Central Asia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Central Asia

The Central Asian market for tiles, flagstones and similar articles of cement, concrete or artificial stone expanded sharply to $X in 2021, growing by 8% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% 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 -7.0% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Central Asia

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded rapidly to $X in 2021 estimated in export price. In general, production saw a prominent increase. The growth pace was the most rapid in 2015 when the production volume increased by 61% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in Central Asia

In 2021, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 124% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2016 with an increase of 237%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 286% against the previous year. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan represented the main exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone in Central Asia, with the volume of exports amounting to X tons, which was approx. 80% of total exports in 2021. It was distantly followed by Kyrgyzstan (X tons), constituting a 20% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Kazakhstan stood at +26.6%. At the same time, Kyrgyzstan (+56.5%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +56.5% from 2012-2021. Kyrgyzstan (+16 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -8.9% from 2012 to 2021, respectively.

In value terms, Kyrgyzstan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Kyrgyzstan, with a CAGR of +80.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, increasing by 6.4% against the previous year. Over the period under review, the export price, however, saw a deep setback. The growth pace was the most rapid in 2015 when the export price increased by 145% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+15.3%).

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in Central Asia

In 2021, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of 158% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Over the period under review, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 194%. Over the period under review, imports of reached the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Mongolia represented the largest importing country with an import of around X tons, which amounted to 57% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 33% share, followed by Uzbekistan (6.4%). Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kazakhstan (with a CAGR of +4.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Mongolia ($X) and Uzbekistan ($X) constituted the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

Uzbekistan, with a CAGR of +14.0%, saw 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

In 2021, the import price in Central Asia amounted to $X per ton, growing by 6.2% against the previous year. Import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for tiles, flagstones and similar articles of cement, concrete or artificial stone increased by +77.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 46%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+34.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :