Central Asia: Metal Polishes Market 2020

Metal Polishes Market Size in Central Asia

The revenue of the metal polishes market in Central Asia amounted to $X in 2017, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The metal polishes consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the metal polishes market attained its maximum level of $X in 2016, and then declined slightly in the following year.

Metal Polishes Exports in Central Asia

In 2017, the amount of metal polishes exported in Central Asia stood at X tons, shrinking by -X% against the previous year. The metal polishes exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the metal polishes exports reached its maximum volume of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, metal polishes exports totaled $X in 2017. The metal polishes exports continue to indicate an abrupt decline. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Metal Polishes Exports by Country in Central Asia

Kyrgyzstan dominates metal polishes exports structure, amounting to X tons, which was approx. X% of total exports in 2017. Kazakhstan (X kg) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to metal polishes exports from Kyrgyzstan stood at -X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. Kyrgyzstan (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) remains the largest metal polishes supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Kyrgyzstan amounted to -X%.

Metal Polishes Export Prices by Country in Central Asia

In 2017, the metal polishes export price in Central Asia amounted to $X per ton, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Kazakhstan ($X per kg), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (+X% per year).

Metal Polishes Imports in Central Asia

In 2017, the amount of metal polishes imported in Central Asia stood at X tons, coming down by -X% against the previous year. The metal polishes imports continue to indicate an abrupt setback. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the metal polishes imports attained its peak figure volume of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, metal polishes imports stood at $X in 2017. The metal polishes imports continue to indicate a measured curtailment. Over the period under review, the metal polishes imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Metal Polishes Imports by Country in Central Asia

In 2017, Kazakhstan (X tons) was the major importer for metal polishes, mixed up X% of total imports. Mongolia (X tons) ranks second in terms of the global imports with a X% share, followed by Kyrgyzstan (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mongolia (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported metal polishes in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, metal polishes imports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (-X% per year).

Metal Polishes Import Prices by Country in Central Asia

In 2017, the metal polishes import price in Central Asia amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton), while Mongolia ($X per ton) and Kyrgyzstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mongolia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform