Central Asia: Safety Glass Market 2024

Safety Glass Market Size in Central Asia

The Central Asian safety glass market reduced to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Safety Glass Production in Central Asia

In value terms, safety glass production reduced to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.6% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 34% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Safety Glass Exports

Exports in Central Asia

In 2022, the amount of safety glass exported in Central Asia surged to X square meters, increasing by 162% on the previous year. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, safety glass exports surged to $X in 2022. In general, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan was the largest exporting country with an export of around X square meters, which reached 76% of total exports. It was distantly followed by Uzbekistan (X square meters), making up a 22% share of total exports. Tajikistan (X square meters) followed a long way behind the leaders.

Exports from Kazakhstan increased at an average annual rate of +15.4% from 2012 to 2022. At the same time, Uzbekistan (+70.2%) and Tajikistan (+27.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +70.2% from 2012-2022. Uzbekistan (+22 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -17.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest safety glass supplier in Central Asia, comprising 62% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 31% share of total exports.

In Kazakhstan, safety glass exports expanded at an average annual rate of +9.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+54.7% per year) and Tajikistan (+15.8% per year).

Export Prices by Country

The export price in Central Asia stood at $X per square meter in 2022, with a decrease of -19.5% against the previous year. Over the period under review, the export price saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 an increase of 60%. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tajikistan ($X per square meter), while Kazakhstan ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-4.9%), while the other leaders experienced a decline in the export price figures.

Safety Glass Imports

Imports in Central Asia

In 2022, imports of safety glass in Central Asia contracted to X square meters, falling by -8.7% on the previous year's figure. Over the period under review, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 46%. Over the period under review, imports attained the maximum at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, safety glass imports skyrocketed to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 45%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan (X square meters) and Mongolia (X square meters) represented roughly 74% of total imports in 2022. It was distantly followed by Uzbekistan (X square meters), Tajikistan (X square meters) and Kyrgyzstan (X square meters), together constituting a 25% share of total imports. Turkmenistan (X square meters) took a little share of total imports.

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 +15.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported safety glass in Central Asia, comprising 60% of total imports. The second position in the ranking was held by Mongolia ($X), with a 13% share of total imports. It was followed by Uzbekistan, with an 11% share.

In Kazakhstan, safety glass imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+5.3% per year) and Uzbekistan (+21.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per square meter in 2022, increasing by 49% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. 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 2022, amid the top importers, the country with the highest price was Turkmenistan ($X per square meter), while Mongolia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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