Central Asia: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Central Asia

The Central Asian polyvinyl chloride market fell to $X in 2022, shrinking by -6.8% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +47.6% against 2020 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Polyvinyl Chloride Production in Central Asia

In value terms, polyvinyl chloride production plummeted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, production attained the peak level of $X, and then declined rapidly in the following year.

Polyvinyl Chloride Exports

Exports in Central Asia

In 2022, overseas shipments of polyvinyl chloride decreased by -29.4% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 497%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, polyvinyl chloride exports dropped rapidly to $X in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 585% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Uzbekistan (X tons) and Kazakhstan (X tons) was the major exporter of polyvinyl chloride in Central Asia, generating 100% of total export.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +183.4%).

In value terms, Uzbekistan ($X) remains the largest polyvinyl chloride supplier in Central Asia, comprising 69% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 31% share of total exports.

In Uzbekistan, polyvinyl chloride exports expanded at an average annual rate of +206.9% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, reducing by -5.3% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride export price increased by +52.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 61% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

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 Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.3%).

Polyvinyl Chloride Imports

Imports in Central Asia

In 2022, approx. X tons of polyvinyl chloride were imported in Central Asia; shrinking by -6.5% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 85%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, polyvinyl chloride imports contracted to $X in 2022. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 74%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) prevails in imports structure, together committing 90% of total imports. It was distantly followed by Tajikistan (X tons), comprising a 6.1% share of total imports. Kyrgyzstan (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tajikistan (with a CAGR of +13.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), with a combined 97% share of total imports.

In terms of the main importing countries, Tajikistan, with a CAGR of +10.5%, 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

The import price in Central Asia stood at $X per ton in 2022, with a decrease of -6.9% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by +54.1% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 82%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the 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 Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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