Central Asia: Market for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium 2024

Market Size for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Central Asia

For the fourth consecutive year, the Central Asian non-aqueous paint and varnish market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Central Asia

In value terms, non-aqueous paint and varnish production reached $X in 2022 estimated in export price. Overall, production, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Exports in Central Asia

In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium exported in Central Asia skyrocketed to X tons, picking up by X% against 2021 figures. In general, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-aqueous paint and varnish exports soared to $X in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Kazakhstan (X tons) was the largest exporter of paints and varnishes dispersed or dissolved in a non-aqueous medium, comprising X% of total exports. It was distantly followed by Uzbekistan (X tons), generating a X% share of total exports. Kyrgyzstan (X tons) held a minor share of total exports.

Kazakhstan was also the fastest-growing in terms of the paints and varnishes dispersed or dissolved in a non-aqueous medium exports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price showed a notable increase. The growth pace was the most rapid in 2016 an increase of X%. The level of export 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 exporting countries. In 2022, amid the top suppliers, 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 export price figures.

Imports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Imports in Central Asia

In 2022, approx. X tons of paints and varnishes dispersed or dissolved in a non-aqueous medium were imported in Central Asia; surging by X% compared with the previous year. Total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, non-aqueous paint and varnish imports soared to $X in 2022. Total imports indicated a resilient expansion 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, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the key importing country with an import of around X tons, which finished at X% of total imports. Uzbekistan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (X%), Turkmenistan (X%) and Tajikistan (X%). Mongolia (X tons) followed a long way behind the leaders.

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

In value terms, the largest non-aqueous paint and varnish importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Uzbekistan ($X per ton), while Tajikistan ($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

Frequently Asked Questions (FAQ) :