Kazakhstan: Plastic Closure Market 2024

Plastic Closure Market Size in Kazakhstan

The Kazakh plastic closure market totaled $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Plastic closure consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Plastic Closure Production in Kazakhstan

In value terms, plastic closure production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Plastic Closure Exports

Exports from Kazakhstan

In 2022, approx. X tons of plastic stoppers, caps and closures were exported from Kazakhstan; picking up by X% against the previous year. Overall, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, plastic closure exports skyrocketed to $X in 2022. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan (X tons), Russia (X tons) and Kyrgyzstan (X tons) were the main destinations of plastic closure exports from Kazakhstan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) remains the key foreign market for plastic stoppers, caps and closures exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Tajikistan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The average plastic closure export price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Closure Imports

Imports into Kazakhstan

In 2022, imports of plastic stoppers, caps and closures into Kazakhstan soared to X tons, rising by X% on the year before. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plastic closure imports skyrocketed to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest plastic closure supplier to Kazakhstan, with a X% share of total imports. Moreover, plastic closure imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Belarus (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belarus (X% per year).

In value terms, Russia ($X) constituted the largest supplier of plastic stoppers, caps and closures to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belarus (X% per year).

Import Prices by Country

The average plastic closure import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated resilient growth 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, plastic closure import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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