Report Update Nov 1, 2024

Kazakhstan - Methacrylic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Methacrylic Acid Market 2024

Methacrylic Acid Market Size in Kazakhstan

The Kazakh methacrylic acid market contracted dramatically to $X in 2022, reducing by -97.3% against the previous year. Overall, consumption, however, showed mild growth. Methacrylic acid consumption peaked at $X in 2021, and then shrank notably in the following year.

Methacrylic Acid Production in Kazakhstan

In value terms, methacrylic acid production fell modestly to $X in 2022 estimated in export price. In general, production recorded a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of 10%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Methacrylic Acid Exports

Exports from Kazakhstan

In 2018, approx. X tons of methacrylic acid and its salts were exported from Kazakhstan; picking up by 6,375% on 2017 figures. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, methacrylic acid exports skyrocketed to $X in 2018. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for methacrylic acid exports from Kazakhstan, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for methacrylic acid and its salts exports from Kazakhstan.

From 2017 to 2018, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2018, the average methacrylic acid export price amounted to $X per ton, with an increase of 3.5% against the previous year. Over the period from 2017 to 2018, it increased at an average annual rate of +3.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2018, the rate of growth in terms of prices for France amounted to 0.0% per year.

Methacrylic Acid Imports

Imports into Kazakhstan

Methacrylic acid imports into Kazakhstan shrank notably to X kg in 2022, waning by -99.9% against the previous year's figure. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2013 when imports increased by 1,423%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank significantly in the following year.

In value terms, methacrylic acid imports reduced sharply to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 539%. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, the Netherlands (X kg) was the main methacrylic acid supplier to Kazakhstan, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -8.8%.

In value terms, the Netherlands ($X) constituted the largest supplier of methacrylic acid and its salts to Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +6.6%.

Import Prices by Country

The average methacrylic acid import price stood at $X per ton in 2022, with an increase of 1,474% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for methacrylic acid and its salts in the world?

The country with the largest volume of methacrylic acid consumption was Germany, accounting for 39% of total volume. Moreover, methacrylic acid consumption in Germany exceeded the figures recorded by the second-largest consumer, France, threefold. Malaysia ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of methacrylic acid and its salts in the world?

The country with the largest volume of methacrylic acid production was Germany, accounting for 56% of total volume. Moreover, methacrylic acid production in Germany exceeded the figures recorded by the second-largest producer, South Korea, fourfold. Thailand ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of methacrylic acid and its salts to Kazakhstan?

In value terms, Russia constituted the largest supplier of methacrylic acid to Kazakhstan.

What is the average export price for methacrylic acid and its salts in Kazakhstan?

In 2018, the average methacrylic acid export price amounted to $3,494 per ton, rising by 3.5% against the previous year.

What is the average import price for methacrylic acid and its salts in Kazakhstan?

The average methacrylic acid import price stood at $5,969 per ton in 2021, growing by 83% against the previous year.

This report provides an in-depth analysis of the methacrylic acid 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 20143330 - Methacrylic acid and its salts

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