Kazakhstan: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Kazakhstan

The Kazakh pharmaceutical rubber articles market surged to $X in 2021, picking up by 29% 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, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 +44.1% against 2017 indices. Pharmaceutical rubber articles consumption peaked in 2021 and is expected to retain growth in the near future.

Pharmaceutical Rubber Articles Exports

Exports from Kazakhstan

Pharmaceutical rubber articles exports from Kazakhstan rose sharply to X units in 2021, with an increase of 9.5% on the year before. Over the period under review, exports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 841% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, pharmaceutical rubber articles exports stood at $X in 2021. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 656%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for pharmaceutical rubber articles exports from Kazakhstan, with a 100% share of total exports. It was followed by Ukraine (X units), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -4.2%.

In value terms, Russia ($X) remains the key foreign market for hygienic or pharmaceutical articles of rubber exports from Kazakhstan, comprising 77% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+14.2% per year) and Ukraine (-33.0% per year).

Export Prices by Country

In 2021, the average pharmaceutical rubber articles export price amounted to $X per unit, with a decrease of -8.1% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+69.8%), while the prices for the other major destinations experienced mixed trend patterns.

Pharmaceutical Rubber Articles Imports

Imports into Kazakhstan

For the third year in a row, Kazakhstan recorded growth in supplies from abroad of hygienic or pharmaceutical articles of rubber, which increased by 40% to X units in 2021. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.8% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical rubber articles imports skyrocketed to $X in 2021. In general, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +97.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 33%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Ukraine (X units) and Russia (X units) were the main suppliers of pharmaceutical rubber articles imports to Kazakhstan, together comprising 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +14.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Ukraine ($X), China ($X) and Russia ($X) appeared to be the largest pharmaceutical rubber articles suppliers to Kazakhstan, together accounting for 71% of total imports.

Among the main suppliers, China, with a CAGR of +5.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, waning by -9.4% against the previous year. Over the period under review, the import price recorded a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 23%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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