Central Asia: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Central Asia

In 2023, the Central Asian market for granules, chippings and powder of monumental stone increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption saw a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Granules, Chippings And Powder Of Monumental Stone in Central Asia

In value terms, monumental stone granules and powder production totaled $X in 2023 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

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Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in Central Asia

In 2023, monumental stone granules and powder exports in Central Asia shrank significantly to X tons, declining by X% on 2022 figures. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports expanded significantly to $X in 2023. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

Kazakhstan was the major exporter of granules, chippings and powder of monumental stone in Central Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by Uzbekistan (X tons), achieving a X% share of total exports. Kyrgyzstan (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to monumental stone granules and powder exports from Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Uzbekistan ($X) remains the largest monumental stone granules and powder supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Uzbekistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price showed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: 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 2023, 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.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in Central Asia

In 2023, the amount of granules, chippings and powder of monumental stone imported in Central Asia declined rapidly to X tons, which is down by X% on the previous year. Overall, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell notably in the following year.

In value terms, monumental stone granules and powder imports shrank notably to $X in 2023. Over the period under review, imports, however, showed a modest expansion. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

Kazakhstan prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by Mongolia (X tons), mixing up a X% share of total imports.

Kazakhstan was also the fastest-growing in terms of the granules, chippings and powder of monumental stone imports, with a CAGR of X% from 2012 to 2023. At the same time, Mongolia (X%) displayed positive paces of growth. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mongolia (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported granules, chippings and powder of monumental stone in Central Asia, comprising X% of total imports. The second position in the ranking was held by Mongolia ($X), with a X% share of total imports.

In Kazakhstan, monumental stone granules and powder imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2023, 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 Mongolia ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mongolia (X%).

Source: IndexBox Platform