Report Update Nov 1, 2024

Central Asia - Carbides - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Carbides Market 2024

Carbides Market Size in Central Asia

The Central Asian carbides market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, recorded a perceptible decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Carbides Production in Central Asia

In value terms, carbides production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 2.5%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Carbides Exports

Exports in Central Asia

In 2022, the amount of carbides exported in Central Asia reduced sharply to X tons, which is down by -15.3% against 2021. In general, exports, however, showed slight growth. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, carbides exports soared to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The shipments of the one major exporters of carbides, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of carbides. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at +1.9%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, surging by 38% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +0.9% per year.

Carbides Imports

Imports in Central Asia

In 2022, imports of carbides in Central Asia surged to X tons, increasing by 54% on 2021. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 272% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, carbides imports skyrocketed to $X in 2022. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 313%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Uzbekistan represented the largest importing country with an import of about X tons, which recorded 49% of total imports. It was distantly followed by Kazakhstan (X tons), Turkmenistan (X tons), Mongolia (X tons) and Kyrgyzstan (X tons), together constituting a 49% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kazakhstan (with a CAGR of +45.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported carbides in Central Asia, comprising 64% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 23% share of total imports. It was followed by Mongolia, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to +20.8%. In the other countries, the average annual rates were as follows: Uzbekistan (+5.1% per year) and Mongolia (+6.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of 4.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 49%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbides in Central Asia?

Kazakhstan remains the largest carbides consuming country in Central Asia, comprising approx. 93% of total volume. Moreover, carbides consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, more than tenfold.

What are the largest producers of carbides in Central Asia?

Kazakhstan constituted the country with the largest volume of carbides production, accounting for 100% of total volume.

What are the leading suppliers of carbides in Central Asia?

In value terms, Kazakhstan remains the largest carbides supplier in Central Asia.

What are the leading importers of carbides in Central Asia?

In value terms, Uzbekistan constitutes the largest market for imported carbides in Central Asia, comprising 72% of total imports. The second position in the ranking was occupied by Turkmenistan, with an 8.6% share of total imports. It was followed by Kyrgyzstan, with a 5.2% share.

What is the average export price for carbides in Central Asia?

In 2021, the export price in Central Asia amounted to $703 per ton, rising by 5.3% against the previous year.

What is the average import price for carbides in Central Asia?

In 2021, the import price in Central Asia amounted to $944 per ton, jumping by 30% against the previous year.

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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