Kazakhstan: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in Kazakhstan

In 2020, the Kazakh acyclic hydrocarbons market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Acyclic Hydrocarbons Production in Kazakhstan

In value terms, acyclic hydrocarbons production contracted sharply to $X in 2020 estimated in export prices. Overall, production, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. Acyclic hydrocarbons production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Acyclic Hydrocarbons Exports

Exports from Kazakhstan

In 2020, overseas shipments of acyclic hydrocarbons were finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed a resilient expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, acyclic hydrocarbons exports skyrocketed to $X in 2020. Overall, exports enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons) was the main destination for acyclic hydrocarbons exports from Kazakhstan, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to Russia exceeded the volume sent to the second major destination, Algeria (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and the Netherlands (+X% per year).

In value terms, Russia ($X) remains the key foreign market for acyclic hydrocarbons exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by Algeria ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average acyclic hydrocarbons export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the export price continues to indicate a perceptible setback. The growth pace was the most rapid in 2019 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton, and then shrank dramatically in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Algeria, while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Kazakhstan

In 2020, acyclic hydrocarbons imports into Kazakhstan dropped notably to X tons, with a decrease of -X% against the previous year's figure. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of X tons. from 2018 to 2020, the growth imports remained at a lower figure.

In value terms, acyclic hydrocarbons imports reached $X in 2020. Overall, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, Russia (X tons) was the main supplier of acyclic hydrocarbons to Kazakhstan, accounting for a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia amounted to +X%.

In value terms, Russia ($X) constituted the largest supplier of acyclic hydrocarbons to Kazakhstan, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Russia totaled +X%.

Import Prices by Country

The average acyclic hydrocarbons import price stood at $X per ton in 2020, rising by X% against the previous year. In general, the import price, however, showed a pronounced curtailment. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per ton), while the price for China totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox Platform

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