Central Asia: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Central Asia

The Central Asian pyrotechnic articles market dropped dramatically to $X in 2021, declining by -51.9% against the previous year. In general, consumption faced a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Production in Central Asia

In value terms, pyrotechnic articles production reduced remarkably to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 268% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Pyrotechnic Articles Exports

Exports in Central Asia

In 2021, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles was finally on the rise to reach X kg after two years of decline. Overall, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by 12,716%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, pyrotechnic articles exports soared to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 20,289%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of signalling flares, rain rockets, fog signals and other pyrotechnic articles, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the signalling flares, rain rockets, fog signals and other pyrotechnic articles exports, with a CAGR of -17.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest pyrotechnic articles supplier in Central Asia.

In Kazakhstan, pyrotechnic articles exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, picking up by 53% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2013 when the export price increased by 244% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +22.0% per year.

Pyrotechnic Articles Imports

Imports in Central Asia

After three years of growth, supplies from abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles decreased by -83.4% to X tons in 2021. Overall, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2019 when imports increased by 42%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, pyrotechnic articles imports fell remarkably to $X in 2021. Over the period under review, imports faced a sharp shrinkage. The growth pace was the most rapid in 2019 with an increase of 110%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Tajikistan was the key importer of signalling flares, rain rockets, fog signals and other pyrotechnic articles in Central Asia, with the volume of imports accounting for X tons, which was near 51% of total imports in 2021. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Mongolia (X tons) and Turkmenistan (X tons). All these countries together held near 45% share of total imports. Uzbekistan (X kg) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mongolia (with a CAGR of +4.5%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Tajikistan ($X) constitutes the largest market for imported signalling flares, rain rockets, fog signals and other pyrotechnic articles in Central Asia, comprising 54% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 24% share of total imports. It was followed by Kazakhstan, with a 13% share.

In Tajikistan, pyrotechnic articles imports contracted by an average annual rate of -7.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+18.7% per year) and Kazakhstan (-35.4% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, shrinking by -6.4% against the previous year. Import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pyrotechnic articles import price decreased by -14.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by 48% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, 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 ($X per ton), while Kazakhstan ($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 (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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