Central Asia: Amino-Resin Market 2024

Amino-Resin Market Size in Central Asia

In 2022, the Central Asian amino-resin market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Amino-Resin Production in Central Asia

In value terms, amino-resin production reduced slightly 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 pace of growth appeared the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Amino-Resin Exports

Exports in Central Asia

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) exported in Central Asia skyrocketed to X tons, picking up by X% against the year before. In general, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, amino-resin exports soared to $X in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Uzbekistan (X tons) held a little share of total exports.

Kazakhstan was also the fastest-growing in terms of the amino-resins, phenolic resins and polyurethanes (in primary forms) exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Uzbekistan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest amino-resin supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, amino-resin exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Amino-Resin Imports

Imports in Central Asia

In 2022, approx. X tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were imported in Central Asia; growing by X% against the previous year's figure. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, amino-resin imports skyrocketed to $X in 2022. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) prevails in imports structure, together comprising X% of total imports. The following importers - Turkmenistan (X tons), Mongolia (X tons) and Tajikistan (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest amino-resin importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X), together comprising X% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, 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 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :