Central Asia: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Central Asia

The Central Asian compound plasticisers market shrank significantly to $X in 2023, falling by X% against the previous year. Overall, consumption recorded a significant increase. The level of consumption peaked at $X in 2022, and then contracted notably in the following year.

Compound Plasticisers Production in Central Asia

In value terms, compound plasticisers production declined to $X in 2023 estimated in export price. In general, production recorded a deep slump. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Compound Plasticisers Exports

Exports in Central Asia

In 2023, shipments abroad of compound plasticisers for rubber or plastics decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, compound plasticisers exports declined markedly to $X in 2023. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Uzbekistan was the major exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Kazakhstan (X tons), creating an X% share of total exports.

Exports from Uzbekistan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Uzbekistan increased by X percentage points.

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

From 2012 to 2023, the average annual growth rate of value in Uzbekistan totaled X%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, almost unchanged from the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Compound Plasticisers Imports

Imports in Central Asia

Compound plasticisers imports surged to X tons in 2023, increasing by X% compared with the previous year's figure. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, compound plasticisers imports surged to $X in 2023. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Uzbekistan dominates imports structure, reaching X tons, which was approx. X% of total imports in 2023. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%) and Tajikistan (X%). Turkmenistan (X tons) took a relatively small share of total imports.

Uzbekistan was also the fastest-growing in terms of the compound plasticisers for rubber or plastics imports, with a CAGR of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%), Tajikistan (X%), Turkmenistan (X%) and Kazakhstan (X%) displayed positive paces of growth. While the share of Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Tajikistan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Kazakhstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported compound plasticisers for rubber or plastics in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, recorded temperate growth. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform