Report Update Nov 1, 2024

Kazakhstan - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Kazakhstan

The Kazakh o-acetylsalicylic acid market shrank rapidly to $X in 2021, with a decrease of -59.5% 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, however, enjoyed a buoyant increase. O-acetylsalicylic acid consumption peaked at $X in 2020, and then dropped remarkably in the following year.

O-Acetylsalicylic Acid Exports

Exports from Kazakhstan

After three years of growth, shipments abroad of o-acetylsalicylic acid, its salts and esters decreased by 0% to X kg in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 900%. As a result, the exports attained the peak of X kg. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, o-acetylsalicylic acid exports expanded remarkably to $X in 2021. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2016 when exports increased by 896% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X kg) was the main destination for o-acetylsalicylic acid exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled +58.4%.

In value terms, Kyrgyzstan ($X) also remains the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Kazakhstan.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at +65.8%.

Export Prices by Country

In 2021, the average o-acetylsalicylic acid export price amounted to $X per ton, surging by 7.2% against the previous year. Overall, the export price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 8.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -13.1% per year.

O-Acetylsalicylic Acid Imports

Imports into Kazakhstan

O-acetylsalicylic acid imports into Kazakhstan shrank markedly to X tons in 2021, which is down by -61% on the year before. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 430% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then dropped dramatically in the following year.

In value terms, o-acetylsalicylic acid imports contracted sharply to $X in 2021. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2016 when imports increased by 501% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then dropped markedly in the following year.

Imports by Country

China (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of o-acetylsalicylic acid imports to Kazakhstan, with a combined 78% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +82.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Germany ($X) constituted the largest o-acetylsalicylic acid suppliers to Kazakhstan, with a combined 73% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +105.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average o-acetylsalicylic acid import price stood at $X per ton in 2021, growing by 6.3% against the previous year. Overall, the import price posted a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 66% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, with a combined 36% share of global consumption. These countries were followed by Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus, which together accounted for a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, with a combined 96% share of global production. Ecuador lagged somewhat behind, accounting for a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Kazakhstan?

In value terms, China constituted the largest supplier of o-acetylsalicylic acid to Kazakhstan, comprising 82% of total imports. The second position in the ranking was occupied by Russia, with a 16% share of total imports.

What are the leading importers of o-acetylsalicylic acid, its salts and esters from Kazakhstan?

In value terms, Kyrgyzstan $265) remains the key foreign market for o-acetylsalicylic acid exports from Kazakhstan.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Kazakhstan?

The average o-acetylsalicylic acid export price stood at $10,600 per ton in 2020, reducing by -44% against the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Kazakhstan?

The average o-acetylsalicylic acid import price stood at $6,151 per ton in 2020, reducing by -10.8% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic 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 21101050 - O-acetylsalicylic acid, its salts and esters

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
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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
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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