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Central Asia - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCentral Asia: Market for Glass Fibres And Glass Wool 2024
Market Size for Glass Fibres And Glass Wool in Central Asia
The Central Asian glass fibres and wool market surged to $X in 2022, rising by 15% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +106.8% against 2017 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.
Production of Glass Fibres And Glass Wool in Central Asia
In value terms, glass fibres and wool production stood at $X in 2022 estimated in export price. In general, production showed a perceptible increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 70% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Exports of Glass Fibres And Glass Wool
Exports in Central Asia
In 2022, overseas shipments of glass fibres and glass wool were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 247% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.
In value terms, glass fibres and wool exports surged to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 136% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Kazakhstan was the major exporting country with an export of about X tons, which recorded 77% of total exports. Uzbekistan (X tons) ranks second in terms of the total exports with a 14% share, followed by Mongolia (8.9%).
Exports from Kazakhstan increased at an average annual rate of +24.2% from 2012 to 2022. At the same time, Mongolia (+49.8%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +49.8% from 2012-2022. By contrast, Uzbekistan (-28.4%) illustrated a downward trend over the same period. Uzbekistan (+14 p.p.) and Mongolia (+8.9 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -22.5% from 2012 to 2022, respectively.
In value terms, Kazakhstan ($X) remains the largest glass fibres and wool supplier in Central Asia, comprising 89% of total exports. The second position in the ranking was held by Mongolia ($X), with a 9.2% share of total exports.
In Kazakhstan, glass fibres and wool exports expanded at an average annual rate of +26.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mongolia (+90.1% per year) and Uzbekistan (-41.0% per year).
Export Prices by Country
In 2022, the export price in Central Asia amounted to $X per ton, with a decrease of -5.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 80% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+26.8%), while the other leaders experienced mixed trends in the export price figures.
Imports of Glass Fibres And Glass Wool
Imports in Central Asia
In 2022, the amount of glass fibres and glass wool imported in Central Asia surged to X tons, with an increase of 246% against 2021. Over the period under review, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibres and wool imports surged to $X in 2022. In general, imports recorded moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Kazakhstan represented the main importer of glass fibres and glass wool in Central Asia, with the volume of imports recording X tons, which was approx. 67% of total imports in 2022. Kyrgyzstan (X tons) ranks second in terms of the total imports with a 14% share, followed by Uzbekistan (11%). Turkmenistan (X tons) and Tajikistan (X tons) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to glass fibres and wool imports into Kazakhstan stood at +8.0%. At the same time, Kyrgyzstan (+14.3%), Uzbekistan (+11.7%) and Tajikistan (+7.9%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +14.3% from 2012-2022. By contrast, Turkmenistan (-7.8%) illustrated a downward trend over the same period. Uzbekistan (+11 p.p.), Kyrgyzstan (+6.3 p.p.) and Kazakhstan (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by -16% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) constitutes the largest market for imported glass fibres and glass wool in Central Asia, comprising 74% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 12% share of total imports. It was followed by Kyrgyzstan, with a 6.4% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled +4.1%. In the other countries, the average annual rates were as follows: Uzbekistan (+14.3% per year) and Kyrgyzstan (+16.5% per year).
Import Prices by Country
The import price in Central Asia stood at $X per ton in 2022, which is down by -20.1% against the previous year. In general, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2019 when the import price increased by 22% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.3%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass fibres and wool in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)
Country coverage:
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Central Asia, split by region and country
- Trade (exports and imports) in Central Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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