Central Asia: Phosphate Rock Market 2022

Phosphate Rock Market Size in Central Asia

In 2020, the Central Asian phosphate rock market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Phosphate Rock Production in Central Asia

In value terms, phosphate rock production reached $X in 2020 estimated in export prices. Over the period under review, production showed a slight decrease. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth failed to regain the momentum.

Production By Country in Central Asia

Kazakhstan (X tons) remains the largest phosphate rock producing country in Central Asia, accounting for X% of total volume. Moreover, phosphate rock production in Kazakhstan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume in Kazakhstan amounted to +X%.

Phosphate Rock Exports

Exports in Central Asia

In 2020, overseas shipments of phosphate rock increased by X% to X tons, rising for the sixth year in a row after two years of decline. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. The volume of export peaked in 2020 and is likely to continue growth in the immediate term.

In value terms, phosphate rock exports declined to $X in 2020. Over the period under review, exports showed a resilient increase. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. The level of export peaked at $X in 2019, and then declined in the following year.

Exports by Country

Kazakhstan prevails in phosphate rock exports structure, amounting to X tons, which was approx. X% of total exports in 2020. It was distantly followed by Uzbekistan (X tons), mixing up an X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Uzbekistan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2007-2020. While the share of Uzbekistan (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest phosphate rock supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, phosphate rock exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the phosphate rock export price in Central Asia amounted to $X per ton, declining by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan.

Phosphate Rock Imports

Imports in Central Asia

Phosphate rock imports reduced to X tons in 2020, declining by -X% compared with the previous year's figure. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, phosphate rock imports skyrocketed to $X in 2020. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Turkmenistan prevails in phosphate rock imports structure, resulting at X tons, which was approx. X% of total imports in 2020. Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to phosphate rock imports into Turkmenistan stood at -X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. While the share of Kyrgyzstan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkmenistan ($X) constitutes the largest market for imported phosphate rock in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total imports.

In Turkmenistan, phosphate rock imports plunged by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

The phosphate rock import price in Central Asia stood at $X per ton in 2020, rising by X% against the previous year. Import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Kyrgyzstan ($X per ton), while Turkmenistan stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkmenistan.

Source: IndexBox Platform