Central Asia: Twine And Cordage Market 2024

Twine And Cordage Market Size in Central Asia

In 2022, after five years of growth, there was significant decline in the Central Asian twine and cordage market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed prominent growth. The level of consumption peaked at $X in 2021, and then declined in the following year.

Twine And Cordage Production in Central Asia

In value terms, twine and cordage production reached $X in 2022 estimated in export price. Overall, production posted a significant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Twine And Cordage Exports

Exports in Central Asia

In 2022, twine and cordage exports in Central Asia skyrocketed to X tons, with an increase of X% on the year before. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, twine and cordage exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Uzbekistan was the main exporting country with an export of around X tons, which reached X% of total exports. Kazakhstan (X tons) ranks second in terms of the total exports with a X% share, followed by Kyrgyzstan (X%). Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Tajikistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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, shrinking by X% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton), while Uzbekistan ($X per ton) and Tajikistan ($X per ton) were 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 export price figures.

Twine And Cordage Imports

Imports in Central Asia

In 2022, the amount of twine, cordage, rope and cables imported in Central Asia contracted slightly to X tons, with a decrease of X% against 2021. Total imports indicated a notable expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, twine and cordage imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Tajikistan (X tons) represented the major importers of twine, cordage, rope and cables in 2022, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Kyrgyzstan (X tons), Mongolia (X tons) and Uzbekistan (X tons), together creating a X% share of total imports. Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported twine, cordage, rope and cables in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, twine and cordage imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 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 Kazakhstan ($X per ton), while Tajikistan ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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