Central Asia: Sorbitol Market 2024

Sorbitol Market Size in Central Asia

The Central Asian sorbitol market amounted to $X in 2022, surging by X% against the previous year. The total consumption indicated a temperate expansion 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 2012 indices. The most prominent rate of growth was recorded in 2019 when the market value increased by X%. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Sorbitol Production in Central Asia

In value terms, sorbitol production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sorbitol Exports

Exports in Central Asia

In 2022, sorbitol exports in Central Asia surged to X tons, with an increase of X% compared with the year before. Overall, exports, however, continue to indicate a deep slump. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sorbitol exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a drastic downturn. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan was the major exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Kazakhstan (X tons), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sorbitol exports from Uzbekistan stood at X%. Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan increased by X percentage points.

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

From 2012 to 2022, the average annual growth rate of value in Uzbekistan stood at X%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

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

Sorbitol Imports

Imports in Central Asia

In 2022, sorbitol imports in Central Asia skyrocketed to X tons, increasing by X% against 2021 figures. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, sorbitol imports soared to $X in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Uzbekistan represented the key importer of d-glucitol (sorbitol) in Central Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Turkmenistan (X tons). All these countries together took approx. X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sorbitol imports into Uzbekistan stood at X%. At the same time, Tajikistan (X%), Kazakhstan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Tajikistan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported d-glucitol (sorbitol) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Uzbekistan, sorbitol imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :