Central Asia: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Central Asia

The Central Asian acid and mordant dye market surged to $X in 2021, growing by 25% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Central Asia

In value terms, acid and mordant dye production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 23% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in Central Asia

After two years of decline, shipments abroad of acid and mordant dyes and preparations based thereon increased by 93% to X tons in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 when exports increased by 1,087% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, acid and mordant dye exports surged to $X in 2021. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,841%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan dominates exports structure, recording X tons, which was near 98% of total exports in 2021. Uzbekistan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the acid and mordant dyes and preparations based thereon exports, with a CAGR of +22.6% from 2012 to 2021. Uzbekistan experienced a relatively flat trend pattern. Uzbekistan (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest acid and mordant dye supplier in Central Asia, comprising 98% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan totaled +41.0%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, increasing by 59% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when the export price increased by 64% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, among the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+15.0%).

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in Central Asia

In 2021, approx. X tons of acid and mordant dyes and preparations based thereon were imported in Central Asia; jumping by 153% compared with the previous year. In general, imports recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by 323%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, acid and mordant dye imports skyrocketed to $X in 2021. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan was the key importing country with an import of around X tons, which resulted at 51% of total imports. It was distantly followed by Kazakhstan (X tons), Turkmenistan (X tons) and Mongolia (X tons), together constituting a 47% share of total imports.

Imports into Uzbekistan increased at an average annual rate of +15.6% from 2012 to 2021. At the same time, Turkmenistan (+35.1%), Kazakhstan (+21.2%) and Mongolia (+1.1%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +35.1% from 2012-2021. From 2012 to 2021, the share of Uzbekistan and Turkmenistan increased by +51 and +8.1 percentage points, respectively.

In value terms, the largest acid and mordant dye importing markets in Central Asia were Uzbekistan ($X), Turkmenistan ($X) and Kazakhstan ($X), together comprising 92% of total imports.

In terms of the main importing countries, Turkmenistan, with a CAGR of +57.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, rising by 7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by 28%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: among the top importers, the country with the highest price was Turkmenistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+16.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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