Central Asia: Slate Market 2024

Slate Market Size in Central Asia

The Central Asian slate market stood at $X in 2021, surging by 2.3% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Slate Production in Central Asia

In value terms, slate production expanded slightly to $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 29%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Slate Exports

Exports in Central Asia

In 2021, shipments abroad of slate decreased by -1.1% to X tons, falling for the fourth year in a row after two years of growth. In general, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2014 with an increase of 8.1% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, slate exports declined slightly to $X in 2021. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the slate exports, with a CAGR of -2.4% 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 slate supplier in Central Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at -5.4%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 27%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 -3.1% per year.

Slate Imports

Imports in Central Asia

Slate imports contracted dramatically to X tons in 2021, waning by -33.2% on the year before. Overall, imports faced a sharp slump. The growth pace was the most rapid in 2015 when imports increased by 429%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, slate imports shrank dramatically to $X in 2021. Over the period under review, imports faced a precipitous slump. The growth pace was the most rapid in 2018 with an increase of 189%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Kyrgyzstan represented the main importer of slate in Central Asia, with the volume of imports recording X tons, which was near 82% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), committing a 12% share of total imports. The following importers - Turkmenistan (X kg) and Mongolia (X kg) - together made up 5.8% of total imports.

Kyrgyzstan was also the fastest-growing in terms of the slate imports, with a CAGR of +27.0% from 2012 to 2021. Mongolia (-11.5%), Turkmenistan (-15.7%) and Kazakhstan (-38.7%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+81 p.p.), Turkmenistan (+2 p.p.) and Mongolia (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-84.5 p.p.) displayed negative dynamics.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported slate in Central Asia, comprising 67% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 20% share of total imports. It was followed by Turkmenistan, with a 7.8% share.

In Kyrgyzstan, slate imports expanded at an average annual rate of +18.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-33.7% per year) and Turkmenistan (+4.1% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, with a decrease of -12% against the previous year. Overall, the import price, however, saw tangible growth. The pace of growth was the most pronounced in 2018 when the import price increased by 779% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+23.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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