Central Asia: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports in Central Asia

In 2020, overseas shipments of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X tons for the first time since 2016, thus ending a three-year declining trend. In general, exports showed a pronounced expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir exports skyrocketed to $X in 2020. Over the period under review, exports recorded a mild contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2017 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Uzbekistan was the largest exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Central Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2020. Tajikistan (X tons) ranks second in terms of the total exports with a X% share, followed by Turkmenistan (X%) and Kazakhstan (X%). Kyrgyzstan (X tons) held a little share of total exports.

From 2007 to 2020, average annual rates of growth with regard to iron, steel or aluminium reservoir exports from Uzbekistan stood at +X%. At the same time, Tajikistan (+X%) and Turkmenistan (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2007-2020. By contrast, Kazakhstan (-X%) and Kyrgyzstan (-X%) illustrated a downward trend over the same period. Uzbekistan (+X p.p.) and Tajikistan (+X p.p.) significantly strengthened its position in terms of the total exports, while Turkmenistan, Kazakhstan and Kyrgyzstan saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, Uzbekistan ($X) emerged as the largest iron, steel or aluminium reservoir supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Uzbekistan amounted to +X%. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Tajikistan (+X% per year).

Export Prices by Country

In 2020, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Central Asia amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price showed a pronounced slump. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced a decline in the export price figures.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports in Central Asia

Iron, steel or aluminium reservoir imports shrank to X tons in 2020, declining by -X% on the previous year. Over the period under review, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir imports reduced rapidly to $X in 2020. In general, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) were the major importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers in 2020, recording near X% and X% of total imports, respectively. Mongolia (X tons) occupied the next position in the ranking, distantly followed by Tajikistan (X tons). All these countries together held near X% share of total imports. Turkmenistan (X tons) and Kyrgyzstan (X tons) held a little share of total imports.

From 2007 to 2020, the biggest increases were in Uzbekistan, while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest iron, steel or aluminium reservoir importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X), with a combined X% share of total imports.

Uzbekistan saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Central Asia stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2019 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton, and then declined sharply in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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