Kazakhstan: Plaster Article Market 2024

Plaster Article Market Size in Kazakhstan

The Kazakh plaster article market rose notably to $X in 2021, growing by 5.9% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.9% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the near future.

Plaster Article Production in Kazakhstan

In value terms, plaster article production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 56%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Plaster Article Exports

Exports from Kazakhstan

In 2021, shipments abroad of articles of plaster or of compositions based on plaster decreased by -42.5% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 35% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, plaster article exports fell notably to $X in 2021. Overall, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 9.5% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons) was the main destination for plaster article exports from Kazakhstan, with a 74% share of total exports. Moreover, plaster article exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-9.3% per year) and Russia (-74.9% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for plaster article exports from Kazakhstan, comprising 68% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 32% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-13.5% per year) and Russia (-63.1% per year).

Export Prices by Country

In 2021, the average plaster article export price amounted to $X per ton, increasing by 25% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+47.3%), while the prices for the other major destinations experienced a decline.

Plaster Article Imports

Imports into Kazakhstan

In 2021, approx. X tons of articles of plaster or of compositions based on plaster were imported into Kazakhstan; picking up by 21% against the previous year. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +11.9% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of 41%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, plaster article imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 46%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest plaster article supplier to Kazakhstan, accounting for a 82% share of total imports. Moreover, plaster article imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (-13.6% per year) and China (-2.3% per year).

In value terms, Russia ($X) constituted the largest supplier of plaster article to Kazakhstan, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.3% per year) and Uzbekistan (-18.8% per year).

Import Prices by Country

In 2021, the average plaster article import price amounted to $X per ton, rising by 17% against the previous year. Overall, the import price, however, showed a noticeable decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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