Central Asia: Flat Glass Market 2024

Flat Glass Market Size in Central Asia

The Central Asian flat glass market dropped modestly to $X in 2021, standing approx. at the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, leveling off in the following year.

Flat Glass Production in Central Asia

In value terms, flat glass production dropped to $X in 2021 estimated in export price. In general, production, however, showed a slight decrease. The pace of growth appeared the most rapid in 2020 with an increase of 32%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Flat Glass Exports

Exports in Central Asia

In 2021, the amount of flat glass exported in Central Asia soared to X tons, rising by 97% against the previous year. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2015 when exports increased by 3,610%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, flat glass exports skyrocketed to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 946% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

Kyrgyzstan prevails in exports structure, resulting at X tons, which was approx. 87% of total exports in 2021. Turkmenistan (X tons) took the second position in the ranking, followed by Uzbekistan (X tons). All these countries together held near 13% share of total exports.

Exports from Kyrgyzstan increased at an average annual rate of +20.8% from 2012 to 2021. At the same time, Uzbekistan (+55.3%) and Turkmenistan (+34.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +55.3% from 2012-2021. While the share of Turkmenistan (+7.4 p.p.) and Uzbekistan (+5.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-10.5 p.p.) displayed negative dynamics.

In value terms, Kyrgyzstan ($X) remains the largest flat glass supplier in Central Asia, comprising 91% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 4.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kyrgyzstan amounted to +31.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+34.8% per year) and Turkmenistan (+33.6% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, increasing by 202% against the previous year. In general, the export price posted resilient growth. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while Turkmenistan ($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 (+8.6%), while the other leaders experienced a decline in the export price figures.

Flat Glass Imports

Imports in Central Asia

For the fifth consecutive year, Central Asia recorded growth in overseas purchases of flat glass, which increased by 93% to X tons in 2021. Over the period under review, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flat glass imports surged to $X in 2021. Overall, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan dominates imports structure, reaching X tons, which was near 78% of total imports in 2021. Uzbekistan (X tons) held the second position in the ranking, followed by Mongolia (X tons). All these countries together took approx. 14% share of total imports. Tajikistan (X tons) and Kyrgyzstan (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to flat glass imports into Kazakhstan stood at +15.2%. At the same time, Uzbekistan (+35.7%), Tajikistan (+4.7%) and Mongolia (+3.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +35.7% from 2012-2021. Kyrgyzstan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Kazakhstan and Uzbekistan increased by +10 and +7.7 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported flat glass in Central Asia, comprising 76% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 12% share of total imports. It was followed by Tajikistan, with a 5.9% share.

In Kazakhstan, flat glass imports increased at an average annual rate of +14.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+38.5% per year) and Tajikistan (+17.8% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, rising by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Tajikistan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+12.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :