Central Asia: Market for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium 2025

Market Size for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Central Asia

The Central Asian non-aqueous paint and varnish market rose remarkably to $X in 2022, with an increase of 14% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Central Asia

In value terms, non-aqueous paint and varnish production totaled $X in 2022 estimated in export price. In general, production, however, showed a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Exports in Central Asia

In 2022, non-aqueous paint and varnish exports in Central Asia surged to X tons, increasing by 386% on 2021. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,460% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, non-aqueous paint and varnish exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the major exporter of paints and varnishes dispersed or dissolved in a non-aqueous medium in Central Asia, with the volume of exports recording X tons, which was near 83% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), mixing up a 15% share of total exports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the paints and varnishes dispersed or dissolved in a non-aqueous medium exports, with a CAGR of +60.8% from 2012 to 2022. At the same time, Uzbekistan (+23.8%) displayed positive paces of growth. By contrast, Kyrgyzstan (-19.7%) illustrated a downward trend over the same period. While the share of Kazakhstan (+79 p.p.) and Uzbekistan (+15 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (-94.2 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest non-aqueous paint and varnish supplier in Central Asia, comprising 95% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 4.1% share of total exports.

In Kazakhstan, non-aqueous paint and varnish exports increased at an average annual rate of +59.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+25.0% per year) and Kyrgyzstan (-23.4% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by 86% against the previous year. In general, the export price posted a tangible expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by 266%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.0%), while the other leaders experienced a decline in the export price figures.

Imports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Imports in Central Asia

In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium imported in Central Asia expanded to X tons, growing by 2.7% against the year before. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.2% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, non-aqueous paint and varnish imports surged to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.0% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the main importer of paints and varnishes dispersed or dissolved in a non-aqueous medium in Central Asia, with the volume of imports recording X tons, which was near 50% of total imports in 2022. Uzbekistan (X tons) ranks second in terms of the total imports with a 25% share, followed by Kyrgyzstan (11%), Tajikistan (6.5%) and Turkmenistan (4.7%). Mongolia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +25.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 89% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of +34.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of 31% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+7.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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