Kazakhstan: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Kazakhstan

In 2021, after five years of growth, there was significant decline in the Kazakh cyclanes, cyclenes and cycloterpenes market, when its value decreased by -11.1% to $X. Overall, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Kazakhstan

In value terms, cyclanes, cyclenes and cycloterpenes production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 31% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Kazakhstan

In 2021, the amount of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exported from Kazakhstan amounted to X tons, therefore, remained relatively stable against the previous year's figure. Overall, exports faced a sharp setback. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports totaled $X in 2021. In general, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2017 with an increase of 51%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from Kazakhstan, with a approx. 50% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price saw significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 46%. The export price peaked in 2021 and is likely to continue growth in the near future.

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

From 2015 to 2021, the rate of growth in terms of prices for Russia amounted to +38.3% per year.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Kazakhstan

In 2021, supplies from abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 325% to X tons, rising for the fourth year in a row after two years of decline. In general, imports showed moderate growth. The most prominent rate of growth was recorded in 2014 when imports increased by 502% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. Overall, imports recorded buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by 689%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), Poland (X tons) and Germany (X kg) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Kazakhstan, together accounting for 95% of total imports. Switzerland and Italy lagged somewhat behind, together comprising a further 1.7%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +65.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Kazakhstan, comprising 50% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by Switzerland, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.8% per year) and Switzerland (+44.7% per year).

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, flattening at the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cyclanes, cyclenes and cycloterpenes import price decreased by -23.3% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 57%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Poland ($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 (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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