Central Asia: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Central Asia

In 2021, the Central Asian iron or steel towers market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Iron Or Steel Towers And Lattice Masts in Central Asia

In value terms, iron or steel towers production rose markedly to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.6% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports in Central Asia

In 2021, the amount of iron or steel towers and lattice masts exported in Central Asia soared to X tons, picking up by 804% against the year before. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel towers exports soared to $X in 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of iron or steel towers and lattice masts, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the iron or steel towers and lattice masts exports, with a CAGR of +45.7% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest iron or steel towers supplier in Central Asia.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to +56.2%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, rising by 4.8% against the previous year. Overall, the export price posted a resilient increase. The growth pace was the most rapid in 2014 when the export price increased by 139% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +7.2% per year.

Imports of Iron Or Steel Towers And Lattice Masts

Imports in Central Asia

In 2021, the amount of iron or steel towers and lattice masts imported in Central Asia surged to X tons, rising by 100% on 2020 figures. Over the period under review, imports posted pronounced growth. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, iron or steel towers imports skyrocketed to $X in 2021. Overall, imports saw a slight expansion. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkmenistan was the key importer of iron or steel towers and lattice masts in Central Asia, with the volume of imports amounting to X tons, which was near 45% of total imports in 2021. It was distantly followed by Kyrgyzstan (X tons), Kazakhstan (X tons) and Uzbekistan (X tons), together committing a 49% share of total imports. The following importers - Tajikistan (X tons) and Mongolia (X tons) - together made up 6.3% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkmenistan (with a CAGR of +13.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkmenistan ($X), Kyrgyzstan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 82% share of total imports. These countries were followed by Uzbekistan, Tajikistan and Mongolia, which together accounted for a further 18%.

Tajikistan, with a CAGR of +9.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with an increase of 11% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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