Central Asia: Asbestos Market 2022

Asbestos Market Size in Central Asia

The Central Asian asbestos market expanded markedly to $X in 2020, with an increase of X% against the previous year. In general, consumption, however, saw a mild slump. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Asbestos Production in Central Asia

In value terms, asbestos production rose sharply to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. The level of production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Production By Country in Central Asia

Kazakhstan (X tons) constituted the country with the largest volume of asbestos production, comprising approx. X% of total volume.

In Kazakhstan, asbestos production remained relatively stable over the period from 2007-2020.

Asbestos Exports

Exports in Central Asia

In 2020, asbestos exports in Central Asia shrank slightly to X tons, falling by -X% compared with the previous year. Total exports indicated prominent growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, asbestos exports dropped slightly to $X in 2020. Total exports indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), together amounting to X% of total export.

Kazakhstan was also the fastest-growing in terms of the asbestos exports, with a CAGR of +X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual rate of growth in terms of value in Kazakhstan stood at +X%.

Export Prices by Country

In 2020, the asbestos export price in Central Asia amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2020, 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 Kazakhstan.

From 2007 to 2020, the rate of growth in terms of prices for Kazakhstan amounted to +X% per year.

Asbestos Imports

Imports in Central Asia

In 2020, imports of asbestos in Central Asia surged to X tons, picking up by X% on 2019. Total imports indicated a temperate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, asbestos imports skyrocketed to $X in 2020. Total imports indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Uzbekistan (X tons) represented the largest importer of asbestos, mixing up X% of total imports. Tajikistan (X tons) held the second position in the ranking, followed by Turkmenistan (X tons) and Kyrgyzstan (X tons). All these countries together took near X% share of total imports.

Imports into Uzbekistan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Tajikistan (+X%) and Turkmenistan (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. While the share of Tajikistan (+X p.p.) and Turkmenistan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Uzbekistan (-X p.p.) and Kyrgyzstan (-X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported asbestos in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Uzbekistan, asbestos imports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Tajikistan (+X% per year) and Turkmenistan (+X% per year).

Import Prices by Country

The asbestos import price in Central Asia stood at $X per ton in 2020, dropping by -X% against the previous year. Import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, asbestos import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Tajikistan ($X per ton) and Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) and Turkmenistan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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