Central Asia: Wire And Cable Market 2024

Wire And Cable Market Size in Central Asia

The Central Asian wire and cable market fell modestly to $X in 2022, remaining stable against the previous year. Overall, consumption showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Wire And Cable Production in Central Asia

In value terms, wire and cable production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Wire And Cable Exports

Exports in Central Asia

In 2022, overseas shipments of insulated wire and cable increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, wire and cable exports skyrocketed to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates exports structure, together committing X% of total exports. Kyrgyzstan (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest wire and cable supplying countries in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), together comprising X% of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, waning by X% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire and cable export price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

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 Uzbekistan ($X per ton), while Kazakhstan ($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 (X%), while the other leaders experienced a decline in the export price figures.

Wire And Cable Imports

Imports in Central Asia

In 2022, approx. X tons of insulated wire and cable were imported in Central Asia; growing by X% on 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, wire and cable imports shrank to $X in 2022. In general, imports, however, recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan represented the major importer of insulated wire and cable in Central Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), Turkmenistan (X tons), Mongolia (X tons), Tajikistan (X tons) and Kyrgyzstan (X tons), together creating a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wire and cable imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Kyrgyzstan experienced a relatively flat trend pattern. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) and Turkmenistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported insulated wire and cable in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with an X% share of total imports. It was followed by Turkmenistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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