Central Asia: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Central Asia

In 2022, the Central Asian saturated acyclic monocarboxylic acids market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, 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 Saturated Acyclic Monocarboxylic Acids in Central Asia

In value terms, saturated acyclic monocarboxylic acids production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in Central Asia

For the third year in a row, Central Asia recorded growth in overseas shipments of saturated acyclic monocarboxylic acids, which increased by X% to X tons in 2022. Overall, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, saturated acyclic monocarboxylic acids exports surged to $X in 2022. Over the period under review, exports recorded a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) represented the largest exporter of saturated acyclic monocarboxylic acids, making up X% of total exports. It was distantly followed by Uzbekistan (X tons), making up a X% share of total exports.

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

In value terms, Kazakhstan ($X) emerged as the largest saturated acyclic monocarboxylic acids supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

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

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in Central Asia

In 2022, saturated acyclic monocarboxylic acids imports in Central Asia skyrocketed to X tons, jumping by X% against the previous year. Over the period under review, imports recorded a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, saturated acyclic monocarboxylic acids imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Uzbekistan represented the largest importer of saturated acyclic monocarboxylic acids in Central Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%) and Tajikistan (X%). Turkmenistan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

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

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

Uzbekistan, with a CAGR of X%, recorded 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

In 2022, the import price in Central Asia amounted to $X per ton, surging by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price 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, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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