Central Asia: Market for Wire Rod Used For Concrete Reinforcing 2022

Exports of Wire Rod Used For Concrete Reinforcing

Exports in Central Asia

In 2021, after four years of growth, there was significant decline in shipments abroad of wire rod used for concrete reinforcing, when their volume decreased by -X% to X tons. Overall, exports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, concrete reinforcing wire rod exports fell dramatically to $X in 2021. In general, exports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then shrank remarkably in the following year.

Exports by Country

Kazakhstan dominates exports structure, resulting at X tons, which was near X% of total exports in 2021. Uzbekistan (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to concrete reinforcing wire rod exports from Kazakhstan stood at +X%. At the same time, Kyrgyzstan (+X%) and Uzbekistan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2012-2021. While the share of Uzbekistan (+X p.p.) and Kyrgyzstan (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest concrete reinforcing wire rod supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with an X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+X% per year) and Kyrgyzstan (+X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting 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 (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Wire Rod Used For Concrete Reinforcing

Imports in Central Asia

In 2021, supplies from abroad of wire rod used for concrete reinforcing increased by X% to X tons, rising for the fifth year in a row after three years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, concrete reinforcing wire rod imports skyrocketed to $X in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) represented the largest importers of wire rod used for concrete reinforcing in 2021, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Mongolia (X tons), committing a X% share of total imports. The following importers - Turkmenistan (X tons), Tajikistan (X tons) and Kyrgyzstan (X tons) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were in Mongolia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete reinforcing wire rod importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Mongolia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, recorded a slight slump. The level of import peaked at $X per ton in 2012; however, from 2013 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 Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform