Kazakhstan: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Kazakhstan

The Kazakh textile industry finishing agents market contracted sharply to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Kazakhstan

Textile industry finishing agents exports from Kazakhstan surged to X tons in 2022, with an increase of X% compared with 2021 figures. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, textile industry finishing agents exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for textile industry finishing agents exports from Kazakhstan, with a X% share of total exports. It was followed by Kyrgyzstan (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X.7%.

In value terms, Russia ($X) emerged as the key foreign market for finishing agents used in the textile industry exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at X.8%.

Export Prices by Country

In 2022, the average textile industry finishing agents export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), while the prices for the other major destinations experienced a decline.

Imports of Finishing Agents Used In The Textile Industry

Imports into Kazakhstan

In 2022, approx. X tons of finishing agents used in the textile industry were imported into Kazakhstan; reducing by X% against the year before. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, textile industry finishing agents imports surged to $X in 2022. Overall, imports, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of textile industry finishing agents imports to Kazakhstan, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Turkey ($X) and Switzerland ($X) constituted the largest textile industry finishing agents suppliers to Kazakhstan, with a combined X% share of total imports. Germany, Italy and France lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average textile industry finishing agents import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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