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Report Central Asia - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Ethylene Glycol Market 2024

Ethylene Glycol Market Size in Central Asia

In 2022, the Central Asian ethylene glycol market increased by 1.7% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a measured increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Ethylene Glycol Production in Central Asia

In value terms, ethylene glycol production reduced slightly to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 44% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Ethylene Glycol Exports

Exports in Central Asia

In 2022, shipments abroad of ethylene glycol (ethanediol) increased by 26% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of 1,830% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ethylene glycol exports skyrocketed to $X in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 2,032% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the ethylene glycol (ethanediol) exports, with a CAGR of +32.2% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest ethylene glycol supplier in Central Asia.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +31.8%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, jumping by 79% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 166%. Over the period under review, the export prices hit record highs at $X per ton in 2012; 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 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -0.3% per year.

Ethylene Glycol Imports

Imports in Central Asia

In 2022, approx. X tons of ethylene glycol (ethanediol) were imported in Central Asia; jumping by 24% compared with the previous year. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 57%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, ethylene glycol imports reached $X in 2022. Over the period under review, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Kazakhstan (X tons) and Uzbekistan (X tons) represented the main importer of ethylene glycol (ethanediol) in Central Asia, creating 99% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of +63.2%).

In value terms, Kazakhstan ($X) constitutes the largest market for imported ethylene glycol (ethanediol) in Central Asia, comprising 66% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 32% share of total imports.

In Kazakhstan, ethylene glycol imports increased at an average annual rate of +13.0% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, dropping by -15.5% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 46%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 (-3.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Turkmenistan, Tajikistan and Kazakhstan, together comprising 96% of total consumption.
The countries with the highest volumes of in 2021 were Turkmenistan and Tajikistan.
In value terms, the largest ethylene glycol supplying countries in Central Asia were Uzbekistan and Kazakhstan.
In value terms, the largest ethylene glycol importing markets in Central Asia were Kazakhstan and Uzbekistan.
In 2021, the export price in Central Asia amounted to $1,101 per ton, waning by -16% against the previous year.
In 2021, the import price in Central Asia amounted to $829 per ton, with an increase of 7.4% against the previous year.

This report provides an in-depth analysis of the ethylene glycol 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 20142310 - Ethylene glycol (ethanediol)

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 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. 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. 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. 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

  12. 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

  13. 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

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