Central Asia: Tyre Cord Wire Rod Market 2020

Tyre Cord Wire Rod Market Size in Central Asia

The revenue of the tyre cord wire rod market in Central Asia amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The tyre cord wire rod consumption continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the tyre cord wire rod market attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Tyre Cord Wire Rod Exports in Central Asia

In 2017, tyre cord wire rod exports in Central Asia amounted to X tons, falling by -X% against the previous year. The tyre cord wire rod exports continue to indicate a deep drop. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, tyre cord wire rod exports totaled $X in 2017. The tyre cord wire rod exports continue to indicate an abrupt reduction. In that year, the tyre cord wire rod exports attained their peak level of $X. From 2010 to 2017, growth of the tyre cord wire rod exports failed to regain its momentum.

Tyre Cord Wire Rod Exports by Country in Central Asia

In 2017, Kazakhstan (X tons) represented the key exporter for wire rod for tyre cord, creating X% of total exports. It was distantly followed by Kyrgyzstan (X tons), mixed up X% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -X% from 2007 to 2017. Kyrgyzstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kazakhstan and Kyrgyzstan increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest tyre cord wire rod supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

In Kazakhstan, tyre cord wire rod exports plunged by an average annual rate of -X% over the period from 2007-2017.

Tyre Cord Wire Rod Export Prices by Country in Central Asia

In 2017, the tyre cord wire rod export price in Central Asia amounted to $X per ton, remaining constant against the previous year. The tyre cord wire rod export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. In that year, the export prices for wire rod for tyre cord attained their peak level of $X per ton. From 2014 to 2017, growth of the export prices for wire rod for tyre cord failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton), while Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Tyre Cord Wire Rod Imports in Central Asia

In 2017, the amount of wire rod for tyre cord imported in Central Asia stood at X tons, coming up by X% against the previous year. The tyre cord wire rod imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. Over the period under review, the tyre cord wire rod imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, tyre cord wire rod imports amounted to $X in 2017. The tyre cord wire rod imports continue to indicate a pronounced deduction. Over the period under review, the tyre cord wire rod imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Tyre Cord Wire Rod Imports by Country in Central Asia

In 2017, Kazakhstan (X tons) represented the main importer for wire rod for tyre cord, making up X% of total imports. It was distantly followed by Mongolia (X tons), comprising X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to tyre cord wire rod imports into Kazakhstan stood at -X%. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Kazakhstan increased by X% percentage points, while Mongolia (-X%) saw their share reduced.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wire rod for tyre cord in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports.

In Kazakhstan, tyre cord wire rod imports declined by an average annual rate of -X% over the period from 2007-2017.

Tyre Cord Wire Rod Import Prices by Country in Central Asia

The tyre cord wire rod import price in Central Asia stood at $X per ton in 2017, growing by X% against the previous year. The tyre cord wire rod import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for wire rod for tyre cord reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for wire rod for tyre cord stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Mongolia ($X per ton) and Kazakhstan ($X per ton), while Kazakhstan ($X per ton) and Mongolia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mongolia (+X% per year).

Source: IndexBox Platform