Kazakhstan: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Kazakhstan

The Kazakh market for polyethylene with a specific gravity of less than X, in primary forms soared to $X in 2022, surging by X% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Consumption of peaked in 2022 and is likely to continue growth in years to come.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Kazakhstan

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms contracted to $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 growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Kazakhstan

In 2022, shipments abroad of polyethylene with a specific gravity of less than X, in primary forms decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms skyrocketed to $X in 2022. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for exports of polyethylene with a specific gravity of less than X, in primary forms from Kazakhstan, accounting for a X% share of total exports. Moreover, exports of polyethylene with a specific gravity of less than X, in primary forms to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), sixfold. The third position in this ranking was taken by Tajikistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Tajikistan (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for polyethylene with a specific gravity of less than X, in primary forms exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

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

Export Prices by Country

The average export price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated pronounced 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, export price for polyethylene with a specific gravity of less than X, in primary forms increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Kazakhstan

In 2022, approx. X tons of polyethylene with a specific gravity of less than X, in primary forms were imported into Kazakhstan; increasing by X% against the previous year's figure. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms surged to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest polyethylene with a specific gravity of less than X supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, imports of polyethylene with a specific gravity of less than X, in primary forms from Russia exceeded the figures recorded by the second-largest supplier, Iran (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

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

In value terms, Russia ($X) constituted the largest supplier of polyethylene with a specific gravity of less than X, in primary forms to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, 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: Iran (X% per year) and China (X% per year).

Import Prices by Country

The average import price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($X per ton) and Thailand ($X per ton), while the price for Iran ($X per ton) and China ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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