Central Asia: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Central Asia

The Central Asian cement prefabricated structural components market reduced to $X in 2021, which is down by -6% against the previous year. Overall, consumption, however, enjoyed a strong expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Central Asia

In value terms, cement prefabricated structural components production reduced modestly to $X in 2021 estimated in export price. In general, production, however, showed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 214% against the previous year. The level of production peaked at $X in 2020, and then shrank in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in Central Asia

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were exported in Central Asia; dropping by -62.2% compared with the year before. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2015 when exports increased by 684%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports reduced markedly to $X in 2021. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 155%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of prefabricated structural components of cement, concrete or artificial stone, namely Uzbekistan, represented more than two-thirds of total export.

Uzbekistan was also the fastest-growing in terms of the prefabricated structural components of cement, concrete or artificial stone exports, with a CAGR of +23.0% from 2012 to 2021. While the share of Uzbekistan (+96 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest cement prefabricated structural components supplier in Central Asia.

From 2012 to 2021, the average annual growth rate of value in Uzbekistan totaled +16.6%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, picking up by 2.3% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 192%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2021, the rate of growth in terms of prices for Uzbekistan amounted to -4.9% per year.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in Central Asia

After two years of decline, overseas purchases of prefabricated structural components of cement, concrete or artificial stone increased by 32% to X tons in 2021. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cement prefabricated structural components imports surged to $X in 2021. In general, imports, however, recorded a abrupt descent. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) was the largest importer of prefabricated structural components of cement, concrete or artificial stone, comprising 72% of total imports. Mongolia (X tons) ranks second in terms of the total imports with a 19% share, followed by Uzbekistan (5.3%). Kyrgyzstan (X tons) took a minor share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -1.5% from 2012 to 2021. At the same time, Kyrgyzstan (+14.3%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +14.3% from 2012-2021. By contrast, Uzbekistan (-7.6%) and Mongolia (-24.3%) illustrated a downward trend over the same period. Kazakhstan (+46 p.p.), Uzbekistan (+5.3 p.p.) and Kyrgyzstan (+3.4 p.p.) significantly strengthened its position in terms of the total imports, while Mongolia saw its share reduced by -53.6% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported prefabricated structural components of cement, concrete or artificial stone in Central Asia, comprising 84% of total imports. The second position in the ranking was taken by Mongolia ($X), with an 8.5% share of total imports. It was followed by Uzbekistan, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan was relatively modest. In the other countries, the average annual rates were as follows: Mongolia (-23.6% per year) and Uzbekistan (+3.6% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, growing by 47% against the previous year. In general, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+12.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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