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Central Asia - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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Central Asia: Vegetable Waxes Market Overview 2021

Vegetable Waxes Market Size in Central Asia

In 2019, the Central Asian vegetable waxes market decreased by -X% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, showed a significant expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Vegetable Waxes Production in Central Asia

In value terms, vegetable waxes production reduced notably to $X in 2018 estimated in export prices. In general, production, however, saw a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Production By Country in Central Asia

Kyrgyzstan (X kg) constituted the country with the largest volume of vegetable waxes production, accounting for X% of total volume.

From 2007 to 2018, the average annual growth rate of volume in Kyrgyzstan stood at +X%.

Vegetable Waxes Exports

Exports in Central Asia

In 2017, overseas shipments of vegetable waxes decreased by X% to X tonnes, falling for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a significant expansion. Over the period under review, exports reached the maximum in 2017 and are likely to see gradual growth in years to come.

In value terms, vegetable waxes exports totaled $X in 2017. In general, exports continue to indicate a abrupt descent. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2017, exports stood at a somewhat lower figure.

Export Prices by Country

The vegetable waxes export price in Central Asia stood at $X per tonne in 2017, dropping by -X% against the previous year. Over the period under review, the export price faced a significant contraction. The most prominent rate of growth was recorded in 2014 a decrease of -X% year-to-year. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2017, export prices remained at a lower figure.

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

From 2013 to 2017, the rate of growth in terms of prices for Kyrgyzstan amounted to -X% per year.

Vegetable Waxes Imports

Imports in Central Asia

In 2019, purchases abroad of vegetable waxes decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Overall, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports failed to regain the momentum.

In value terms, vegetable waxes imports contracted significantly to $X in 2019. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan represented the largest importer of vegetable waxes in Central Asia, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2019. Uzbekistan (X kg) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%). Kyrgyzstan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the vegetable waxes imports, with a CAGR of +X% from 2007 to 2019. At the same time, Kyrgyzstan (+X%), Uzbekistan (+X%) and Mongolia (+X%) displayed positive paces of growth. From 2007 to 2019, the share of Kazakhstan increased by +X% percentage points, while Mongolia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported vegetable waxes in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Kazakhstan stood at +X%. In the other countries, the average annual rates were as follows: Uzbekistan (+X% per year) and Mongolia (+X% per year).

Import Prices by Country

In 2019, the vegetable waxes import price in Central Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Uzbekistan ($X per tonne), while Kyrgyzstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable waxes in Central Asia?
+
Kazakhstan (4.1 tonnes) remains the largest vegetable waxes consuming country in Central Asia, comprising approx. 67% of total volume. Moreover, vegetable waxes consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan (1.1 tonnes), fourfold. Mongolia (690 kg) ranked third in terms of total consumption with a 11% share.
What are the largest producers of vegetable waxes in Central Asia?
+
Kyrgyzstan (0 kg) remains the largest vegetable waxes producing country in Central Asia, accounting for 100% of total volume.
What are the leading importers of vegetable waxes in Central Asia?
+
In value terms, Kazakhstan ($31K) constitutes the largest market for imported vegetable waxes in Central Asia, comprising 65% of total imports. The second position in the ranking was occupied by Uzbekistan ($15K), with a 31% share of total imports. It was followed by Mongolia, with a 3% share.
What is the average export price for vegetable waxes in Central Asia?
+
The vegetable waxes export price in Central Asia stood at $1,450 per tonne in 2017, shrinking by -92.8% against the previous year.
What is the average import price for vegetable waxes in Central Asia?
+
The vegetable waxes import price in Central Asia stood at $7,843 per tonne in 2019, which is down by -2.8% against the previous year.

Product coverage:
• Prodcom 10417100 - Vegetable waxes (including refined) (excluding triglycerides)

This report provides an in-depth analysis of the vegetable waxes market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Central Asia, split by region and country
• Trade (exports and imports) in Central Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Kazakhstan
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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