Central Asia: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Central Asia

The Central Asian non-electric roasting furnace market stood at $X in 2022, approximately reflecting the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.5% against 2019 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Electric Roasting Furnace Production in Central Asia

In value terms, non-electric roasting furnace production reached $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.2% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 54%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Non-Electric Roasting Furnace Exports

Exports in Central Asia

In 2022, shipments abroad of non-electric furnaces and ovens for the roasting or melting decreased by 0% to X units, falling for the second consecutive year after three years of growth. In general, exports recorded a notable expansion. The pace of growth was the most pronounced in 2014 when exports increased by 400% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports surged to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 17,873%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Kazakhstan (X units) and Kyrgyzstan (X units) represented the main exporters of non-electric furnaces and ovens for the roasting or melting in Central Asia, together committing 80% of total exports. It was distantly followed by Uzbekistan (X units), constituting a 20% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kyrgyzstan (with a CAGR of +7.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Kazakhstan ($X) emerged as the largest non-electric roasting furnace supplier in Central Asia, comprising 97% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 1.8% share of total exports.

In Kazakhstan, non-electric roasting furnace exports expanded at an average annual rate of +27.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-4.6% per year) and Uzbekistan (0.0% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, growing by 2,323% against the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2018 when the export price increased by 5,891% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+33.2%).

Non-Electric Roasting Furnace Imports

Imports in Central Asia

After three years of growth, purchases abroad of non-electric furnaces and ovens for the roasting or melting decreased by -37.8% to X units in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 113%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-electric roasting furnace imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2013 with an increase of 197% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Uzbekistan was the main importer of non-electric furnaces and ovens for the roasting or melting in Central Asia, with the volume of imports accounting for X units, which was near 61% of total imports in 2022. Turkmenistan (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (8.9%) and Kazakhstan (5.8%). The following importers - Mongolia (X units) and Tajikistan (X units) - together made up 7.6% of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electric roasting furnace imports into Uzbekistan stood at +14.2%. At the same time, Turkmenistan (+43.9%), Kyrgyzstan (+20.9%) and Tajikistan (+13.3%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +43.9% from 2012-2022. By contrast, Mongolia (-1.8%) and Kazakhstan (-9.2%) illustrated a downward trend over the same period. While the share of Uzbekistan (+61 p.p.), Turkmenistan (+15 p.p.) and Kyrgyzstan (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mongolia (-18.6 p.p.) and Kazakhstan (-59.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported non-electric furnaces and ovens for the roasting or melting in Central Asia, comprising 76% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 16% share of total imports. It was followed by Mongolia, with a 2.4% share.

In Uzbekistan, non-electric roasting furnace imports expanded at an average annual rate of +16.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+0.9% per year) and Mongolia (-1.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, rising by 162% against the previous year. In general, the import price enjoyed tangible growth. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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