Central Asia: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in Central Asia

The Central Asian wooden joinery and carpentry market expanded remarkably to $X in 2021, rising by 8.6% against the previous year. Overall, consumption, however, saw a slight decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Builders' Joinery And Carpentry Of Wood in Central Asia

In value terms, wooden joinery and carpentry production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 316%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Exports of Builders' Joinery And Carpentry Of Wood

Exports in Central Asia

In 2021, approx. X tons of builders' joinery and carpentry of wood were exported in Central Asia; jumping by 207% against 2020. Overall, exports posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden joinery and carpentry exports surged to $X in 2021. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by 189%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, recording X tons, which was near 94% of total exports in 2021. It was distantly followed by Kyrgyzstan (X tons), mixing up a 4.6% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to wooden joinery and carpentry exports from Kazakhstan stood at +18.6%. At the same time, Kyrgyzstan (+19.4%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +19.4% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest wooden joinery and carpentry supplier in Central Asia, comprising 88% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 7.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +10.5%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, falling by -48.7% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 35% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($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 Kazakhstan (-6.9%).

Imports of Builders' Joinery And Carpentry Of Wood

Imports in Central Asia

In 2021, supplies from abroad of builders' joinery and carpentry of wood increased by 14% to X tons, rising for the third consecutive year after three years of decline. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 36% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, wooden joinery and carpentry imports rose significantly to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.4% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) was the major importer of builders' joinery and carpentry of wood, making up 67% of total imports. Turkmenistan (X tons) ranks second in terms of the total imports with a 10% share, followed by Tajikistan (8.3%) and Uzbekistan (7.8%). Kyrgyzstan (X tons) and Mongolia (X tons) held a minor share of total imports.

Imports into Kazakhstan increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Uzbekistan (+33.4%), Tajikistan (+18.0%) and Kyrgyzstan (+4.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +33.4% from 2012-2021. Turkmenistan experienced a relatively flat trend pattern. By contrast, Mongolia (-9.7%) illustrated a downward trend over the same period. Uzbekistan (+7.8 p.p.) and Tajikistan (+5.5 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan, Turkmenistan and Mongolia saw its share reduced by -2.7%, -4% and -6.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported builders' joinery and carpentry of wood in Central Asia, comprising 63% of total imports. The second position in the ranking was held by Turkmenistan ($X), with a 16% share of total imports. It was followed by Uzbekistan, with a 9.1% share.

In Kazakhstan, wooden joinery and carpentry imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkmenistan (-1.3% per year) and Uzbekistan (+26.8% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, with a decrease of -1.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2013 when the import price increased by 18%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkmenistan ($X per ton), while Tajikistan ($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 (+8.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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