Central Asia: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Central Asia

For the third year in a row, the Central Asian market for drawn glass and blown glass recorded decline in sales value, which decreased by -0.4% to $X in 2021. Overall, consumption showed a abrupt downturn. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Drawn Glass And Blown Glass in Central Asia

In value terms, drawn glass and blown glass production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 71% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Drawn Glass And Blown Glass

Exports in Central Asia

In 2021, overseas shipments of drawn glass and blown glass increased by 46% to X square meters, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a pronounced curtailment. The volume of export peaked at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports contracted remarkably to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 22%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X square meters) represented roughly 100% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the drawn glass and blown glass exports, with a CAGR of -3.5% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest drawn glass and blown glass supplier in Central Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at -15.3%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per square meter, falling by -45% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -12.2% per year.

Imports of Drawn Glass And Blown Glass

Imports in Central Asia

In 2021, after three years of growth, there was significant decline in supplies from abroad of drawn glass and blown glass, when their volume decreased by -57.2% to X square meters. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 56%. The volume of import peaked at X square meters in 2020, and then shrank dramatically in the following year.

In value terms, drawn glass and blown glass imports declined dramatically to $X in 2021. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Over the period under review, imports reached the maximum at $X in 2020, and then fell dramatically in the following year.

Imports by Country

Mongolia dominates imports structure, finishing at X square meters, which was near 92% of total imports in 2021. It was distantly followed by Tajikistan (X square meters), achieving a 5.5% share of total imports. Kyrgyzstan (X square meters) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to drawn glass and blown glass imports into Mongolia stood at +4.8%. At the same time, Tajikistan (+37.8%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +37.8% from 2012-2021. By contrast, Kyrgyzstan (-23.5%) illustrated a downward trend over the same period. Mongolia (+36 p.p.) and Tajikistan (+5.2 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by -19.9% from 2012 to 2021, respectively.

In value terms, Mongolia ($X) constitutes the largest market for imported drawn glass and blown glass in Central Asia, comprising 90% of total imports. The second position in the ranking was held by Tajikistan ($X), with an 8.5% share of total imports.

In Mongolia, drawn glass and blown glass imports expanded at an average annual rate of +3.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Tajikistan (+18.8% per year) and Kyrgyzstan (-33.6% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per square meter, picking up by 3.4% against the previous year. Overall, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when the import price increased by 7.1% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tajikistan ($X per square meter), while Kyrgyzstan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (-1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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