Central Asia: Market for Process Control, Gate, Globe and Other Valves 2024

Exports of Process Control, Gate, Globe and Other Valves

Exports in Central Asia

Exports of process control, gate, globe and other valves contracted to X tons in 2022, waning by -8.5% compared with the year before. Over the period under review, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2016 with an increase of 155% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of process control, gate, globe and other valves shrank to $X in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 115% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan represented the main exporting country with an export of about X tons, which recorded 71% of total exports. It was distantly followed by Uzbekistan (X tons), constituting a 28% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to process control, gate, globe and other valves exports from Kazakhstan stood at -32.0%. At the same time, Uzbekistan (+39.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +39.0% from 2012-2022. Uzbekistan (+28 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -28.6% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest process control, gate, globe and other valves supplier in Central Asia, comprising 68% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to -30.8%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, increasing by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 33%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.5%).

Imports of Process Control, Gate, Globe and Other Valves

Imports in Central Asia

Imports of process control, gate, globe and other valves rose modestly to X tons in 2022, picking up by 3.4% compared with 2021. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of process control, gate, globe and other valves reduced to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 31%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Kazakhstan represented the key importer of process control, gate, globe and other valves in Central Asia, with the volume of imports reaching X tons, which was near 56% of total imports in 2022. It was distantly followed by Uzbekistan (X tons) and Turkmenistan (X tons), together creating a 37% share of total imports. Kyrgyzstan (X tons), Tajikistan (X tons) and Mongolia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported process control, gate, globe and other valves in Central Asia, comprising 71% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 17% share of total imports. It was followed by Turkmenistan, with a 5.2% share.

In Kazakhstan, imports of process control, gate, globe and other valves remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+22.6% per year) and Turkmenistan (-11.6% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, declining by -10% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by 12%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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