Central Asia: Plastic Bag Market 2024

Plastic Bag Market Size in Central Asia

The Central Asian plastic bag market amounted to $X in 2022, approximately reflecting the previous year. In general, consumption, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when the market value increased by X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Plastic Bag Production in Central Asia

In value terms, plastic bag production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Plastic Bag Exports

Exports in Central Asia

In 2022, approx. X tons of plastic sacks and bags were exported in Central Asia; picking up by X% on 2021 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, plastic bag exports stood at $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turkmenistan (X tons) and Uzbekistan (X tons) represented the main exporters of plastic sacks and bags in 2022, reaching near X% and X% of total exports, respectively. Kyrgyzstan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

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

In value terms, the largest plastic bag supplying countries in Central Asia were Uzbekistan ($X), Kyrgyzstan ($X) and Turkmenistan ($X), together accounting for X% of total exports.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Plastic Bag Imports

Imports in Central Asia

In 2022, plastic bag imports in Central Asia soared to X tons, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, plastic bag imports skyrocketed to $X in 2022. Total imports indicated measured 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan was the major importer of plastic sacks and bags in Central Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kyrgyzstan (X tons), constituting a X% share of total imports. The following importers - Tajikistan (X tons), Mongolia (X tons) and Turkmenistan (X tons) - each recorded an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic bag imports into Kazakhstan stood at X%. At the same time, Mongolia (X%), Turkmenistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Tajikistan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported plastic sacks and bags in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan was relatively modest. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Mongolia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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