Kazakhstan: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Kazakhstan

The Kazakh synthetic organic colouring matters market dropped to $X in 2022, which is down by -5.5% 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). In general, consumption showed a noticeable slump. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Other Synthetic Organic Colouring Matters

Exports from Kazakhstan

In 2022, shipments abroad of other synthetic organic colouring matters increased by 732% to X tons, rising for the fourth year in a row after three years of decline. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, synthetic organic colouring matters exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for synthetic organic colouring matters exports from Kazakhstan, accounting for a 96% share of total exports. It was followed by Uzbekistan (X tons), with a 2.9% share of total exports. The third position in this ranking was held by Kyrgyzstan (X tons), with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-2.2% per year) and Kyrgyzstan (-1.0% per year).

In value terms, Russia ($X) emerged as the key foreign market for other synthetic organic colouring matters exports from Kazakhstan, comprising 93% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 3.9% share of total exports. It was followed by Uzbekistan, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +47.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-0.8% per year) and Uzbekistan (+6.1% per year).

Export Prices by Country

The average synthetic organic colouring matters export price stood at $X per ton in 2022, shrinking by -30.3% against the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, 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 Tajikistan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Synthetic Organic Colouring Matters

Imports into Kazakhstan

In 2022, overseas purchases of other synthetic organic colouring matters were finally on the rise to reach X tons after three years of decline. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 87%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, synthetic organic colouring matters imports soared to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest synthetic organic colouring matters supplier to Kazakhstan, accounting for a 38% share of total imports. Moreover, synthetic organic colouring matters imports from Russia exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. China (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.3% per year) and China (+14.5% per year).

In value terms, Russia ($X) constituted the largest supplier of other synthetic organic colouring matters to Kazakhstan, comprising 33% of total imports. The second position in the ranking was taken by France ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.8% per year) and the Netherlands (+22.9% per year).

Import Prices by Country

In 2022, the average synthetic organic colouring matters import price amounted to $X per ton, jumping by 43% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic organic colouring matters import price increased by +94.2% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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