Central Asia: Glass Fiber Market 2024

Glass Fiber Market Size in Central Asia

The Central Asian glass fiber market expanded rapidly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a mild downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Glass Fiber Production in Central Asia

In value terms, glass fiber production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Glass Fiber Exports

Exports in Central Asia

In 2022, glass fiber exports in Central Asia fell markedly to X tons, which is down by X% on 2021 figures. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass fiber exports totaled $X in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Uzbekistan dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), mixing up a X% share of total exports. Tajikistan (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to glass fiber exports from Uzbekistan stood at X%. At the same time, Tajikistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) and Tajikistan (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, Uzbekistan ($X) remains the largest glass fiber supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Uzbekistan, glass fiber 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: Kazakhstan (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, increasing by X% against the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($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 mixed trends in the export price figures.

Glass Fiber Imports

Imports in Central Asia

In 2022, glass fiber imports in Central Asia rose remarkably to X tons, growing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, glass fiber imports soared to $X in 2022. Overall, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan was the main importer of voiles, webs, mats and other articles of glass fibers in Central Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), Kyrgyzstan (X tons), Mongolia (X tons) and Turkmenistan (X tons), together mixing up a X% share of total imports. Tajikistan (X tons) took a relatively small share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of voiles, webs, mats and other articles of glass fibers. At the same time, Mongolia (X%), Uzbekistan (X%), Tajikistan (X%), Kyrgyzstan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Mongolia (X p.p.), Kyrgyzstan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported voiles, webs, mats and other articles of glass fibers in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, glass fiber imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure 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 ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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