Central Asia: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Central Asia

In 2022, the Central Asian glass in the mass market was finally on the rise to reach $X after three years of decline. Overall, consumption enjoyed a pronounced expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Production of Glass in The Mass in Central Asia

In value terms, glass in the mass production soared to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 47%. Over the period under review, glass in mass production reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Exports of Glass in The Mass

Exports in Central Asia

In 2022, exports of glass in the mass in Central Asia fell to X tons, which is down by -7.3% against the previous year. In general, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 when exports increased by 348% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass in the mass exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 295% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Kazakhstan represented the major exporting country with an export of about X tons, which recorded 83% of total exports. Kyrgyzstan (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (5.1%).

Kazakhstan was also the fastest-growing in terms of the glass in the mass exports, with a CAGR of +34.0% from 2012 to 2022. Kyrgyzstan (-6.2%) and Uzbekistan (-6.4%) illustrated a downward trend over the same period. While the share of Kazakhstan (+66 p.p.) and Uzbekistan (+5.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (-71.5 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest glass in the mass supplier in Central Asia, comprising 91% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 6.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to +33.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-6.4% per year) and Uzbekistan (+24.1% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by 37% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the export price increased by 70% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+32.3%).

Imports of Glass in The Mass

Imports in Central Asia

In 2022, purchases abroad of glass in the mass increased by 1,008% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2017 when imports increased by 4,689% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, glass in the mass imports surged to $X in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of 355%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Kyrgyzstan dominates imports structure, amounting to X tons, which was near 92% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), making up a 6.7% share of total imports.

Kyrgyzstan was also the fastest-growing in terms of the glass in the mass imports, with a CAGR of +271.0% from 2012 to 2022. At the same time, Kazakhstan (+41.2%) displayed positive paces of growth. From 2012 to 2022, the share of Kyrgyzstan increased by +92 percentage points.

In value terms, Kazakhstan ($X) constitutes the largest market for imported glass in the mass in Central Asia, comprising 64% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 30% share of total imports.

In Kazakhstan, glass in the mass imports expanded at an average annual rate of +40.8% over the period from 2012-2022.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, dropping by -83.9% against the previous year. In general, the import price recorded a significant decline. The growth pace was the most rapid in 2020 when the import price increased by 424% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.3%).

Source: IndexBox Platform

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