Central Asia: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Central Asia

The Central Asian titanium dioxide pigments market expanded rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Titanium Dioxide Pigments Production in Central Asia

In value terms, titanium dioxide pigments production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Titanium Dioxide Pigments Exports

Exports in Central Asia

In 2022, overseas shipments of titanium dioxide pigments and colouring preparations increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, titanium dioxide pigments exports surged to $X in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Uzbekistan (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to titanium dioxide pigments exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%.

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. Export price indicated a tangible expansion from 2012 to 2022: its price 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, titanium dioxide pigments export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan amounted to $X per ton.

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

Titanium Dioxide Pigments Imports

Imports in Central Asia

In 2022, the amount of titanium dioxide pigments and colouring preparations imported in Central Asia soared to X tons, picking up by X% on the previous year. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, titanium dioxide pigments imports skyrocketed to $X in 2022. Over the period under review, imports showed a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) dominates imports structure, together committing X% of total imports. The following importers - Turkmenistan (X tons), Tajikistan (X tons) and Kyrgyzstan (X tons) - together made up X% of total imports.

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

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Turkmenistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Kazakhstan ($X per ton), while Tajikistan ($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

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