Kazakhstan: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Kazakhstan

After four years of growth, the Kazakh market for blankets and travelling rugs of synthetic fibres decreased by -9.5% to $X in 2022. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +59.7% against 2015 indices. Travelling rugs of synthetic fibre consumption peaked at $X in 2021, and then dropped in the following year.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Kazakhstan

In value terms, travelling rugs of synthetic fibre production reached $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 46%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Kazakhstan

Travelling rugs of synthetic fibre exports from Kazakhstan contracted remarkably to X units in 2022, waning by -15.5% on the previous year's figure. Over the period under review, exports, however, saw tangible growth. The pace of growth was the most pronounced in 2018 with an increase of 1,857%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports contracted to $X in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,484% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for travelling rugs of synthetic fibre exports from Kazakhstan, with a 95% share of total exports. It was followed by Kyrgyzstan (X units), with a 1.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+2.9% per year) and Uzbekistan (-30.8% per year).

In value terms, Russia ($X) remains the key foreign market for blankets and travelling rugs of synthetic fibres exports from Kazakhstan, comprising 92% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 4.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+25.7% per year) and Uzbekistan (-18.8% per year).

Export Prices by Country

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, picking up by 2.9% against the previous year. In general, the export price posted strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 79% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Kazakhstan

Travelling rugs of synthetic fibre imports into Kazakhstan shrank remarkably to X units in 2022, with a decrease of -37.5% against 2021 figures. Overall, imports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 298%. As a result, imports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, travelling rugs of synthetic fibre imports declined markedly to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 391% against the previous year. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X units) was the main travelling rugs of synthetic fibre supplier to Kazakhstan, with a 94% share of total imports. It was followed by Russia (X units), with a 2.2% share of total imports. Turkey (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+8.8% per year) and Turkey (-13.5% per year).

In value terms, China ($X) constituted the largest supplier of blankets and travelling rugs of synthetic fibres to Kazakhstan, comprising 92% of total imports. The second position in the ranking was taken by Russia ($X), with a 3.1% share of total imports. It was followed by Turkey, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+8.8% per year) and Turkey (-7.4% per year).

Import Prices by Country

In 2022, the average import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, reducing by -3.7% against the previous year. In general, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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