Report Update Nov 1, 2024

Kazakhstan - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Polyethylene Glycol Wax Market 2024

Polyethylene Glycol Wax Market Size in Kazakhstan

The Kazakh polyethylene glycol wax market reached $X in 2021, increasing by 3.3% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Polyethylene Glycol Wax Production in Kazakhstan

In value terms, polyethylene glycol wax production totaled $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.0% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 26%. Polyethylene glycol wax production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Polyethylene Glycol Wax Exports

Exports from Kazakhstan

In 2019, polyethylene glycol wax exports from Kazakhstan stood at X kg, almost unchanged from the year before. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2018. The exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, polyethylene glycol wax exports stood at $X in 2019. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

Kyrgyzstan (X kg) was the main destination for polyethylene glycol wax exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to Kyrgyzstan stood at +41.4%.

From 2017 to 2019, the average annual growth rate of value to Kyrgyzstan amounted to +29.7%.

Export Prices by Country

The average polyethylene glycol wax export price stood at $X per ton in 2019, approximately equating the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2017 to 2019, the rate of growth in terms of prices for Kyrgyzstan amounted to -8.3% per year.

Polyethylene Glycol Wax Imports

Imports into Kazakhstan

In 2021, imports of artificial and prepared waxes of polyethylene glycol into Kazakhstan skyrocketed to X tons, picking up by 184% on 2020. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 335%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, polyethylene glycol wax imports skyrocketed to $X in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 337% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of polyethylene glycol wax to Kazakhstan, with a 14% share of total imports. Moreover, polyethylene glycol wax imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X kg), threefold. Russia (X kg) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +44.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+52.5% per year) and Russia (+0.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of artificial and prepared waxes of polyethylene glycol to Kazakhstan, comprising 23% of total imports. The second position in the ranking was held by Poland ($X), with a 9.4% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +50.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+57.8% per year) and Germany (+14.2% per year).

Import Prices by Country

In 2021, the average polyethylene glycol wax import price amounted to $X per ton, with an increase of 41% against the previous year. In general, the import price, however, showed a deep setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial and prepared waxes of polyethylene glycol in the world?

The country with the largest volume of polyethylene glycol wax consumption was China, accounting for 25% of total volume. Moreover, polyethylene glycol wax consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the largest producers of artificial and prepared waxes of polyethylene glycol in the world?

China remains the largest polyethylene glycol wax producing country worldwide, accounting for 24% of total volume. Moreover, polyethylene glycol wax production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of artificial and prepared waxes of polyethylene glycol to Kazakhstan?

In value terms, Russia constituted the largest supplier of polyethylene glycol wax to Kazakhstan, comprising 55% of total imports. The second position in the ranking was occupied by Turkey, with a 21% share of total imports. It was followed by Germany, with a 6.9% share.

What is the average export price for artificial and prepared waxes of polyethylene glycol in Kazakhstan?

The average polyethylene glycol wax export price stood at $2,320 per ton in 2019, leveling off at the previous year.

What is the average import price for artificial and prepared waxes of polyethylene glycol in Kazakhstan?

The average polyethylene glycol wax import price stood at $2,213 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the polyethylene glycol wax market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20414270 - Artificial and prepared waxes of polyethylene glycol

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023