Central Asia: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Central Asia

In 2022, the Central Asian metal anchors and grapnels market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Anchors, Grapnels in Central Asia

In value terms, metal anchors and grapnels production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, posted perceptible growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Anchors, Grapnels

Exports in Central Asia

In 2022, overseas shipments of iron or steel anchors, grapnels increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal anchors and grapnels exports surged to $X in 2022. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan was the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Uzbekistan (X units), creating a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the iron or steel anchors, grapnels exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest metal anchors and grapnels supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, posted a notable expansion. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Imports of Iron Or Steel Anchors, Grapnels

Imports in Central Asia

In 2022, imports of iron or steel anchors, grapnels in Central Asia dropped remarkably to X units, waning by X% on the year before. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, metal anchors and grapnels imports stood at $X in 2022. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kazakhstan (X units) represented the main importer of iron or steel anchors, grapnels, generating X% of total imports. Turkmenistan (X units) ranks second in terms of the total imports with a X% share, followed by Tajikistan (X%). Mongolia (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal anchors and grapnels imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Turkmenistan (X p.p.), Tajikistan (X p.p.) and Mongolia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported iron or steel anchors, grapnels in Central Asia, comprising X% of total imports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%. In the other countries, the average annual rates were as follows: Turkmenistan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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