Central Asia: Market for Containers for compressed or liquefied gas, of iron or steel 2024

Market Size for Containers for compressed or liquefied gas, of iron or steel in Central Asia

In 2023, the Central Asian market for containers for compressed or liquefied gas, of iron or steel was finally on the rise to reach $X after three years of decline. In general, consumption showed a modest increase. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Production of Containers for compressed or liquefied gas, of iron or steel in Central Asia

In value terms, production of containers for compressed or liquefied gas, of iron or steel surged to $X in 2023 estimated in export price. Overall, production recorded a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Containers for compressed or liquefied gas, of iron or steel

Exports in Central Asia

Exports of containers for compressed or liquefied gas, of iron or steel soared to X units in 2023, increasing by X% on the year before. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted to $X in 2023. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan represented the main exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Kazakhstan (X units), generating a X% share of total exports. Uzbekistan (X units) and Turkmenistan (X units) held a little share of total exports.

Exports from Kyrgyzstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. Turkmenistan experienced a relatively flat trend pattern. Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan and Turkmenistan saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Kazakhstan ($X) remains the largest containers for compressed or liquefied gas, of iron or steel supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

In Kazakhstan, exports of containers for compressed or liquefied gas, of iron or steel expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the export price saw a mild slump. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkmenistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

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

Imports of Containers for compressed or liquefied gas, of iron or steel

Imports in Central Asia

In 2023, overseas purchases of containers for compressed or liquefied gas, of iron or steel increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel soared to $X in 2023. In general, imports enjoyed mild growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Uzbekistan (X units) and Kazakhstan (X units) dominates steel structure, together comprising X% of total imports. Mongolia (X units) took the next position in the ranking, followed by Kyrgyzstan (X units). All these countries together held near X% share of total imports. The following importers - Turkmenistan (X units) and Tajikistan (X units) - each reached a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest containers for compressed or liquefied gas, of iron or steel importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X), together accounting for X% of total imports.

Uzbekistan, with a CAGR of X%, recorded 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 2023, the import price in Central Asia amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2023, the import prices remained at a somewhat 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 Turkmenistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform