Central Asia: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Central Asia

In 2021, the Central Asian solid vulcanised rubber sheet market increased by 20% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, saw a deep setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Central Asia

In value terms, solid vulcanised rubber sheet production declined to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in Central Asia

After four years of growth, overseas shipments of plates, sheets, strips for floor covering of solid vulcanised rubber decreased by -48.5% to X tons in 2021. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 327% against the previous year. The volume of export peaked at X tons in 2020, and then fell sharply in the following year.

In value terms, solid vulcanised rubber sheet exports rose remarkably to $X in 2021. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 235%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, accounting for X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Uzbekistan (X tons), mixing up a 7.6% share of total exports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the plates, sheets, strips for floor covering of solid vulcanised rubber exports, with a CAGR of +29.5% from 2012 to 2021. At the same time, Kyrgyzstan (+27.8%) and Uzbekistan (+7.7%) displayed positive paces of growth. From 2012 to 2021, the share of Kazakhstan increased by +23 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) emerged as the largest solid vulcanised rubber sheet supplier in Central Asia, comprising 97% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan stood at +27.9%. In the other countries, the average annual rates were as follows: Uzbekistan (+3.7% per year) and Kyrgyzstan (+22.5% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, jumping by 109% against the previous year. Overall, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2016; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.2%), while the other leaders experienced a decline in the export price figures.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in Central Asia

In 2021, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were imported in Central Asia; rising by 32% on 2020 figures. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 45% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 47% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X tons) was the main importer of plates, sheets, strips for floor covering of solid vulcanised rubber, committing 59% of total imports. It was distantly followed by Uzbekistan (X tons), Mongolia (X tons) and Turkmenistan (X tons), together mixing up a 35% share of total imports. Kyrgyzstan (X tons) and Tajikistan (X tons) took a relatively small share of total imports.

Imports into Kazakhstan increased at an average annual rate of +5.0% from 2012 to 2021. At the same time, Uzbekistan (+24.2%) and Kyrgyzstan (+3.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +24.2% from 2012-2021. Tajikistan experienced a relatively flat trend pattern. By contrast, Mongolia (-6.1%) and Turkmenistan (-13.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan and Kazakhstan increased by +18 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported plates, sheets, strips for floor covering of solid vulcanised rubber in Central Asia, comprising 60% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 23% share of total imports. It was followed by Mongolia, with a 7.6% share.

In Kazakhstan, solid vulcanised rubber sheet imports increased at an average annual rate of +3.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+19.4% per year) and Mongolia (-2.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, growing by 2.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by 17% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mongolia ($X per ton), while Tajikistan ($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 (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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