Central Asia: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Central Asia

In 2022, the Central Asian market for wood pellets and other agglomerates was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a abrupt decrease. 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.

Production of Wood Pellets And Other Agglomerates in Central Asia

In value terms, wood pellets and other agglomerates production reached $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Wood Pellets And Other Agglomerates

Exports in Central Asia

Wood pellets and other agglomerates exports skyrocketed to X tons in 2022, jumping by X% against the previous year. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets and other agglomerates exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Kyrgyzstan (X tons) represented the main exporter of wood pellets and other agglomerates in Central Asia, achieving X% of total export.

Kyrgyzstan was also the fastest-growing in terms of the wood pellets and other agglomerates exports, with a CAGR of X% from 2013 to 2022. Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Kyrgyzstan, wood pellets and other agglomerates exports increased at an average annual rate of X% over the period from 2013-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2013 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to X% per year.

Imports of Wood Pellets And Other Agglomerates

Imports in Central Asia

For the fourth consecutive year, Central Asia recorded growth in purchases abroad of wood pellets and other agglomerates, which increased by X% to X tons in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, wood pellets and other agglomerates imports soared to $X in 2022. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan represented the major importer of wood pellets and other agglomerates in Central Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Tajikistan (X tons), achieving a X% share of total imports. Uzbekistan (X tons) and Kyrgyzstan (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pellets and other agglomerates imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%), Uzbekistan (X%) and Kyrgyzstan (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. From 2012 to 2022, the share of Tajikistan, Uzbekistan and Kyrgyzstan increased by X, X and X percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wood pellets and other agglomerates in Central Asia, comprising X% of total imports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, wood pellets and other agglomerates imports expanded at 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: Tajikistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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