Central Asia: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2024

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Central Asia

In 2023, after two years of growth, there was significant decline in the Central Asian market for tubes, pipes and hollow profiles (of iron or steel), when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a abrupt decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Central Asia

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) expanded slightly to $X in 2023 estimated in export price. In general, production, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2023, production of growth failed to regain momentum.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports in Central Asia

In 2023, after four years of decline, there was significant growth in overseas shipments of tubes, pipes and hollow profiles (of iron or steel), when their volume increased by X% to X tons. Overall, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) fell to $X in 2023. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Kazakhstan prevails in steel) structure, recording X tons, which was near X% of total exports in 2023. The following exporters - Uzbekistan (X tons), Turkmenistan (X tons) and Kyrgyzstan (X tons) - each accounted for a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to iron or steel pipe and tube exports from Kazakhstan stood at X%. At the same time, Turkmenistan (X%), Kyrgyzstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest iron or steel pipe and tube supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Kazakhstan stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, dropping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while Uzbekistan ($X per ton) 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 Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports in Central Asia

In 2023, approx. X tons of tubes, pipes and hollow profiles (of iron or steel) were imported in Central Asia; waning by X% on the year before. In general, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) reduced modestly to $X in 2023. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) prevails in steel) structure, together constituting X% of total imports. It was distantly followed by Kyrgyzstan (X tons), Turkmenistan (X tons) and Mongolia (X tons), together making up a X% share of total imports. Tajikistan (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel pipe and tube importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), together comprising X% of total imports.

Among the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a perceptible decrease. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform