Report Update Nov 1, 2024

Central Asia - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Market for Glass Fibre Chopped Strands 2024

Market Size for Glass Fibre Chopped Strands in Central Asia

In 2021, after two years of decline, there was significant growth in the Central Asian glass fibre chopped strand market, when its value increased by 14% to $X. In general, consumption, however, recorded a perceptible slump. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Glass Fibre Chopped Strands in Central Asia

In value terms, glass fibre chopped strand production soared to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible contraction. The growth pace was the most rapid in 2018 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Glass Fibre Chopped Strands

Exports in Central Asia

In 2021, the amount of glass fibre chopped strands exported in Central Asia amounted to X tons, remaining constant against 2020. Over the period under review, exports posted significant growth. The smallest decline of -74.4% was in 2019. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, glass fibre chopped strand exports amounted to $X in 2021. In general, exports saw a significant expansion. The smallest decline of -51.5% was in 2019. The level of export peaked in 2021 and is expected to retain growth in the near future.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, reducing by -75.7% against the previous year. In general, the export price faced a dramatic slump. The most prominent rate of growth was recorded in 2019 when the export price increased by 90% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2018 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (0.0%).

Imports of Glass Fibre Chopped Strands

Imports in Central Asia

In 2021, overseas purchases of glass fibre chopped strands increased by 14% to X tons, rising for the third year in a row after two years of decline. In general, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2016 when imports increased by 125%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, glass fibre chopped strand imports contracted sharply to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 173% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then contracted significantly in the following year.

Imports by Country

Uzbekistan dominates imports structure, recording X tons, which was near 77% of total imports in 2021. Kazakhstan (X tons) ranks second in terms of the total imports with a 7.5% share, followed by Kyrgyzstan (5%). Mongolia (X tons), Tajikistan (X tons) and Turkmenistan (X tons) took a relatively small share of total imports.

Uzbekistan was also the fastest-growing in terms of the glass fibre chopped strands imports, with a CAGR of +68.5% from 2012 to 2021. At the same time, Kyrgyzstan (+32.8%), Turkmenistan (+8.8%) and Mongolia (+4.0%) displayed positive paces of growth. By contrast, Kazakhstan (-11.5%) and Tajikistan (-24.2%) illustrated a downward trend over the same period. While the share of Uzbekistan (+77 p.p.) and Kyrgyzstan (+4.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-26 p.p.) and Tajikistan (-56.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported glass fibre chopped strands in Central Asia, comprising 73% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 14% share of total imports. It was followed by Kyrgyzstan, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan totaled +55.9%. In the other countries, the average annual rates were as follows: Kazakhstan (-11.5% per year) and Kyrgyzstan (+26.0% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, with a decrease of -63.8% against the previous year. In general, the import price recorded a noticeable descent. The growth pace was the most rapid in 2019 when the import price increased by 63% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre chopped strands in Central Asia?

Kyrgyzstan constituted the country with the largest volume of glass fibre chopped strand consumption, accounting for 94% of total volume. Moreover, glass fibre chopped strand consumption in Kyrgyzstan exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold.

What are the largest producers of glass fibre chopped strands in Central Asia?

Kyrgyzstan constituted the country with the largest volume of glass fibre chopped strand production, comprising approx. 100% of total volume.

What is the average export price for glass fibre chopped strands in Central Asia?

The glass fibre chopped strand export price in Central Asia stood at $897 per ton in 2021, reducing by -75.7% against the previous year.

What is the average import price for glass fibre chopped strands in Central Asia?

The glass fibre chopped strand import price in Central Asia stood at $1,446 per ton in 2021, picking up by 5.4% against the previous year.

This report provides an in-depth analysis of the market for glass fibre chopped strand 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)

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