Central Asia: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Central Asia

The Central Asian market for plastics pipes and pipe fittings dropped modestly to $X in 2022, waning by -4% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +5.4% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Plastics Pipes And Pipe Fittings in Central Asia

In value terms, plastics pipe and pipe fitting production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 45% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Plastics Pipes And Pipe Fittings

Exports in Central Asia

In 2022, the amount of plastics pipes and pipe fittings exported in Central Asia reduced to X tons, which is down by -2.2% on 2021. Overall, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 81%. The volume of export peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, plastics pipe and pipe fitting exports rose to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Kazakhstan (X tons), Turkmenistan (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons) represented roughly 99.9% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkmenistan (with a CAGR of +81.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting supplying countries in Central Asia were Kazakhstan ($X), Turkmenistan ($X) and Uzbekistan ($X), with a combined 96% share of total exports.

Turkmenistan, with a CAGR of +63.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by 6% 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 2014 when the export price increased by 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.9%), while the other leaders experienced a decline in the export price figures.

Imports of Plastics Pipes And Pipe Fittings

Imports in Central Asia

In 2022, approx. X tons of plastics pipes and pipe fittings were imported in Central Asia; reducing by -12.4% on the year before. In general, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, plastics pipe and pipe fitting imports reduced modestly to $X in 2022. Overall, imports saw a slight reduction. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan represented the key importer of plastics pipes and pipe fittings in Central Asia, with the volume of imports recording X tons, which was approx. 41% of total imports in 2022. Uzbekistan (X tons) took a 24% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (11%), Turkmenistan (9.4%), Mongolia (7.7%) and Tajikistan (7.4%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +16.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported plastics pipes and pipe fittings in Central Asia, comprising 55% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 21% share of total imports. It was followed by Kyrgyzstan, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at -1.1%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+24.5% per year) and Kyrgyzstan (+7.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, rising by 9.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 17% against the previous year. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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