Central Asia: Forged Metal Articles Market 2020

Forged Metal Articles Market Size in Central Asia

The revenue of the forged metal articles market in Central Asia amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong 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 forged metal articles consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2017, when market value increased by X% against the previous year. In that year, the forged metal articles market attained their peak level, and is likely to continue its growth in the immediate term.

Forged Metal Articles Production in Central Asia

In 2017, approx. X tons of forged or stamped articles of iron or steel were produced in Central Asia; approximately equating the previous year. The forged metal articles production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of forged metal articles production peaked in 2017, and is expected to retain its growth in the immediate term.

Forged Metal Articles Exports in Central Asia

In 2017, the amount of forged or stamped articles of iron or steel exported in Central Asia stood at X tons, jumping by X% against the previous year. The total exports indicated a temperate growth from 2007 to 2017: its volume 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 forged metal articles exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, forged metal articles exports amounted to $X in 2017. The forged metal articles exports continue to indicate a strong increase. In that year, the forged metal articles exports reached their peak level, and are likely to continue its growth in the immediate term.

Forged Metal Articles Exports by Country in Central Asia

The exports of the one major exporters of forged or stamped articles of iron or steel, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest growing in terms of the forged or stamped articles of iron or steel exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kazakhstan, forged metal articles exports expanded at an average annual rate of +X% over the period from 2007-2017.

Forged Metal Articles Export Prices by Country in Central Asia

In 2017, the forged metal articles export price in Central Asia amounted to $X per ton, going up by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price 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 forged metal articles export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for forged or stamped articles of iron or steel reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Forged Metal Articles Imports in Central Asia

In 2017, forged metal articles imports in Central Asia totaled X tons, increasing by X% against the previous year. The forged metal articles imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2009, with an increase of X% against the previous year. In that year, the forged metal articles imports reached their peak volume of X tons. From 2010 to 2017, growth of the forged metal articles imports failed to regain its momentum.

In value terms, forged metal articles imports amounted to $X in 2017. The forged metal articles imports continue to indicate a strong increase. Over the period under review, the forged metal articles imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Forged Metal Articles Imports by Country in Central Asia

Kazakhstan was the key importer of forged or stamped articles of iron or steel in Central Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X tons), generating X% share of total imports.

Kazakhstan was also the fastest growing in terms of the forged or stamped articles of iron or steel imports, with a CAGR of +X% from 2007 to 2017. Kyrgyzstan (-X%) illustrated a downward trend over the same period. Kyrgyzstan (X%) significantly strengthened its position in terms of the global imports, while Kazakhstan saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported forged or stamped articles of iron or steel in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan stood at +X%.

Forged Metal Articles Import Prices by Country in Central Asia

In 2017, the forged metal articles import price in Central Asia amounted to $X per ton, going up by X% against the previous year. The import price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. Over the period under review, the import prices for forged or stamped articles of iron or steel attained its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton), while Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton) were 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).

Source: IndexBox Platform