Kazakhstan: Glass Fibre Mat Market 2022

Glass Fibre Mat Market Size in Kazakhstan

After two years of growth, the Kazakh glass fibre mat market decreased by less than X% to $X in 2021. In general, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Glass Fibre Mat Exports

Exports from Kazakhstan

In 2021, shipments abroad of glass fibre mats was finally on the rise to reach X kg after three years of decline. In general, exports, however, saw a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass fibre mat exports soared to $X in 2021. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X kg) was the main destination for glass fibre mat exports from Kazakhstan, with a X% share of total exports. Moreover, glass fibre mat exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled +X%.

In value terms, Kyrgyzstan ($X) remains the key foreign market for glass fibre mat exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan stood at +X%.

Export Prices by Country

In 2021, the average glass fibre mat export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%).

Glass Fibre Mat Imports

Imports into Kazakhstan

In 2021, after two years of growth, there was decline in purchases abroad of glass fibre mats, when their volume decreased by less than X% to X tons. In general, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, glass fibre mat imports shrank to $X in 2021. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of glass fibre mat to Kazakhstan, accounting for a X% share of total imports. Moreover, glass fibre mat imports from Russia exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and China (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of glass fibre mat to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and China (-X% per year).

Import Prices by Country

The average glass fibre mat import price stood at $X per ton in 2021, dropping by less than X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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