Gas Reports: Central Asia
The gasreports provide up-to-date information on the market size and supply structure of industrial gases in Central Asia.
The latest series of reports focus on the industrial gas sector in Central Asia, the core region of the Asian continent. Stretching from the Caspian Sea in the west to China in the east and from Afghanistan in the south to Russia, these reports include the five republics of the former soviet union: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan as well as a report on Afghanistan.
Within the 2018-2023 timeframe our forecast models predict growth from 2.9% p.a. in a low scenario to 3.2% p.a. in a high scenario. This should see the industry in Kazakhstan achieve revenues of between $143m to just over $145m by 2023.
Within the 2018-2023 timeframe, gasworld business intelligence predict growth from 10.7% p.a. in a low scenario to 11.3% p.a. in a high scenario. Accordingly, the industry in Uzbekistan is expected to achieve revenues of between $92m to $95m by 2023.
The commercial industrial gases market in Kazakhstan generated revenues of approximately $75m in 2016. This was up from $29m in 2006, indicating an average annual growth rate of 10.0% p.a. for the decade.