Report Update Nov 1, 2024

Central Asia - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Methacrylic Acid Esters Market 2024

Methacrylic Acid Esters Market Size in Central Asia

In 2022, the Central Asian methacrylic acid esters market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a prominent expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Methacrylic Acid Esters Production in Central Asia

In value terms, methacrylic acid esters production rose slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Methacrylic Acid Esters Exports

Exports in Central Asia

In 2022, exports of esters of methacrylic acid in Central Asia stood at X tons, remaining constant against the previous year. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, methacrylic acid esters exports amounted to $X in 2022. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2018. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Kazakhstan (X tons) was the key exporter of esters of methacrylic acid in Central Asia, generating 100% of total export.

Kazakhstan was also the fastest-growing in terms of the esters of methacrylic acid exports, with a CAGR of +61.0% from 2017 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

From 2017 to 2022, the average annual growth rate of value in Kazakhstan stood at +91.4%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2018 when the export price decreased by 99.9% against the previous year. The level of export peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2017 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +18.9% per year.

Methacrylic Acid Esters Imports

Imports in Central Asia

After three years of decline, overseas purchases of esters of methacrylic acid increased by 836% to X tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, methacrylic acid esters imports surged to $X in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 561% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan represented the major importing country with an import of around X tons, which accounted for 64% of total imports. It was distantly followed by Kazakhstan (X tons), comprising a 35% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +49.8%).

In value terms, the largest methacrylic acid esters importing markets in Central Asia were Kazakhstan ($X) and Uzbekistan ($X).

Uzbekistan, with a CAGR of +29.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, dropping by -41% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2021 an increase of 64% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-9.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for esters of methacrylic acid in Central Asia?

Uzbekistan remains the largest methacrylic acid esters consuming country in Central Asia, comprising approx. 57% of total volume. Moreover, methacrylic acid esters consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold. Tajikistan ranked third in terms of total consumption with a 17% share.

What are the leading importers of esters of methacrylic acid in Central Asia?

In value terms, Kazakhstan, Uzbekistan and Tajikistan constituted the countries with the highest levels of imports in 2020, together accounting for 88% of total imports. Mongolia lagged somewhat behind, comprising a further 8.9%.

What is the average export price for esters of methacrylic acid in Central Asia?

The methacrylic acid esters export price in Central Asia stood at $2,452 per ton in 2020, increasing by 50% against the previous year.

What is the average import price for esters of methacrylic acid in Central Asia?

The methacrylic acid esters import price in Central Asia stood at $8,592 per ton in 2020, jumping by 160% against the previous year.

This report provides an in-depth analysis of the methacrylic acid esters market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143340 - Esters of methacrylic acid

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023