Central Asia: Oxygen Market 2024

Oxygen Market Size in Central Asia

The Central Asian oxygen market expanded remarkably to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Oxygen Production in Central Asia

In value terms, oxygen production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Oxygen Exports

Exports in Central Asia

In 2022, overseas shipments of oxygen increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, exports showed 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, oxygen exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Kazakhstan (X cubic meters) represented the major exporter of oxygen, committing X% of total exports. It was distantly followed by Uzbekistan (X cubic meters), generating a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the oxygen exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

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

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

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per cubic meter 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, amid the top suppliers, the country with the highest price was Uzbekistan ($X per cubic meter), while Kazakhstan totaled $X per cubic meter.

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

Oxygen Imports

Imports in Central Asia

In 2022, approx. X cubic meters of oxygen were imported in Central Asia; growing by X% on 2021. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, oxygen imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X cubic meters) represented the main importer of oxygen, committing X% of total imports. Kyrgyzstan (X cubic meters) held the second position in the ranking, followed by Turkmenistan (X cubic meters). All these countries together held near X% share of total imports. The following importers - Uzbekistan (X cubic meters) and Tajikistan (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to oxygen imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%), Kyrgyzstan (X%) and Turkmenistan (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, Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X p.p.), Turkmenistan (X p.p.), 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.) displayed negative dynamics.

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

In Kazakhstan, oxygen imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per cubic meter, dropping by X% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkmenistan ($X per cubic meter), while Kazakhstan ($X per cubic meter) 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 import price figures.

Source: IndexBox Platform

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