Central Asia: Plaster Article Market 2024

Plaster Article Market Size in Central Asia

The Central Asian plaster article market expanded to $X in 2021, rising by 3.3% against the previous year. Overall, consumption showed a prominent expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Plaster Article Production in Central Asia

In value terms, plaster article production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production showed a remarkable increase. The growth pace was the most rapid in 2019 when the production volume increased by 41%. Over the period under review, production reached the peak level at $X in 2020, and then reduced modestly in the following year.

Plaster Article Exports

Exports in Central Asia

After two years of growth, shipments abroad of articles of plaster or of compositions based on plaster decreased by -21.7% to X tons in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 43% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined significantly in the following year.

In value terms, plaster article exports stood at $X in 2021. Total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +129.4% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 77%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) represented roughly 99% of total exports in 2021.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +157.9%).

In value terms, Uzbekistan ($X) remains the largest plaster article supplier in Central Asia, comprising 67% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 32% share of total exports.

In Uzbekistan, plaster article exports expanded at an average annual rate of +131.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, rising by 29% against the previous year. In general, the export price, however, showed a perceptible downturn. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-5.4%).

Plaster Article Imports

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in supplies from abroad of articles of plaster or of compositions based on plaster, which increased by 16% to X tons in 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 45% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, plaster article imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 49%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons), distantly followed by Mongolia (X tons), Kyrgyzstan (X tons), Tajikistan (X tons) and Turkmenistan (X tons) were the largest importers of articles of plaster or of compositions based on plaster, together creating 100% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkmenistan (with a CAGR of +11.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported articles of plaster or of compositions based on plaster in Central Asia, comprising 44% of total imports. The second position in the ranking was held by Mongolia ($X), with a 21% share of total imports. It was followed by Tajikistan, with a 13% share.

In Kazakhstan, plaster article imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+5.5% per year) and Tajikistan (-2.2% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, rising by 15% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Tajikistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (-1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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