Waxes; Artificial, Prepared Price in Kazakhstan - 2021

Contents:

1. Waxes; Artificial, Prepared Price in Kazakhstan (CIF) - 2022
2. Waxes; Artificial, Prepared Price in Kazakhstan (FOB) - 2022
3. Waxes; Artificial, Prepared Imports in Kazakhstan
4. Waxes; Artificial, Prepared Exports in Kazakhstan

Waxes; Artificial, Prepared Price in Kazakhstan (CIF) - 2022

The average waxes; artificial, prepared import price stood at $3,450 per ton in 2022, picking up by 36% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waxes; artificial, prepared import price increased by +71.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,693 per ton), while the price for Uzbekistan ($1,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Waxes; Artificial, Prepared Price in Kazakhstan (FOB) - 2022

In 2022, the average waxes; artificial, prepared export price amounted to $1,771 per ton, declining by -15.3% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 128%. As a result, the export price reached the peak level of $3,744 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($2,400 per ton), while the average price for exports to Russia ($1,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-4.8%), while the prices for the other major destinations experienced a decline.

Waxes; Artificial, Prepared Imports in Kazakhstan

In 2022, approx. 488 tons of waxes; artificial, prepared were imported into Kazakhstan; picking up by 22% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, waxes; artificial, prepared imports surged to $1.7M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waxes; Artificial, Prepared to Kazakhstan in 2022:

1. Russia (255.0 tons)
2. China (103.6 tons)
3. Spain (38.7 tons)
4. Germany (25.5 tons)
5. Uzbekistan (13.0 tons)
6. Turkey (11.1 tons)
7. Belarus (10.7 tons)
8. Lithuania (5.0 tons)

Waxes; Artificial, Prepared Exports in Kazakhstan

In 2022, exports of waxes; artificial, prepared from Kazakhstan soared to 148 tons, picking up by 186% on the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 5,511% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, waxes; artificial, prepared exports soared to $263K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 4,665% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Waxes; Artificial, Prepared from Kazakhstan in 2022:

1. Kyrgyzstan (undefined tons)
2. Russia (128.2 tons)
3. Uzbekistan (20.0 tons)

Source: IndexBox Market Intelligence Platform