstone and other building stone in Central Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Turkmenistan (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons), together achieving a X% share of total imports. Tajikistan (X tons) held a little share of total imports.

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

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

In Uzbekistan, imports of granite, sandstone and other building stone declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkmenistan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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