Central Asia: Abs Copolymers Market 2024

Abs Copolymers Market Size in Central Asia

In 2021, after two years of growth, there was significant decline in the Central Asian ABS copolymers market, when its value decreased by -11.5% to $X. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +21.7% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced in the following year.

Abs Copolymers Production in Central Asia

In value terms, ABS copolymers production shrank to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +23.6% against 2018 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 42% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Abs Copolymers Exports

Exports in Central Asia

ABS copolymers exports declined to X tons in 2021, remaining constant against 2020 figures. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 134% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, ABS copolymers exports amounted to $X in 2021. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 71% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan represented the key exporter of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Central Asia, with the volume of exports finishing at X tons, which was near 58% of total exports in 2021. It was distantly followed by Uzbekistan (X tons), constituting a 42% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of -20.1%).

In value terms, Kyrgyzstan ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2021.

Among the main exporting countries, Uzbekistan, with a CAGR of +2.6%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2019 when the export price increased by 47%. Over the period under review, the export prices hit record highs in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+28.3%).

Abs Copolymers Imports

Imports in Central Asia

In 2021, imports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Central Asia amounted to X tons, growing by 2.2% on 2020. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 719%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, ABS copolymers imports soared to $X in 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 970%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

Uzbekistan dominates imports structure, accounting for X tons, which was approx. 95% of total imports in 2021. Kazakhstan (X tons) held a relatively small share of total imports.

Uzbekistan was also the fastest-growing in terms of the acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imports, with a CAGR of +18.3% from 2012 to 2021. Kazakhstan experienced a relatively flat trend pattern. While the share of Uzbekistan (+95 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-54.8 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Central Asia, comprising 95% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 3.9% share of total imports.

In Uzbekistan, ABS copolymers imports expanded at an average annual rate of +23.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, growing by 44% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.6%).

Source: IndexBox Platform

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