
Kazakhstan - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights
Kazakhstan: Polyethylene Glycol Wax Market 2022
Polyethylene Glycol Wax Market Size in Kazakhstan
In 2021, the Kazakh polyethylene glycol wax market increased by 76% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Polyethylene Glycol Wax Exports
Exports from Kazakhstan
In 2019, exports of artificial and prepared waxes of polyethylene glycol from Kazakhstan amounted to X kg, approximately equating the year before. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polyethylene glycol wax exports stood at $X in 2019. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Kyrgyzstan (X kg) was the main destination for polyethylene glycol wax exports from Kazakhstan, accounting for a approx. 100% share of total exports.
From 2017 to 2019, the average annual growth rate of volume to Kyrgyzstan stood at +41.4%.
From 2017 to 2019, the average annual growth rate of value to Kyrgyzstan amounted to +29.7%.
Export Prices by Country
In 2019, the average polyethylene glycol wax export price amounted to $X per ton, remaining stable against the previous year. In general, the export price continues to indicate a drastic downturn. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2017 to 2019, the rate of growth in terms of prices for Kyrgyzstan amounted to -8.3% per year.
Polyethylene Glycol Wax Imports
Imports into Kazakhstan
In 2021, overseas purchases of artificial and prepared waxes of polyethylene glycol were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 when imports increased by 301%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.
In value terms, polyethylene glycol wax imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Russia (X tons) constituted the largest polyethylene glycol wax supplier to Kazakhstan, accounting for a 79% share of total imports. Moreover, polyethylene glycol wax imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold. China (X kg) ranked third in terms of total imports with a 5.1% share.
From 2012 to 2021, the average annual growth rate of volume from Russia stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.9% per year) and China (-13.7% per year).
In value terms, the largest polyethylene glycol wax suppliers to Kazakhstan were Turkey ($X), Russia ($X) and Germany ($X), together accounting for 75% of total imports. India, China and the United States lagged somewhat behind, together accounting for a further 9.6%.
India, with a CAGR of +24.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average polyethylene glycol wax import price stood at $X per ton in 2021, which is down by -29.3% against the previous year. Overall, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2014 when the average import price increased by 98% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then reduced rapidly in the following year.
Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+16.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the polyethylene glycol wax market in Kazakhstan. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global polyethylene glycol wax market.
This report provides an in-depth analysis of the polyethylene glycol wax market in the EU.
This report provides an in-depth analysis of the polyethylene glycol wax market in Asia.
This report provides an in-depth analysis of the polyethylene glycol wax market in the U.S..
This report provides an in-depth analysis of the polyethylene glycol wax market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET