Central Asia: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Central Asia

The Central Asian oxygen-function amino-compound market reached $X in 2021, surging by 8.7% against the previous year. Over the period under review, consumption, however, recorded buoyant growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Oxygen-Function Amino-Compound Production in Central Asia

In value terms, oxygen-function amino-compound production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2020 when the production volume increased by 35%. As a result, production attained the peak level of $X, and then declined in the following year.

Oxygen-Function Amino-Compound Exports

Exports in Central Asia

In 2021, overseas shipments of oxygen-function amino-compounds were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 20%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. In general, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan prevails in exports structure, reaching X tons, which was approx. 94% of total exports in 2021. It was distantly followed by Mongolia (X tons), generating a 5.7% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -6.0% from 2012 to 2021. At the same time, Mongolia (+8.0%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +8.0% from 2012-2021. From 2012 to 2021, the share of Mongolia increased by +4 percentage points.

In value terms, Kazakhstan ($X) remains the largest oxygen-function amino-compound supplier in Central Asia, comprising 95% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to +13.8%.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, with an increase of 28% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2019 when the export price increased by 71% against the previous year. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+21.0%).

Oxygen-Function Amino-Compound Imports

Imports in Central Asia

In 2021, imports of oxygen-function amino-compounds in Central Asia totaled X tons, increasing by 4.6% on the previous year. In general, imports posted a pronounced increase. The pace of growth appeared the most rapid in 2019 when imports increased by 96% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, oxygen-function amino-compound imports soared to $X in 2021. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 38%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates imports structure, together committing 90% of total imports. It was distantly followed by Tajikistan (X tons), achieving a 4.8% share of total imports. The following importers - Mongolia (X tons) and Turkmenistan (X tons) - each resulted at a 4.3% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +159.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported oxygen-function amino-compounds in Central Asia, comprising 49% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 24% share of total imports. It was followed by Turkmenistan, with a 23% share.

In Kazakhstan, oxygen-function amino-compound imports increased at an average annual rate of +1.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+83.1% per year) and Turkmenistan (+9.8% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, with an increase of 15% against the previous year. Import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oxygen-function amino-compound import price increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 61%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+38.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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