Central Asia: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Central Asia

The Central Asian ethylene polymer rigid pipes market expanded markedly to $X in 2021, growing by 6.3% against the previous year. The total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Central Asia

In value terms, ethylene polymer rigid pipes production stood at $X in 2021 estimated in export price. In general, production, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2016 with an increase of 84%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports in Central Asia

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene exported in Central Asia soared to X tons, picking up by 121% on the year before. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 387% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, ethylene polymer rigid pipes exports surged to $X in 2021. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 299% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Turkmenistan prevails in exports structure, amounting to X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Kazakhstan (X tons), mixing up a 9.7% share of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

Turkmenistan was also the fastest-growing in terms of the rigid tubes, pipes and hoses of polymers of ethylene exports, with a CAGR of +182.8% from 2012 to 2021. At the same time, Kazakhstan (+41.5%) displayed positive paces of growth. By contrast, Uzbekistan (-15.7%) illustrated a downward trend over the same period. Turkmenistan (+88 p.p.) and Uzbekistan (+2 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -50.6% from 2012 to 2021, respectively.

In value terms, Turkmenistan ($X) remains the largest ethylene polymer rigid pipes supplier in Central Asia, comprising 65% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 29% share of total exports.

In Turkmenistan, ethylene polymer rigid pipes exports increased at an average annual rate of +148.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+42.1% per year) and Uzbekistan (-8.3% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, dropping by -20.1% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($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 (+8.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports in Central Asia

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported in Central Asia; picking up by 37% against 2020. In general, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2014 when imports increased by 83% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports surged to $X in 2021. Over the period under review, imports, however, saw a perceptible decrease. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of ethylene polymer rigid pipes imports in 2021 were Kazakhstan (X tons), Uzbekistan (X tons) and Turkmenistan (X tons), together accounting for 85% of total import. It was distantly followed by Kyrgyzstan (X tons) and Tajikistan (X tons), together creating a 12% share 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 Uzbekistan (with a CAGR of +17.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 87% of total imports.

Uzbekistan, with a CAGR of +35.8%, recorded the highest growth rate of the value of imports, in terms of 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, picking up by 35% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($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 (+15.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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