Central Asia: Welded Sections Market 2020

Welded Sections Market Size in Central Asia

The revenue of the welded sections market in Central Asia amounted to $X in 2017, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The welded sections consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. The level of welded sections consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Welded Sections Exports in Central Asia

In 2017, welded sections exports in Central Asia amounted to X tons, increasing by X% against the previous year. The welded sections exports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2017, when exports increased by X% y-o-y. Over the period under review, the welded sections exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, welded sections exports totaled $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the welded sections exports increased by +X% against 2014 indices. In that year, the welded sections exports attained their peak level, and are likely to continue its growth in the immediate term.

Welded Sections Exports by Country in Central Asia

The countries with the highest levels of welded sections exports in 2017 were Kazakhstan (X tons), together resulting at X% of total export.

Kazakhstan was also the fastest growing in terms of the welded sections exports, with a CAGR of +X% from 2007 to 2017. While the share of Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest welded sections supplier in Central Asia.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled +X%.

Welded Sections Export Prices by Country in Central Asia

In 2017, the welded sections export price in Central Asia amounted to $X per ton, shrinking by -X% against the previous year. The welded sections export price continues to indicate a strong expansion. The growth pace was the most rapid in 2012, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2016, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by export prices for Kazakhstan.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year).

Welded Sections Imports in Central Asia

The imports amounted to X tons in 2017, shrinking by -X% against the previous year. The welded sections imports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013, when imports increased by X% against the previous year. Over the period under review, the welded sections imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, welded sections imports amounted to $X in 2017. The welded sections imports continue to indicate an abrupt decrease. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Welded Sections Imports by Country in Central Asia

Kazakhstan represented the largest importer of welded sections in Central Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X tons), comprising X% share of total imports.

Kazakhstan was also the fastest growing in terms of the welded sections imports, with a CAGR of -X% from 2007 to 2017. Mongolia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kazakhstan and Mongolia increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported welded sections in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled -X%.

Welded Sections Import Prices by Country in Central Asia

The welded sections import price in Central Asia stood at $X per ton in 2017, picking up by X% against the previous year. The import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the welded sections import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2012, an increase of X% year-to-year. Over the period under review, the import prices for welded sections reached its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year).

Source: IndexBox Platform