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Report Central Asia - Magnesite - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Central Asia - Magnesite - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Magnesite Market 2024

Magnesite Market Size in Central Asia

After two years of decline, the Central Asian magnesite market increased by X% to $X in 2022. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Magnesite Production in Central Asia

In value terms, magnesite production rose significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Magnesite Exports

Exports by Country

Turkmenistan was the main exporter of magnesite in Central Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), creating a X% share of total exports.

Exports from Turkmenistan decreased at an average annual rate of X% from 2019 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 2019-2022. While the share of Turkmenistan (X p.p.) and Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest magnesite supplying countries in Central Asia were Turkmenistan ($X) and Kazakhstan ($X).

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded prominent growth. As a result, the export price attained the peak level and is likely to continue 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 Turkmenistan totaled $X per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%).

Magnesite Imports

Imports in Central Asia

In 2022, after four years of decline, there was significant growth in overseas purchases of magnesite, when their volume increased by X% to X tons. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, magnesite imports soared to $X in 2022. In general, imports posted a perceptible expansion. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the key importer of magnesite in Central Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), achieving a X% share of total imports.

Kazakhstan was also the fastest-growing in terms of the magnesite imports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Uzbekistan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then reduced modestly in the following year.

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 Kazakhstan amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of magnesite consumption was Kyrgyzstan, accounting for 66% of total volume. Moreover, magnesite consumption in Kyrgyzstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, fourfold. The third position in this ranking was taken by Kazakhstan, with an 8% share.
The country with the largest volume of magnesite production was Turkmenistan, comprising approx. 67% of total volume. Moreover, magnesite production in Turkmenistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan, twofold.
In value terms, the largest magnesite supplying countries in Central Asia were Turkmenistan and Kazakhstan.
In value terms, Uzbekistan and Kazakhstan were the countries with the highest levels of imports in 2022.
The export price in Central Asia stood at $92 per ton in 2022, jumping by 64% against the previous year.
The import price in Central Asia stood at $671 per ton in 2022, approximately equating the previous year.

This report provides an in-depth analysis of the magnesite 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:

  • UNCode 16390-1 - Magnesite

Country coverage:

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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