Central Asia: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Central Asia

The Central Asian market for pure polyvinyl chloride in primary forms soared to $X in 2022, growing by 20% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the near future.

Production of Pure Polyvinyl Chloride in Primary Forms in Central Asia

In value terms, production of pure polyvinyl chloride in primary forms fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 60%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Central Asia

In 2022, overseas shipments of pure polyvinyl chloride in primary forms decreased by -31.6% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 651%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then reduced rapidly in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms dropped remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 593%. Over the period under review, the exports of hit record highs at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Kazakhstan was the key exporting country with an export of about X tons, which accounted for 71% of total exports. It was distantly followed by Uzbekistan (X tons), achieving a 28% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +27.0% from 2012 to 2022. At the same time, Uzbekistan (+463.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +463.5% from 2012-2022. While the share of Uzbekistan (+28 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (-7.5 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest pure polyvinyl chloride in primary forms supplier in Central Asia, comprising 71% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to +32.8%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, approximately reflecting the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by +59.3% against 2020 indices. The growth pace was 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 dropped in the following year.

Average prices varied noticeably 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 (+18.1%).

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Central Asia

In 2022, supplies from abroad of pure polyvinyl chloride in primary forms was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 103% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms expanded sharply to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of 88%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) dominates forms structure, together committing 92% of total imports. Tajikistan (X tons) and Kyrgyzstan (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +11.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Tajikistan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 97% of total imports.

Kazakhstan, with a CAGR of +13.5%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 -13.1% against the previous year. Import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +44.7% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 63%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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 Kazakhstan ($X per ton), while Tajikistan ($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 (+7.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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