Central Asia: Felt Market 2020

Felt Market Size in Central Asia

The revenue of the felt market in Central Asia amounted to $X in 2017, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The felt consumption continues to indicate a drastic contraction. The growth pace was the most rapid in 2013, when market value increased by X% against the previous year. Over the period under review, the felt market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Felt Exports in Central Asia

In 2017, the amount of felt exported in Central Asia totaled X tons, coming up by X% against the previous year. The felt exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. In that year, the felt exports reached their peak volume of X tons. From 2009 to 2017, growth of the felt exports failed to regain its momentum.

In value terms, felt exports amounted to $X in 2017. The felt exports continue to indicate a drastic shrinkage. Over the period under review, the felt exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Felt Exports by Country in Central Asia

In 2017, Kazakhstan (X tons) represented the main exporter for felt, committing X% of total exports. It was distantly followed by Kyrgyzstan (X tons) and Mongolia (X tons), together generating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to felt exports from Kazakhstan stood at -X%. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. Kazakhstan (X%) and Kyrgyzstan (X%) significantly strengthened its position in terms of the global exports, while Mongolia saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Kazakhstan ($X) remains the largest felt supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports. It was followed by Mongolia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-X% per year) and Mongolia (+X% per year).

Felt Export Prices by Country in Central Asia

The felt export price in Central Asia stood at $X per ton in 2017, lowering by -X% against the previous year. The felt export price continues to indicate a mild drop. The pace of growth was the most pronounced in 2013, an increase of X% against the previous year. In that year, the export prices for felt reached their peak level of $X per ton. From 2014 to 2017, growth of the export prices for felt failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mongolia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mongolia (+X% per year), while the other leaders experienced a decline in the export price figures.

Felt Imports in Central Asia

In 2017, imports of felt in Central Asia amounted to X tons, going up by X% against the previous year. The felt imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. Over the period under review, the felt imports reached its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, felt imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the felt imports increased by +X% against 2011 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Felt Imports by Country in Central Asia

Kazakhstan was the largest importer of felt in Central Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X tons), committing X% share of total imports. Mongolia (X tons) occupied the minor share of total imports.

Kazakhstan was also the fastest growing in terms of the felt imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. By contrast, Mongolia (-X%) illustrated a downward trend over the same period. While the share of Mongolia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kyrgyzstan (-X%) and Kazakhstan (-X%) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported felt in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports. It was followed by Mongolia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+X% per year) and Mongolia (-X% per year).

Felt Import Prices by Country in Central Asia

The felt import price in Central Asia stood at $X per ton in 2017, shrinking by -X% against the previous year. The felt import price continues to indicate a drastic curtailment. The growth pace was the most rapid in 2013, an increase of X% y-o-y. Over the period under review, the import prices for felt reached its maximum level of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform