Central Asia: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Central Asia

In 2021, the Central Asian market for iron or steel flat spiral or discs springs decreased by -12.7% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then declined in the following year.

Production of Iron or Steel Flat Spiral or Discs Springs in Central Asia

In value terms, metal spiral or discs spring production shrank to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 49%. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports in Central Asia

In 2021, approx. X tons of iron or steel flat spiral or discs springs were exported in Central Asia; growing by 18% compared with 2020. Overall, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2016 when exports increased by 221%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal spiral or discs spring exports shrank sharply to $X in 2021. In general, exports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2016 with an increase of 369% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan was the key exporter of iron or steel flat spiral or discs springs in Central Asia, with the volume of exports accounting for X tons, which was near 81% of total exports in 2021. Uzbekistan (X kg) ranks second in terms of the total exports with a 12% share, followed by Kyrgyzstan (5.8%).

From 2012 to 2021, average annual rates of growth with regard to metal spiral or discs spring exports from Kazakhstan stood at -2.9%. At the same time, Uzbekistan (+20.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +20.1% from 2012-2021. By contrast, Kyrgyzstan (-17.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+12 p.p.) and Kazakhstan (+7.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kyrgyzstan (-17.8 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest metal spiral or discs spring supplier in Central Asia, comprising 73% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 13% share of total exports.

In Kazakhstan, metal spiral or discs spring exports declined by an average annual rate of -3.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (+6.2% per year) and Uzbekistan (-9.9% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, falling by -31.7% against the previous year. Overall, the export price, however, showed a perceptible expansion. The growth pace was the most rapid in 2013 an increase of 76%. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($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 (+29.3%), while the other leaders experienced a decline in the export price figures.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports in Central Asia

In 2021, supplies from abroad of iron or steel flat spiral or discs springs decreased by -24.5% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 98%. The volume of import peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, metal spiral or discs spring imports shrank significantly to $X in 2021. In general, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 258%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan represented the major importing country with an import of about X tons, which resulted at 55% of total imports. It was distantly followed by Uzbekistan (X tons) and Turkmenistan (X tons), together making up a 37% share of total imports. The following importers - Tajikistan (X tons) and Kyrgyzstan (X tons) - each recorded a 7.6% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, Uzbekistan (+103.5%) and Turkmenistan (+14.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +103.5% from 2012-2021. By contrast, Tajikistan (-11.6%) and Kyrgyzstan (-22.8%) illustrated a downward trend over the same period. While the share of Uzbekistan (+28 p.p.), Kazakhstan (+7.6 p.p.) and Turkmenistan (+6.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Tajikistan (-7.6 p.p.) and Kyrgyzstan (-34.1 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported iron or steel flat spiral or discs springs in Central Asia, comprising 58% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 28% share of total imports. It was followed by Turkmenistan, with a 5.8% share.

In Uzbekistan, metal spiral or discs spring imports increased at an average annual rate of +98.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-5.4% per year) and Turkmenistan (+9.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, increasing by 5.6% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal spiral or discs spring import price decreased by -25.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 81% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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