Central Asia: Bentonite Market 2021

Bentonite Market Size in Central Asia

In 2019, the Central Asian bentonite market increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Bentonite Production in Central Asia

In value terms, bentonite production expanded sharply to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Production By Country in Central Asia

Uzbekistan (X tons) remains the largest bentonite producing country in Central Asia, accounting for X% of total volume. Moreover, bentonite production in Uzbekistan exceeded the figures recorded by the second-largest producer, Turkmenistan (X tons), sixfold.

From 2007 to 2019, the average annual growth rate of volume in Uzbekistan stood at +X%.

Bentonite Exports

Exports in Central Asia

In 2019, approx. X tons of bentonite were exported in Central Asia; with an increase of X% compared with 2018. Over the period under review, exports enjoyed resilient growth. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports reached $X in 2019. In general, exports recorded a strong increase. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

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

Kazakhstan was also the fastest-growing in terms of the bentonite exports, with a CAGR of +X% from 2007 to 2019. Kazakhstan (+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 value terms, Kazakhstan ($X) also remains the largest bentonite supplier in Central Asia.

From 2007 to 2019, the average annual rate of growth in terms of value in Kazakhstan stood at +X%.

Export Prices by Country

The bentonite export price in Central Asia stood at $X per ton in 2019, shrinking by -X% against the previous year. Overall, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2015 to 2019, the growth in terms of 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 2007 to 2019, the rate of growth in terms of prices for Kazakhstan amounted to -X% per year.

Bentonite Imports

Imports in Central Asia

In 2019, supplies from abroad of bentonite increased by X% to X tons, rising for the third year in a row after three years of decline. Total imports indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. The volume of import peaked at X tons in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, bentonite imports surged to $X in 2019. Total imports indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan dominates bentonite imports structure, accounting for X tons, which was approx. X% of total imports in 2019. It was distantly followed by Mongolia (X tons), mixing up an X% share of total imports. Uzbekistan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2019. At the same time, Kyrgyzstan (+X%) and Mongolia (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2019. By contrast, Uzbekistan (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Uzbekistan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2019, the average annual growth rate of value in Kazakhstan totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+X% per year) and Mongolia (-X% per year).

Import Prices by Country

The bentonite import price in Central Asia stood at $X per ton in 2019, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2013 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Uzbekistan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2007 to 2019, 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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