Central Asia: Plastic Packaging Market 2024

Plastic Packaging Market Size in Central Asia

The Central Asian plastic packaging market expanded sharply to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Plastic Packaging Production in Central Asia

In value terms, plastic packaging production expanded to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Plastic Packaging Exports

Exports in Central Asia

For the fifth consecutive year, Central Asia recorded growth in shipments abroad of plastic packaging, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, plastic packaging exports surged to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Kyrgyzstan (X tons) represented the largest exporter of plastic packaging, committing X% of total exports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Uzbekistan (X tons). All these countries together took near X% share of total exports. Turkmenistan (X tons) and Tajikistan (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic packaging exports from Kyrgyzstan stood at X%. At the same time, Tajikistan (X%), Kazakhstan (X%), Turkmenistan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kazakhstan, Uzbekistan and Tajikistan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) remains the largest plastic packaging supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

In Kyrgyzstan, plastic packaging exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 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 (X%), while the other leaders experienced a decline in the export price figures.

Plastic Packaging Imports

Imports in Central Asia

Plastic packaging imports skyrocketed to X tons in 2022, increasing by X% against the year before. Over the period under review, imports recorded prominent growth. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, plastic packaging imports skyrocketed to $X in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan represented the main importer of plastic packaging in Central Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kyrgyzstan (X tons), constituting a X% share of total imports. Tajikistan (X tons), Mongolia (X tons), Uzbekistan (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Turkmenistan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Mongolia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan and Uzbekistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported plastic packaging in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a mild decrease. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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