Central Asia: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Central Asia

The Central Asian metal flexible tubing market dropped markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, posted a buoyant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Flexible Tubing Production in Central Asia

In value terms, metal flexible tubing production reached $X in 2022 estimated in export price. In general, production showed a resilient expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Metal Flexible Tubing Exports

Exports in Central Asia

In 2022, the amount of iron or steel flexible tubing exported in Central Asia rose significantly to X tons, increasing by X% compared with the previous year's figure. Overall, exports posted a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal flexible tubing exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Uzbekistan (X tons) was the largest exporter of iron or steel flexible tubing, committing X% of total exports. It was distantly followed by Kazakhstan (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal flexible tubing exports from Uzbekistan stood at X%. Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest metal flexible tubing supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, metal flexible tubing exports expanded 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, picking up by X% against the previous year. Over the period under review, the export price continues to indicate tangible growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

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

Metal Flexible Tubing Imports

Imports in Central Asia

In 2022, the amount of iron or steel flexible tubing imported in Central Asia dropped slightly to X tons, waning by X% on the year before. In general, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal flexible tubing imports soared to $X in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates imports structure, together comprising X% of total imports. It was distantly followed by Turkmenistan (X tons), comprising an X% share of total imports. The following importers - Mongolia (X tons) and Tajikistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal flexible tubing importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to 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, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Tajikistan ($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 a decline in the import price figures.

Source: IndexBox Platform

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