Central Asia: Explosives Market 2024

Explosives Market Size in Central Asia

The Central Asian explosives market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Explosives Production in Central Asia

In value terms, explosives production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Explosives Exports

Exports in Central Asia

In 2022, exports of prepared explosives in Central Asia skyrocketed to X tons, increasing by X% against the year before. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, explosives exports skyrocketed to $X in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan represented the largest exporting country with an export of around X tons, which amounted to X% of total exports. Kyrgyzstan (X tons) held the second position in the ranking, followed by Tajikistan (X tons). All these countries together held approx. X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the prepared explosives exports, with a CAGR of X% from 2012 to 2022. At the same time, Tajikistan (X%) displayed positive paces of growth. Kyrgyzstan experienced a relatively flat trend pattern. While the share of Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tajikistan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest explosives supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total exports.

In Kazakhstan, explosives exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw a pronounced increase. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while Kyrgyzstan ($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%).

Explosives Imports

Imports in Central Asia

In 2022, supplies from abroad of prepared explosives increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a perceptible slump. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, explosives imports soared to $X in 2022. Overall, imports, however, continue to indicate a abrupt setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan represented the largest importing country with an import of around X tons, which reached X% of total imports. Mongolia (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to explosives imports into Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan and Kyrgyzstan increased by X and X percentage points, respectively.

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

In Kazakhstan, explosives imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a slight setback. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :