Central Asia: Basic Dye Market 2024

Basic Dye Market Size in Central Asia

The Central Asian basic dye market rose significantly to $X in 2021, growing by 14% against the previous year. In general, consumption showed a buoyant expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Basic Dye Production in Central Asia

In value terms, basic dye production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Basic Dye Exports

Exports in Central Asia

In 2021, shipments abroad of basic dyes and preparations based thereon was finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2018 with an increase of 13,779% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, basic dye exports surged to $X in 2021. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 5,930%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Kyrgyzstan (X kg), distantly followed by Kazakhstan (X kg) represented the major exporters of basic dyes and preparations based thereon, together achieving 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of +7.5%).

In value terms, Kazakhstan ($X) remains the largest basic dye supplier in Central Asia, comprising 74% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan totaled +10.0%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, falling by -6.7% against the previous year. Overall, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by 600%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+46.0%).

Basic Dye Imports

Imports in Central Asia

In 2021, purchases abroad of basic dyes and preparations based thereon was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 879%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, basic dye imports surged to $X in 2021. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 611% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Uzbekistan (X tons) was the main importer of basic dyes and preparations based thereon, generating 58% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Turkmenistan (X tons). All these countries together took near 38% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +7.8%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Uzbekistan ($X) constitutes the largest market for imported basic dyes and preparations based thereon in Central Asia, comprising 62% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 23% share of total imports. It was followed by Turkmenistan, with an 8.9% share.

In Uzbekistan, basic dye imports decreased by an average annual rate of -7.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-1.1% per year) and Turkmenistan (+8.2% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, rising by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 48% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Turkmenistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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