Central Asia: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Central Asia

After four years of growth, the Central Asian vulcanised cellular rubber articles market decreased by -6.4% to $X in 2021. The total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.8% against 2016 indices. Over the period under review, the market reached the peak level at $X in 2020, and then fell in the following year.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Central Asia

In value terms, vulcanised cellular rubber articles production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced contraction. The growth pace was the most rapid in 2019 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in Central Asia

In 2021, approx. X tons of vulcanised cellular rubber articles for technical uses were exported in Central Asia; reducing by -20.2% on 2020 figures. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 465% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vulcanised cellular rubber articles exports rose remarkably to $X in 2021. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 287% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan dominates exports structure, resulting at X tons, which was approx. 98% of total exports in 2021. Uzbekistan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the vulcanised cellular rubber articles for technical uses exports, with a CAGR of +42.6% from 2012 to 2021. Uzbekistan (-26.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan increased by +86 percentage points.

In value terms, Kazakhstan ($X) remains the largest vulcanised cellular rubber articles supplier in Central Asia, comprising 97% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 2.4% share of total exports.

In Kazakhstan, vulcanised cellular rubber articles exports increased at an average annual rate of +46.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, growing by 40% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced setback. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($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 Kazakhstan (+2.5%).

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in Central Asia

In 2021, purchases abroad of vulcanised cellular rubber articles for technical uses decreased by -52% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 743% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then declined markedly in the following year.

In value terms, vulcanised cellular rubber articles imports declined dramatically to $X in 2021. Over the period under review, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 367%. The level of import peaked at $X in 2020, and then plummeted in the following year.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates imports structure, together comprising 87% of total imports. It was distantly followed by Turkmenistan (X tons), committing a 7.9% share of total imports. Kyrgyzstan (X tons) and Tajikistan (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 key importing countries, was attained by Kyrgyzstan (with a CAGR of +40.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported vulcanised cellular rubber articles for technical uses in Central Asia, comprising 65% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 28% share of total imports. It was followed by Turkmenistan, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +6.8%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (-14.0% per year) and Turkmenistan (-0.3% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, rising by 75% against the previous year. Import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vulcanised cellular rubber articles import price increased by +75.8% against 2019 indices. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($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 (+11.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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