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Report Central Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Artificial Corundum Market 2024

Artificial Corundum Market Size in Central Asia

The Central Asian artificial corundum market dropped to $X in 2021, waning by -8.2% against the previous year. In general, consumption saw a perceptible slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Artificial Corundum Production in Central Asia

In value terms, artificial corundum production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production saw a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Artificial Corundum Exports

Exports in Central Asia

In 2021, approx. X tons of artificial corundum were exported in Central Asia; picking up by 24% on the year before. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 56% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, artificial corundum exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), together accounting for 99.9% of total export.

Kazakhstan was also the fastest-growing in terms of the artificial corundum exports, with a CAGR of +9.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest artificial corundum supplier in Central Asia.

In Kazakhstan, artificial corundum exports increased at an average annual rate of +7.0% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, growing by 11% against the previous year. In general, the export price, however, showed a perceptible descent. The growth pace was the most rapid in 2017 an increase of 14%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -2.6% per year.

Artificial Corundum Imports

Imports in Central Asia

In 2021, supplies from abroad of artificial corundum decreased by -30.7% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 323% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then dropped significantly in the following year.

In value terms, artificial corundum imports reduced rapidly to $X in 2021. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 171%. The level of import peaked at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

Kazakhstan was the key importing country with an import of around X tons, which amounted to 77% of total imports. It was distantly followed by Uzbekistan (X tons), achieving a 22% share of total imports.

Kazakhstan was also the fastest-growing in terms of the artificial corundum imports, with a CAGR of +25.8% from 2012 to 2021. At the same time, Uzbekistan (+20.6%) displayed positive paces of growth. While the share of Uzbekistan (+22 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-22 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported artificial corundum in Central Asia, comprising 71% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 27% share of total imports.

In Kazakhstan, artificial corundum imports expanded at an average annual rate of +20.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, growing by 19% against the previous year. In general, the import price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the import price increased by 44% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (-3.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan remains the largest artificial corundum consuming country in Central Asia, comprising approx. 63% of total volume. Moreover, artificial corundum consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Tajikistan, threefold.
Kazakhstan constituted the country with the largest volume of artificial corundum production, accounting for 73% of total volume. Moreover, artificial corundum production in Kazakhstan exceeded the figures recorded by the second-largest producer, Tajikistan, fivefold.
In value terms, Kazakhstan remains the largest artificial corundum supplier in Central Asia.
In value terms, Kazakhstan constitutes the largest market for imported artificial corundum in Central Asia, comprising 77% of total imports. The second position in the ranking was occupied by Uzbekistan, with a 22% share of total imports.
The artificial corundum export price in Central Asia stood at $690 per ton in 2021, with an increase of 11% against the previous year.
The artificial corundum import price in Central Asia stood at $839 per ton in 2021, rising by 13% against the previous year.

This report provides an in-depth analysis of the artificial corundum market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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