Central Asia: Natural Polymers Market 2024

Natural Polymers Market Size in Central Asia

In 2021, the Central Asian natural polymers market increased by 8.3% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Natural Polymers Production in Central Asia

In value terms, natural polymers production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Natural Polymers Exports

Exports in Central Asia

Natural polymers exports shrank to X tons in 2021, with a decrease of -9% on the previous year. Overall, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 when exports increased by 779%. 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, natural polymers exports shrank remarkably to $X in 2021. In general, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 474% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kazakhstan (X tons) was the main exporter of natural and modified natural polymers in primary forms, mixing up 89% of total exports. It was distantly followed by Uzbekistan (X tons), achieving a 10% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to natural polymers exports from Kazakhstan stood at -3.2%. At the same time, Uzbekistan (+102.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +102.3% from 2012-2021. Uzbekistan (+10 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -9.2% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest natural polymers supplier in Central Asia, comprising 85% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 7.7% share of total exports.

In Kazakhstan, natural polymers exports plunged by an average annual rate of -2.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, dropping by -23.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 928% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.3%).

Natural Polymers Imports

Imports in Central Asia

In 2021, imports of natural and modified natural polymers in primary forms in Central Asia soared to X tons, picking up by 374% on the year before. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural polymers imports soared to $X in 2021. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan represented the major importer of natural and modified natural polymers in primary forms in Central Asia, with the volume of imports resulting at X tons, which was near 84% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), achieving a 13% share of total imports. Kyrgyzstan (X tons) took a relatively small share of total imports.

Uzbekistan was also the fastest-growing in terms of the natural and modified natural polymers in primary forms imports, with a CAGR of +68.3% from 2012 to 2021. At the same time, Kyrgyzstan (+12.5%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Uzbekistan increased by +84 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported natural and modified natural polymers in primary forms in Central Asia, comprising 76% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 19% share of total imports.

In Uzbekistan, natural polymers imports increased at an average annual rate of +69.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-2.8% per year) and Kyrgyzstan (+8.9% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, dropping by -21.4% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 23%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood 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 Kazakhstan ($X per ton), while Kyrgyzstan ($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 (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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