Central Asia: Modelling Pastes Market 2024

Modelling Pastes Market Size in Central Asia

The Central Asian modelling pastes market skyrocketed to $X in 2021, with an increase of 25% against the previous year. In general, consumption posted a remarkable increase. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Modelling Pastes Production in Central Asia

In value terms, modelling pastes production expanded notably to $X in 2021 estimated in export price. In general, production enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 70% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Modelling Pastes Exports

Exports in Central Asia

In 2021, overseas shipments of modelling pastes, dental wax and dental impression compounds decreased by -87.2% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of 454% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, modelling pastes exports shrank sharply to $X in 2021. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 268% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kazakhstan (X tons) was the main exporter of modelling pastes, dental wax and dental impression compounds, making up 68% of total exports. Kyrgyzstan (X tons) ranks second in terms of the total exports with a 22% share, followed by Uzbekistan (9.6%).

Exports from Kazakhstan increased at an average annual rate of +3.1% from 2012 to 2021. At the same time, Uzbekistan (+87.9%) and Kyrgyzstan (+16.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +87.9% from 2012-2021. While the share of Kyrgyzstan (+12 p.p.) and Uzbekistan (+9.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-22 p.p.) displayed negative dynamics.

In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2021, with a combined 99% share of total exports.

Uzbekistan, with a CAGR of +138.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, with an increase of 142% against the previous year. In general, the export price continues to indicate a buoyant increase. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($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 (+27.0%), while the other leaders experienced more modest paces of growth.

Modelling Pastes Imports

Imports in Central Asia

In 2021, modelling pastes imports in Central Asia skyrocketed to X tons, picking up by 26% against 2020. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 130%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, modelling pastes imports skyrocketed to $X in 2021. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2017 with an increase of 192% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) was the largest importer of modelling pastes, dental wax and dental impression compounds, creating 74% of total imports. It was distantly followed by Uzbekistan (X tons), committing a 17% share of total imports. Kyrgyzstan (X tons) and Mongolia (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +12.7% from 2012 to 2021. At the same time, Uzbekistan (+20.8%), Mongolia (+13.7%) and Kyrgyzstan (+10.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +20.8% from 2012-2021. From 2012 to 2021, the share of Uzbekistan increased by +17 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported modelling pastes, dental wax and dental impression compounds in Central Asia, comprising 75% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 15% share of total imports. It was followed by Kyrgyzstan, with a 4.4% share.

In Kazakhstan, modelling pastes imports increased at an average annual rate of +13.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+39.2% per year) and Kyrgyzstan (+10.6% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, growing by 8.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by 27% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Mongolia ($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 (+15.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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