Central Asia: Prepared Binders Market 2024

Prepared Binders Market Size in Central Asia

In 2022, the Central Asian prepared binders market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption enjoyed significant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Prepared Binders Production in Central Asia

In value terms, prepared binders production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Prepared Binders Exports

Exports in Central Asia

In 2022, overseas shipments of prepared binders for foundry moulds or cores increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, prepared binders exports surged to $X in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

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

Uzbekistan was also the fastest-growing in terms of the prepared binders for foundry moulds or cores exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

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

In Uzbekistan, prepared binders exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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%).

Prepared Binders Imports

Imports in Central Asia

Prepared binders imports soared to X tons in 2022, picking up by X% on the previous year. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared binders imports surged to $X in 2022. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, Kazakhstan (X tons) was the main importer of prepared binders for foundry moulds or cores, generating X% of total imports. Tajikistan (X tons) took the second position in the ranking, distantly followed by Uzbekistan (X tons) and Mongolia (X tons). All these countries together held near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to prepared binders imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%), Uzbekistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Tajikistan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest prepared binders importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), together accounting for X% of total imports.

Among the main importing countries, Tajikistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, dropping by X% against the previous year. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2017 when the import price increased by 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 mixed trends in the import price figures.

Source: IndexBox Platform

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