Central Asia: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in Central Asia

The revenue of the inorganic composite solvents market in Central Asia amounted to $X in 2017, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The inorganic composite solvents consumption continues to indicate a significant slump. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The level of inorganic composite solvents consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Inorganic Composite Solvents Exports in Central Asia

In 2017, exports of inorganic composite solvents and thinners for varnishes in Central Asia totaled X tons, coming down by -X% against the previous year. The inorganic composite solvents exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. In that year, the inorganic composite solvents exports reached their peak volume of X tons. From 2010 to 2017, growth of the inorganic composite solvents exports failed to regain its momentum.

In value terms, inorganic composite solvents exports stood at $X in 2017. The inorganic composite solvents exports continue to indicate a mild decrease. In that year, the inorganic composite solvents exports attained their peak level of $X. From 2010 to 2017, growth of the inorganic composite solvents exports failed to regain its momentum.

Inorganic Composite Solvents Exports by Country in Central Asia

The countries with the highest levels of inorganic composite solvents exports in 2017 were Kazakhstan (X tons), together accounting for X% of total export.

Kazakhstan experienced a relatively flat trend pattern of inorganic composite solvents and thinners for varnishes exports. Kazakhstan (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest inorganic composite solvents supplier in Central Asia.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Inorganic Composite Solvents Export Prices by Country in Central Asia

The inorganic composite solvents export price in Central Asia stood at $X per ton in 2017, coming down by -X% against the previous year. The inorganic composite solvents export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. In that year, the export prices for inorganic composite solvents and thinners for varnishes reached their peak level of $X per ton. From 2013 to 2017, growth of the export prices for inorganic composite solvents and thinners for varnishes failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Kazakhstan.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (-X% per year).

Inorganic Composite Solvents Imports in Central Asia

In 2017, imports of inorganic composite solvents and thinners for varnishes in Central Asia totaled X tons, growing by X% against the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, inorganic composite solvents imports amounted to $X in 2017. The total imports indicated a mild expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Inorganic Composite Solvents Imports by Country in Central Asia

Kazakhstan was the major importing country with an import of around X tons, which finished at X% of total imports. Mongolia (X tons) ranks second in terms of the global imports with a X% share, followed by Kyrgyzstan (X%).

Kazakhstan experienced a relatively flat trend pattern of inorganic composite solvents and thinners for varnishes imports. At the same time, Kyrgyzstan (+X%) and Mongolia (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Kyrgyzstan (-X%), Kazakhstan (-X%) and Mongolia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, inorganic composite solvents imports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (+X% per year).

Inorganic Composite Solvents Import Prices by Country in Central Asia

In 2017, the inorganic composite solvents import price in Central Asia amounted to $X per ton, going up by X% against the previous year. The inorganic composite solvents import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for inorganic composite solvents and thinners for varnishes reached its peak figure level of $X per ton in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mongolia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform