Central Asia: Insulating Board Market 2025

Insulating Board Market Size in Central Asia

The Central Asian insulating board market soared to $X in 2022, with an increase of 141% against the previous year. In general, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Insulating Board Production in Central Asia

In value terms, insulating board production stood at $X in 2022 estimated in export price. Over the period under review, production enjoyed measured growth. The growth pace was the most rapid in 2017 when the production volume increased by 72% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Insulating Board Exports

Exports in Central Asia

In 2022, approx. X cubic meters of insulating board were exported in Central Asia; waning by -97.7% against 2021 figures. In general, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2019 when exports increased by 172%. Over the period under review, the exports attained the maximum at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, insulating board exports dropped markedly to $X in 2022. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2015 when exports increased by 112% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan was the key exporting country with an export of about X cubic meters, which finished at 67% of total exports. It was distantly followed by Uzbekistan (X cubic meters), constituting a 33% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of 0.0%).

In value terms, Kazakhstan ($X) remains the largest insulating board supplier in Central Asia, comprising 71% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 29% share of total exports.

In Kazakhstan, insulating board exports contracted by an average annual rate of -36.4% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per cubic meter in 2022, growing by 8.1% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 77%. As a result, the export price reached the peak level of $X per cubic meter. From 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per cubic meter), while Uzbekistan stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (-1.2%).

Insulating Board Imports

Imports in Central Asia

In 2022, the amount of insulating board imported in Central Asia declined to X cubic meters, remaining stable against 2021 figures. In general, imports showed a mild downturn. The most prominent rate of growth was recorded in 2015 with an increase of 72%. The volume of import peaked at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, insulating board imports declined notably to $X in 2022. Over the period under review, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 76% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Turkmenistan represented the key importing country with an import of around X cubic meters, which recorded 56% of total imports. It was distantly followed by Kazakhstan (X cubic meters), making up a 37% share of total imports. The following importers - Tajikistan (X cubic meters) and Uzbekistan (X cubic meters) - together made up 6.8% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of +18.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkmenistan ($X), Kazakhstan ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2022, with a combined 93% share of total imports.

In terms of the main importing countries, Turkmenistan, with a CAGR of +13.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per cubic meter, falling by -15.4% against the previous year. Overall, the import price recorded a slight curtailment. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. The level of import peaked at $X per cubic meter in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per cubic meter), while Turkmenistan ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+11.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :