Central Asia: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Central Asia

The Central Asian market for colouring matter of vegetable or animal origin amounted to $X in 2022, with an increase of X% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Colouring Matter Of Vegetable Or Animal Origin in Central Asia

In value terms, vegetable or animal colouring matter production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

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Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports in Central Asia

In 2022, shipments abroad of colouring matter of vegetable or animal origin increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vegetable or animal colouring matter exports surged to $X in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Uzbekistan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the colouring matter of vegetable or animal origin exports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. While the share of Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kazakhstan, vegetable or animal colouring matter exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

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

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports in Central Asia

In 2022, approx. X tons of colouring matter of vegetable or animal origin were imported in Central Asia; jumping by X% compared with the previous year's figure. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vegetable or animal colouring matter imports skyrocketed to $X in 2022. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Turkmenistan (X tons), achieving a X% share of total imports. Mongolia (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported colouring matter of vegetable or animal origin in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, vegetable or animal colouring matter imports expanded at 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: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Kazakhstan ($X per ton), while Uzbekistan ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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