Central Asia: Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury 2024

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Central Asia

In 2023, the Central Asian market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a perceptible descent. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Central Asia

In value terms, alkali and rare earth metals production expanded slightly to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports in Central Asia

After three years of growth, shipments abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to X tons in 2023. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2022, and then declined in the following year.

In value terms, alkali and rare earth metals exports fell to $X in 2023. Overall, exports, however, saw perceptible growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2022, and then dropped in the following year.

Exports by Country

Tajikistan dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Kyrgyzstan (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

Tajikistan was also the fastest-growing in terms of the alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports, with a CAGR of X% from 2012 to 2023. Kazakhstan experienced a relatively flat trend pattern. Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Tajikistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Kyrgyzstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tajikistan ($X) remains the largest alkali and rare earth metals supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Tajikistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports in Central Asia

After three years of growth, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to X tons in 2023. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2022, and then reduced remarkably in the following year.

In value terms, alkali and rare earth metals imports contracted significantly to $X in 2023. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2023. Uzbekistan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. While the share of Uzbekistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Kazakhstan totaled X%.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the import price saw a slight setback. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Source: IndexBox Platform