Central Asia: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Central Asia

In 2021, the Central Asian metal pickling preparations market increased by 1.2% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Metal Pickling Preparations Production in Central Asia

In value terms, metal pickling preparations production dropped modestly to $X in 2021 estimated in export price. The total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +7.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Metal Pickling Preparations Exports

Exports in Central Asia

In 2021, exports of pickling preparations for metal surfaces in Central Asia fell markedly to X tons, dropping by -15% on 2020 figures. Over the period under review, exports, however, saw perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 575%. As a result, the exports attained the peak of X tons, and then fell significantly in the following year.

In value terms, metal pickling preparations exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 340%. 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 dominates exports structure, accounting for X tons, which was approx. 90% of total exports in 2021. It was distantly followed by Uzbekistan (X tons) and Kyrgyzstan (X tons), together mixing up a 9.8% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal pickling preparations exports from Kazakhstan stood at +4.5%. At the same time, Uzbekistan (+10.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +10.9% from 2012-2021. By contrast, Kyrgyzstan (-12.0%) illustrated a downward trend over the same period. Kazakhstan (+12 p.p.) and Uzbekistan (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by -14.1% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest metal pickling preparations supplier in Central Asia, comprising 80% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-2.7% per year) and Uzbekistan (-4.4% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, rising by 50% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2015 an increase of 55% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+10.5%), while the other leaders experienced a decline in the export price figures.

Metal Pickling Preparations Imports

Imports in Central Asia

In 2021, purchases abroad of pickling preparations for metal surfaces increased by 52% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 149% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal pickling preparations imports soared to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) prevails in imports structure, together achieving 96% of total imports. Mongolia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mongolia (with a CAGR of +11.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal pickling preparations importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined 97% share of total imports.

Uzbekistan, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with an increase of 26% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+26.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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