Central Asia: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Exports

Exports in Central Asia

Assembled parquet panels exports shrank significantly to X tons in 2021, declining by -30.7% against 2020. Over the period under review, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2015 with an increase of 289%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, assembled parquet panels exports dropped notably to $X in 2021. In general, exports faced a precipitous decline. The growth pace was the most rapid in 2015 when exports increased by 284%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan was the main exporting country with an export of around X tons, which amounted to 78% of total exports. It was distantly followed by Mongolia (X kg), creating an 18% share of total exports. Tajikistan (X kg) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to assembled parquet panels exports from Kazakhstan stood at -24.7%. Tajikistan experienced a relatively flat trend pattern. Mongolia (-37.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mongolia and Tajikistan increased by +18 and +4 percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest assembled parquet panels supplier in Central Asia, comprising 88% of total exports. The second position in the ranking was taken by Mongolia ($X), with an 8.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan stood at -27.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Mongolia (-10.4% per year) and Tajikistan (0.0% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, with a decrease of -67.3% against the previous year. Overall, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the export price increased by 159%. Over the period under review, the export prices attained the maximum at $X per ton in 2020, and then contracted remarkably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+42.3%).

Assembled Parquet Panels Imports

Imports in Central Asia

In 2021, assembled parquet panels imports in Central Asia expanded sharply to X tons, with an increase of 11% compared with 2020. Overall, imports, however, showed a noticeable descent. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, assembled parquet panels imports surged to $X in 2021. Total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.8% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by 25% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan was the largest importer of assembled parquet panels in Central Asia, with the volume of imports accounting for X tons, which was near 65% of total imports in 2021. It was distantly followed by Mongolia (X tons), Turkmenistan (X tons) and Uzbekistan (X tons), together comprising a 33% share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of assembled parquet panels. At the same time, Mongolia (+4.1%) and Uzbekistan (+1.3%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +4.1% from 2012-2021. By contrast, Turkmenistan (-15.2%) illustrated a downward trend over the same period. Kazakhstan (+15 p.p.) and Mongolia (+8.9 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -17.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported assembled parquet panels in Central Asia, comprising 62% of total imports. The second position in the ranking was held by Mongolia ($X), with a 19% share of total imports. It was followed by Turkmenistan, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan stood at +1.9%. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+8.0% per year) and Turkmenistan (-3.1% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, rising by 8.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2013 when the import price increased by 14% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+14.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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