Central Asia: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Central Asia

In 2020, the Central Asian unwrought aluminium alloys market decreased by -X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2020.

Unwrought Aluminium Alloys Production in Central Asia

In value terms, unwrought aluminium alloys production declined modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Production By Country in Central Asia

Kazakhstan (X tons) remains the largest unwrought aluminium alloys producing country in Central Asia, comprising approx. X% of total volume. Moreover, unwrought aluminium alloys production in Kazakhstan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), threefold. Tajikistan (X tons) ranked third in terms of total production with a X% share.

In Kazakhstan, unwrought aluminium alloys production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Turkmenistan (+X% per year) and Tajikistan (+X% per year).

Unwrought Aluminium Alloys Exports

Exports in Central Asia

In 2020, overseas shipments of unwrought aluminium alloys decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tons. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, unwrought aluminium alloys exports reduced to $X in 2020. Over the period under review, exports saw a slight contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

In 2020, Tajikistan (X tons), Turkmenistan (X tons) and Kazakhstan (X tons) represented the major exporter of unwrought aluminium alloys in Central Asia, mixing up X% of total export. Kyrgyzstan (X tons) ranks next in terms of the total exports with a X% share, followed by Uzbekistan (X%).

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkmenistan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X), Turkmenistan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Turkmenistan (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the unwrought aluminium alloys export price in Central Asia amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Tajikistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other leaders experienced mixed trends in the export price figures.

Unwrought Aluminium Alloys Imports

Imports in Central Asia

In 2020, purchases abroad of unwrought aluminium alloys increased by X% to X tons, rising for the third consecutive year after three years of decline. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unwrought aluminium alloys imports skyrocketed to $X in 2020. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Uzbekistan (X tons) was the key importer of unwrought aluminium alloys, achieving X% of total imports. It was distantly followed by Tajikistan (X tons) and Turkmenistan (X tons), together mixing up a X% share of total imports.

Imports into Uzbekistan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Turkmenistan (+X%) and Tajikistan (+X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. Turkmenistan (+X p.p.) and Tajikistan (+X p.p.) significantly strengthened its position in terms of the total imports, while Uzbekistan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported unwrought aluminium alloys in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total imports.

In Uzbekistan, unwrought aluminium alloys imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Tajikistan (+X% per year) and Turkmenistan (+X% per year).

Import Prices by Country

In 2020, the unwrought aluminium alloys import price in Central Asia amounted to $X per ton, declining by -X% against the previous year. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Tajikistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :