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Report Central Asia - Magnesite - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Magnesite - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Magnesite Market 2024

Magnesite Market Size in Central Asia

The Central Asian magnesite market plummeted to $X in 2021, dropping by -76.5% against the previous year. Over the period under review, consumption showed a abrupt setback. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Magnesite Production in Central Asia

In value terms, magnesite production reduced slightly to $X in 2021 estimated in export price. Overall, production showed a noticeable setback. The pace of growth was the most pronounced in 2017 with an increase of 5.5% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Magnesite Exports

Exports in Central Asia

For the third consecutive year, Central Asia recorded growth in overseas shipments of magnesite, which increased by 327% to X tons in 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, magnesite exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, jumping by 17% against the previous year. Export price indicated significant growth from 2019 to 2021: its price increased at an average annual rate of +21.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, magnesite export price increased by +47.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 26%. Over the period under review, the export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while Kyrgyzstan amounted to $X per ton.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+27.9%).

Magnesite Imports

Imports in Central Asia

In 2021, approx. X tons of magnesite were imported in Central Asia; with a decrease of -32.5% compared with the previous year. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of 142%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, magnesite imports shrank rapidly to $X in 2021. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 275%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) prevails in imports structure, together generating 95% of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +32.2%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported magnesite in Central Asia, comprising 53% of total imports. The second position in the ranking was held by Tajikistan ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +22.7%. In the other countries, the average annual rates were as follows: Tajikistan (-53.8% per year) and Uzbekistan (-49.7% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, with a decrease of -2.3% against the previous year. In general, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 69%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+39.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan constituted the country with the largest volume of magnesite consumption, accounting for 67% of total volume. Moreover, magnesite consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, twofold.
Turkmenistan remains the largest magnesite producing country in Central Asia, comprising approx. 100% of total volume.
In value terms, Kazakhstan constitutes the largest market for imported magnesite in Central Asia, comprising 88% of total imports. The second position in the ranking was occupied by Uzbekistan, with an 8% share of total imports.
In 2020, the magnesite export price in Central Asia amounted to $46 per ton, jumping by 343% against the previous year.
In 2020, the magnesite import price in Central Asia amounted to $486 per ton, falling by -3.5% against the previous year.

This report provides an in-depth analysis of the magnesite market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • UNCode 16390-1 - Magnesite

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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