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Report Central Asia - Phenolic Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Phenolic Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Phenolic Resins Market 2024

Phenolic Resins Market Size in Central Asia

In 2021, after two years of decline, there was significant growth in the Central Asian phenolic resins market, when its value increased by 16% to $X. Overall, consumption, however, saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Phenolic Resins Production in Central Asia

In value terms, phenolic resins production stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by 38% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Phenolic Resins Exports

Exports in Central Asia

In 2021, exports of phenolic resins in primary forms in Central Asia amounted to X tons, leveling off at 2020. Overall, exports continue to indicate a relatively flat trend pattern. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, phenolic resins exports stood at $X in 2021. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The shipments of the one major exporters of phenolic resins in primary forms, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of exports of phenolic resins in primary forms. The shares of the largest exporters remained relatively stable throughout the analyzed period.

From 2021 to 2021, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Phenolic Resins Imports

Imports in Central Asia

In 2021, approx. X tons of phenolic resins in primary forms were imported in Central Asia; jumping by 54% against the year before. Total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, phenolic resins imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a noticeable decline. The growth pace was the most rapid in 2017 with an increase of 79%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Kazakhstan prevails in imports structure, amounting to X tons, which was near 89% of total imports in 2021. It was distantly followed by Uzbekistan (X tons), mixing up a 7.4% share of total imports. Turkmenistan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the phenolic resins in primary forms imports, with a CAGR of +8.1% from 2012 to 2021. Uzbekistan (-11.6%) and Turkmenistan (-27.6%) illustrated a downward trend over the same period. While the share of Kazakhstan (+29 p.p.) and Uzbekistan (+7.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkmenistan (-36.3 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported phenolic resins in primary forms in Central Asia, comprising 74% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +3.1%. In the other countries, the average annual rates were as follows: Uzbekistan (+14.2% per year) and Turkmenistan (-28.4% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by 33% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($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 (+29.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan constituted the country with the largest volume of phenolic resins consumption, comprising approx. 60% of total volume. Moreover, phenolic resins consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, threefold.
In value terms, Kazakhstan, Turkmenistan and Uzbekistan constituted the countries with the highest levels of imports in 2020, together accounting for 99% of total imports.
In 2020, the phenolic resins import price in Central Asia amounted to $1,119 per ton, reducing by -7.1% against the previous year.

This report provides an in-depth analysis of the phenolic resins 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 20165650 - Phenolic resins, in primary forms

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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