Central Asia: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Central Asia

The Central Asian calcareous building stone market contracted modestly to $X in 2021, which is down by -2.3% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in Central Asia

In value terms, calcareous building stone production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 20% against the previous year. The level of production peaked at $X in 2020, and then dropped modestly in the following year.

Calcareous Building Stone Exports

Exports in Central Asia

Calcareous building stone exports skyrocketed to X tons in 2021, jumping by 108% on 2020 figures. Over the period under review, exports, however, recorded a sharp descent. The pace of growth was the most pronounced in 2019 when exports increased by 213% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calcareous building stone exports surged to $X in 2021. In general, exports, however, continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2019 when exports increased by 396%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kazakhstan (X tons) represented the largest exporter of calcareous building stone, generating 72% of total exports. It was distantly followed by Uzbekistan (X kg), Kyrgyzstan (X kg) and Mongolia (X kg), together achieving a 28% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calcareous building stone exports from Kazakhstan stood at -35.4%. At the same time, Mongolia (+27.1%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +27.1% from 2012-2021. By contrast, Uzbekistan (-27.4%) and Kyrgyzstan (-33.9%) illustrated a downward trend over the same period. While the share of Mongolia (+6.4 p.p.) and Uzbekistan (+6.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-13.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Mongolia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.

Mongolia, with a CAGR of -9.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, reducing by -10.4% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 255%. Over the period under review, the export prices hit record highs at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+34.5%), while the other leaders experienced mixed trends in the export price figures.

Calcareous Building Stone Imports

Imports in Central Asia

In 2021, the amount of calcareous building stone imported in Central Asia soared to X tons, with an increase of 266% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, calcareous building stone imports surged to $X in 2021. In general, imports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2015 when imports increased by 266% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) was the major importer of calcareous building stone, comprising 73% of total imports. It was distantly followed by Mongolia (X tons) and Uzbekistan (X tons), together making up a 26% share of total imports.

Kazakhstan was also the fastest-growing in terms of the calcareous building stone imports, with a CAGR of +8.8% from 2012 to 2021. At the same time, Mongolia (+7.3%) displayed positive paces of growth. By contrast, Uzbekistan (-9.3%) illustrated a downward trend over the same period. Kazakhstan (+40 p.p.) and Mongolia (+10 p.p.) significantly strengthened its position in terms of the total imports, while Uzbekistan saw its share reduced by -6.9% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported calcareous building stone in Central Asia, comprising 62% of total imports. The second position in the ranking was held by Mongolia ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +2.3%. In the other countries, the average annual rates were as follows: Mongolia (+2.8% per year) and Uzbekistan (-5.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, dropping by -55.5% against the previous year. In general, the import price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 74%. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then declined rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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