Kazakhstan - Benzene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Kazakhstan - Benzene - Market Analysis, Forecast, Size, Trends And Insights

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Benzene Price in Kazakhstan - 2021

Contents:

  1. Benzene Price in Kazakhstan (FOB) - 2022
  2. Benzene Price in Kazakhstan (CIF) - 2022
  3. Benzene Exports in Kazakhstan
  4. Benzene Imports in Kazakhstan

Benzene Price in Kazakhstan (FOB) - 2022

The average benzene export price stood at $708 per ton in 2022, which is down by -6.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 an increase of 47%. Over the period under review, the average export prices hit record highs at $758 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($771 per ton), while the average price for exports to Algeria stood at $658 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+46.6%).

Benzene Price in Kazakhstan (CIF) - 2022

In 2022, the average benzene import price amounted to $5,190 per ton, waning by -25.2% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 43% against the previous year. The import price peaked at $12,363 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($81,400 per ton), while the price for Russia amounted to $4,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Benzene Exports in Kazakhstan

In 2022, the amount of benzene exported from Kazakhstan contracted slightly to 6.4K tons, waning by -5% on 2021. In general, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, the exports reached the peak of 6.8K tons, and then reduced modestly in the following year.

In value terms, benzene exports fell to $4.6M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 212%. As a result, the exports attained the peak of $5.1M, and then fell in the following year.

Export of Benzene in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlgeriaN/A0.4N/A2.3139.8%
Russia2.31.25.12.2-1.5%
OthersN/A0.1N/AN/A0%
Total2.31.65.14.626.0%

Top Export Markets for Benzene from Kazakhstan in 2022:

  1. Algeria (3.6K tons)
  2. Russia (2.9K tons)

Benzene Imports in Kazakhstan

In 2022, approx. 1.2 tons of benzene were imported into Kazakhstan; falling by -59.1% on 2021 figures. In general, imports faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 218%.

In value terms, benzene imports fell sharply to $6.2K in 2022. Over the period under review, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 320%.

Import of Benzene in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.10.53.65.218.8%
Austria4.20.50.7N/A-59.2%
France4.9N/AN/AN/A0%
Belarus7.22.48.9N/A11.2%
Others7.91.46.90.9-51.5%
Total27.44.820.26.2-39.1%

Top Suppliers of Benzene to Kazakhstan in 2022:

  1. Russia (1175.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the benzene market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20141223 - Benzene

Country coverage:

  • Kazakhstan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kazakhstan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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