Central Asia: Market for Iron or Steel Cans 2024

Market Size for Iron or Steel Cans in Central Asia

The Central Asian iron or steel can market amounted to $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Iron or Steel Cans in Central Asia

In value terms, iron or steel can production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Iron or Steel Cans

Exports in Central Asia

In 2023, approx. X units of iron or steel cans were exported in Central Asia; picking up by X% on 2022. In general, exports showed perceptible growth. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, iron or steel can exports soared to $X in 2023. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the main exporter of iron or steel cans in Central Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X units), constituting a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%).

In value terms, Kazakhstan ($X) emerged as the largest iron or steel can supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

In Kazakhstan, iron or steel can exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the export price posted a pronounced 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 Kazakhstan ($X per unit), while Kyrgyzstan totaled $X per unit.

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

Imports of Iron or Steel Cans

Imports in Central Asia

Iron or steel can imports soared to X units in 2023, rising by X% against the previous year. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, iron or steel can imports soared to $X in 2023. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Kazakhstan was the key importer of iron or steel cans in Central Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2023. Uzbekistan (X units) took the second position in the ranking, distantly followed by Kyrgyzstan (X units). All these countries together held near X% share of total imports. The following importers - Mongolia (X units), Turkmenistan (X units) and Tajikistan (X units) - together made up X% of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Tajikistan (X%), Mongolia (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kazakhstan, Uzbekistan and Kyrgyzstan increased by X, X and X percentage points, respectively.

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

In Kazakhstan, iron or steel can imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform